I did the stats some time ago and posted them on here, TST have 90% failure rate for sonething like $2k in fees per trader. Look, remote doesn't work, we were considering setting up a training academy. The top prop firms are more like institutions, the entry process is no different, if it's...
I came by to pick up https://www.elitetrader.com/et/threads/who-should-i-ignore.320577/page-4#post-4645818 and https://www.elitetrader.com/et/threads/trading-experience.320574/page-4#post-4646658 nice to see things haven't changed. Everyone still trying to generate wealth by using their income...
They have patience, they have capital, they have an infrastructure, all the things retail don't have. The patience is there as the number of viable trades is much lower than retail understand, the capital is there to leverage when a viable trade comes online, the infrastructure is there to make...
Of course it's horribly complicated, countertrend is like leverage on leverage, one mistake and you lose your capital. Yes it's true everything is correlated these days, but they don't normally all go down at once. The chance of you timing a countertrend is near zero, but if you do you can...
If you have an amount, any amount, $1,000, $1,000,000, to invest in stocks, bonds, futures, forex, crypto, via managed, index etf, daytrading, what return do you expect per year on the capital?
I can't resist, trend trading is 10x more efficient than daytrading, and countertrend is 10x more efficient than trend trading, countertrend netting 100x profit to effort over daytrading.
So why the stress, because if you miss even one anomaly you will evaporate your capital, countertrend is...
Look, I've just come back from being invited for a couple of bottles of wine at what I would presume is a famous writer, given the stories told. Your issue is incredibly simple, either an event has occurred or you suspect will occur that will reduce your algo profitability.
What you are...
I agree with absolutely everything you've said, but if I have an opportunity to stick to the governments I will take it, and I have a feeling this is the general concept of all Tesla owners, even if it means a capital loss.
Be a little more respectful, you obviously don't know where the circuit breakers and limits are so I will put it in more "simplistic" terms, if there is a flash crash can they delete trades causing you a capital loss, yes, can they delete stop orders causing you a capital loss, yes, can they...
Musk knows what he's doing, I don't like his approach but I'm still thinking about buying a Tesla purely to use the near zero cost of motoring and annoy the senses out of everyone, hey, I'm all for paying £0.82 to park for 4hrs in W1. Tesla is like Bitcoin, it breaks all the rules, no one has...
It means you broke the embedded rules in the financial system, so your trades are not "valid". Don't break the rules, then you have no problem, it's very simple. Right, you mean what are the rules, they are stupidly complex and I am not going to explain them, so rely on everyone else's opinion...
Funny, simple rule, have 0% debt or 100% debt, you call all the shots, most people have somewhere between 5% and 95%, no leverage. All Musk has to do is float default and the bankers will go in to a spin, it would cause contagion and send the stock market reeling. But, be prepared to follow...
You do understand if you don't take the first option it will be made as painful for you as possible, the entire social systems around the world are designed to pull as much capacity out of you with as little pay as possible and absolutely no liability when it goes wrong, that is the purpose of...
Creative accounting at it's finest, albeit on a micro scale, I'm not looking in to the details but if that inflates revenue then they will be hiding expenses somewhere, Newton at work again.
"do not significantly impact our reported net income" the question is, what is their definition of...