The stock market is not a ponzi scheme, not a scam, not a casino for traders and speculators.
The stock market's main purpose is for transfer of shares or goods between buyer and sellers. It's not a place to preserve wealth or private members club for the rich. It's not the responsibility of...
macro-economic reality such DEBT and War if pro-longed enough will bring down the dollar down.
A weak dollar versus other currencies is a strong indicator of the strenghth of the country.
i.e. many countries in Africa have currencies that aren't even traded cause their currencies are...
the problem with averaging down is you don't know when it'll hit bottom and when does hit bottom you have no cash left to buy.
out of cash before it's even not even half way to the bottom.
this is the worst case scenerio.
Oil stays above $120-$150/barrel worse is $200/barrel if USD crashes or breaks down really bad. US growing debt and deficits and slow gdp can't keep the currency strong.
and the nasdaq. s&p and down jones crashes even further as all margins are and line of...
A bad trade is like bad trip.
You only realize it's a bad trade after you close the trade.
It's like taking a bag of cash and burning it.
It's like doing some bad LSD.
Try not to remember the bad trade,,nigthmare trade.
it went down because he bought 10 million shares at May.
basically he got screwed by the market everytime if you try to flip or scalp shares in that size.
that is what 300 million dollar position.
majority of folks don't have the minimum $25,000 to daytrade equities.
daytrading futures has limited opportunities so it sucks
and for LLC prop firms they are illegal or investigated by SEC for violating the 25k rule...
Nevis trading doesn't even accept US customers for prop trading.
i don't think it's ethical to even to allow gambling with your IRA or tax payers money with your IRA tax deductions.
given the poor statistic returns with futures and options, majority must lose...IRA are for buy and hold not for gambling
one trade make $100,000 with $40 commission and spent on 5 minutes on the trade.
do you know how many trades and cost of commission it's cost to make $100,000 and time spent if your daytrading and making only $400/day
250 days which is a years work of daily grinding!!!
an honest profession is you providing a service and the buyer or customer profits from your merchandise or service.
market makers hate profitable professional traders who make money off them. why do you think they have the min. $25,000 min. deposit to have the privellege of participating in...
Gov't main job is to regulate and enforce rules and laws...and they can't even do that.
the free market or open market is the best method to determine prices...heck the gov't can't even regulate market collusion and market manipulation..man the FED is manipulating the market itself.
commodities futures have high leverage and you can trade LARGE and more predictable and isn't manipulated like stocks can't be manipulated any market makers/broker or any trader.
if you have 10 million dollars to trade..forex and oil futures gives you the liquidity to daytrade them.
from my experience.
to answer the original question,,min. return is making at least medium salary or fuck this gig.
daytraders receive no respect and is not admirable and not respectable profession if you are only making $50,000/year.
don't even tell your friends and family you...