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Funny thing is seeing so many on ET think she is clueless about stock trading when she knows more than 98% of them. A bit of gender bias for sure. Nothing amazing in the videos, stuff most experienced pro daytraders know, but solid information on fundamentals and techniques of short term...

These days, a lot of microcap stocks are trading over 50 million shares a day. To name a couple: XSPA, GNUS. He could definitely be doing that kind of share size in penny stocks these days.

Steven Dux is a Timmy Sykes clone. They are not scammers, but focus on shorting small cap/micro cap pump and dumps. It's a simple but effective strategy, the hardest part of the strategy is actually getting the borrows on the stocks to short, because most of them will be hard to borrow...

I've also had a bad experience at AMP, when they advertised a lifetime no commission trading offer if you paid $1000, only to find out that there was a hidden per contract fee (trade processing fee, or some garbage like that) that was never mentioned until after depositing the money there. The...

Try to find something that you enjoy doing and make money from that. Life is too short to chase money while hating what you do. I guess if you hate doing everything then yes, chase the money. But trading is not something that will work out well if all you think about is how much money you can...

Humans didn't evolve to take losses lightly or accept defeat. Trading is humbling, and all it takes is one mistake at the wrong time and it's game over. Survival is half the battle in this game. If you can survive long enough to learn, then you can refine your skills to develop a...

I am keeping my powder dry to either short S&P or go long bonds in 2018. S&P is very overvalued now, but with volatility so low, I expect even higher prices by early 2018. However by summer or fall 2018, I think we will get a big equity correction and that should crush bond yields lower. A...

Studying long term fundamentals, such as the secular trend of higher debt levels, low interest rates, competitive devaluations, looking at the weekly COT reports to see how speculators are positioned. Price is also important since that determines value and potential profit. Medium term...

It is a fact that most traders end up losing over the long term. In order to be part of the minority of traders who win long term, you must trade differently than the majority. That is just simple logic. Then the first step is to identify what the majority of traders do. The second step is...

Suddenly the classic view for viewing in the original Elite Trader colors is gone. What happened?

Not everyone is wired the same. Just as you can't assume that other traders and investors feel the same way about a stock, you can't assume that others feel the same about trading. One person's stress is another person's excitement. For many, trading is like gambling, once you've experienced...

Don't get riled up by the skeptics. Most of them on this thread don't have a clue about card counting. I have read your posts on gambling forums and know you are legit. The key for blackjack at the higher levels is being able to get your money down, even if the game offers a smaller edge...

No it wasn't always a ton of work. From the 1990s until 2007, there was so much dumb money that it was like stealing candy from a baby. Not so much dumb money anymore, and the ways to trade against the dumb money is made more difficult due to regulations and more sharks competing.

I know there has always been front running, but never systematized to this extent with HFT. And penny spreads mean nothing when the bids and offers disappear as soon as a big order comes in. Not to mention subpennying off exchange, in front of bids and offers. The problem with HFTs is that...

I make money, but I would make a lot more money if the HFTs weren't so good at front running size(detecting icebergs, time sliced orders, etc). Yes, HFTs don't matter if you trade small size. But they are public enemy number 1 for those that trade large size. That is why you see Charlie...

The markets are more competitive than they were 20 years ago. Back then, there were no HFT firms front running everything. There was more paper flow, human market makers made many more mistakes than HFT bots do now. Even the medium frequency time frame was a lot less competitive. The markets...

Retail order flow is the most valuable order flow to get for a market maker. It is dumb money, so they can easily fade that order flow all day and make money over the long run. That is why the Citadels of the world pay the retail brokers so much for their order flow. It is a license to print...

How can anyone use TOS? They don't even have iceberg orders. I guess for most of their customers it doesn't matter, but for those trading size, it matters a lot.

OTC Energy/FX/interest rate swaps

Thanks for the info. Commissions threshold is a bit higher than I expected, but I guess that is what it takes to trade with the bank FCMs to get access to swaps.