Quote from BlueTurtle:
put it all in the market, you only live once!!! definitely only do futures, get great leverage.
if you lose a few 100k, who cares, will make life much more interesting.
As usual for you, the guy you are mocking here has made more money from trading in a good day than you ever have or will in your life. If you spent as much time scrolling your charts as you do trolling about how impossible this profession is, you might actually make something of yourself.
First you need a major attitude change, then a much stronger work ethic. That all might be asking too much.
**
The VIX is hovering between 13 and 16 levels, fwiw. This time it's sort of tail wagging the dog there because similar VIX levels in 2005 - 2006 were before it listed futures contracts and could be manipulated by government interests in the market. So who can really say what real volatility is?
We can say that broad markets for the past few months, actually most of this year have been hours of algo churn interrupted by minutes of breakout or breakdown surge moves. Other than maybe crude oil, all general markets behave the same.
How that relates to finding individual story stocks or thin floats that can be pushed these days relative to the past, no idea. I have talked with veteran stock traders recently who are stuck in the mud this year because they cannot operate against the rampant algos with historical tactics.
I know it's hard to trade small(er) after big size in the past and also small size is not linear to big size in strats or results. But you might want to probe the market with what used to be your specific edge and see if current conditions permit. Then again, I'm telling you something you already knew
