Day trading WSJ article

[ironchef]

LOL
Articles like this were a dime a dozen in 1999. Also back in 2007, but real estate instead of stocks.
If not for the Fed this market would be down 50%. They can prop this slob up for a long time, but eventually it will be time to pay the piper.

Yes, old enough to remember those good old days when everyone printed money until the crash came. Most gave them all back and then some.

 

[S2007S]

Go through Google news feed on your phone might let you in

I was able.to read it that way

 

[S2007S]

I don't use my phone for news feeds, as I have a limited data plan. I use my phone to make phone calls. If I want unlimited data, I use my computer. I guess I'm a dinosaur.

No unlimited data????? Hmm. How much is your monthly service? $15.87 with tax?

 

[Overnight]

No unlimited data????? Hmm. How much is your monthly service? $15.87 with tax?

What if it was?

 

[S2007S]

What if it was?

I would say thats a great deal. You can get a few gigs of data for $10 or 15 a month depending on the service provider.

 

[Bugsy]

I read that yesterday. The "daytraders" they interview are all banking it.


This was from some of the article


“I feel like Sonic the Hedgehog, collecting my coins,” said real-estate agent Sharmila Viswasam, 38 years old, of Lake Linganore, Md., referring to a videogame where the character collects gold rings.

She then went on to say how she made $65,000 in profits from a $25,000 trading account trading penny stocks.

They are following someone on Twitter who is pumping stocks and they all bail while everyone else is piling in. Classic pump and dump. Surprised the SEC hasn't jumped on it all yet. For every one person like her the other 9 are still in the stock when all the early pumpers exit.

 

[BAT31]

Speaking of daytraders, who's the obnoxious asshole who said he's the best daytrader in the world and said that Warren Buffett approach is outdated? He's even called out Buffett.

 

[Overnight]

Speaking of daytraders, who's the obnoxious asshole who said he's the best daytrader in the world and said that Warren Buffett approach is outdated? He's even called out Buffett.

I recall reading that guy's twitter blah a few weeks ago, where he said it was the easiest thing in the world. Can't recall the link, but I am sure it is on ET somewhere.

 

[Bugsy]

I recall reading that guy's twitter blah a few weeks ago, where he said it was the easiest thing in the world. Can't recall the link, but I am sure it is on ET somewhere.

Probably that Overstock.com CEO

 

[Overnight]

Probably that Overstock.com CEO

Or maybe...