Search results

Just curious, why fight the trend?

What’s the saying, “Past performance is not indivative of future returns”

we've been under the 200 on the daily... looking to see if we get back up to the last HVN around 5200 and if that resists or supports. I'll be targeting either 4920 LVN area or 5265 areas.

5050 anyone?

This feels like its dripping with sarcasm... correct I do know all that. Anyway, thanks for you input.

Thanks for the reply, I should have been more specific. I find great value in trading, however I find trading at home, alone to be unfulfilling. I do want to trade for a living, preferably with a firm.

I get IDB... Just saying the the guys I shaddowed with were quite knowledgeable and a group I'd feel confident working with. But yeah... 9/10

That was my expereince on the retail side as well...

Oh I agree... I spent a good amount of time networking on the retail side of the brokerage and i wouldn't even consider any of those roles as finance / investing / trading etc. they're all pure customer service and it shows. The institutional side was drastically different... When I shaddowed...

Wouldn't call myself 'awesome,' profitable yes, not a 7 figure trader by any means, but I support myself from it. I want to re-engage with like minded colleagues. Trading is a boring and lonely life IMO, and it juse doesn't fulfill me (socializing, shared values, collaborating, service etc).

Hi Schizo, I have supervised plently of people in my career as a Director and have done a lot of work on organizational management, psychology, blah blah blah... so yes I do consider myself qualified. Anyway, the issue is that its purely a compliance requirement for the role I want as...

Hello everyone, I’ve been trading for the better part of a decade. Successful, profitable etc. and have been trying to make a career change for my w2 work to align with trading / finance industry. I sought out a brokerage job with one of the major brokerage firms to get my foot in the door -...

I agree, but I feel the FED looking at PCE and CPI as a static number is missing the biggest issue economically for most Americans. Years of higher inflation is compounding in nature. So ok great you get “inflation” back down to 2% but that’s after it’s been compounding at a higher rate than...

That was spy and qqq, I was referring to SPX which was the first underlying to get them. So I reassert, 0 dte options have existed since the dates mentioned.

Regarding the expiration debut's, you're just wrong. Here's the PDF - CBOE Tuesday / Thursday listings. You can jump on onDemand on TOS and see them available on these dates. You're welcome to your viewpoint... its naive, myopic and misguided. I hope you become more openminded in the future...

Tuesday expirations began April 18, 2022; Thursday's on May 11, 2022. Impossible is not a word I use in trading... neither is guaranteed.

Daily 0-dtes have be around since 2022, which was a full on down year. QE was in effect until June of '22. Rate hikes and balance sheet runoff started around the same time (May 22) beginning to theoretically constrict money flow. Unemployment is looking like its basing; economically things are...

I voted 'who cares', but for me honestly thats 'I don't know;' too soon to tell by my eye technically. My macro influencing factors are Nation Debt and cost of debt service Inflation is still way above target IMO - especially real inflation for the avg american Individual Debt as % of income...

By my eye, from the daily chart, we’re a ways away from a full on reversal. I’d want to see a break below and retest forming resistance of 5050 for a start, and even then I’d want a break and resistance below the uptrend line I have in place from the 11/9/23 low before I would consider reversal...

So I'm FAR from the best trader out there, but this morning IMO was a solid downtrend. Been in place since 2/23. Broke down thru yesterday afternoon's support at EOD, then this morning gapped up but closed on the lows on decent sized candles... Went back to tap the 5083 area (entry short) now...