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i'm out at 20960 Your President has gone mad and cost me a few bucks...

I like the lower bid/offer spread on SPY, so yes SPY is better for day trading, but for buy and hold strategies for overnight or longer, ES (on margin of course) means cash is freed up to use elsewhere. Plus daily settlement of the futures means cash available in the account to be used elsewhere...

Long March Dow at 21000 stop 20900

Better off buying es futures imo

A nice pullback today.....probably a buying opportunity.

Expect 3000 on sp500 myself this year.

The interesting thing is the assumption that if you have insider knowledge you can use that to profit. But as shown in the insider trading trial of the guys who ran the galleon group, they often lost money despite them knowing info which should have made them money. It's just that the market...

Why?

For all you newbies, surf is a student/mentee of Victor Niederhoffer.

Don't think that's the same guy...

Peter Brandt

Peter Brandt is a pure chartist. 40% pa compounded over decades...audited.

I think Hampton has left the building....

A better question might be, why trade when you can teach? Seems less risky to me.

I think his policies will be very beneficial for the US but lousy for the world. Sp500 could hit 3000 this year.

Most day traders lose money. It would be interesting to know what the average loss is.

He has peanuts compared to the assets of even a small hedge fund.

Stick the inheritance into savings accounts that are insured. Learn strategies that will grow your half million very quickly. 50% to 100% a year is very doable. Do not invest for income. At the end of the year, take out from your acct whatever amount you need to spend for the following year...

20000 breached on dow...