I used to think that too - alignment is not hardly ever occurring. Better to track aver P/L as per type of trade (buy/sell), day of week etc as per index.
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which youtube "traders" are legit?
- Thread starter mute9003
- Start date
The main point of trading rooms is to have a bunch of minions to follow your entries. What would you love people to do after you enter long on a trade? You would dearly love everyone to follow you, so the price goes nicely up while you enjoy the ride.
Now, just do a simple exercise, look for the liquidity of those symbols that they recommend in the trading room, you will find that they are quite static at the moment they want to trade it, so they can modify the price in their favour with the room entries.
Pretty easy trick, but still works as you can see.
That's true, for the amateur ripoff rooms. Any chatroom that says to trade cheap low-volume low float stocks should be avoided like the frontrunning plague it is.
For twenty years I've said I don't like stocks under $10 (with rare exceptions) and never trade anything with less than $15k/minute volume.
I teach how to trade high-volume momentum gaps and breakouts for tickers like OXY MARA GDX DKNG UBER CCL SQQQ SOXL DAL etc.
Such price manipulation in futures has never been demonstrated, measured or verified. You pontificate from an unproven illusion -based position.
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LOL. If you check out his Twitter - it seems like he's busy traveling and picking up his yacht. I think there was some reference to helping out Ukrainan refugees as well. Maybe the guy actually is a saint.
https://twitter.com/qullamaggie
He had a massive tax bill from capital income last year (on the magnitude of tens of millions of USD, can't remember exact number) as Swedish newspaper independently picked up on. Nobody wants to overstate their income to Swedish tax authorities. Actually nice to know he is legit.
To follow up on Chat With Traders I have to say I'm very much impressed with the caliber and amount of traders that's been on the show so far.
It's similar to Market Wizards in audio-format and quite a few of the 'wizards' are interviewed as well.
It's similar to Market Wizards in audio-format and quite a few of the 'wizards' are interviewed as well.
It seems like he's trying to avoid attention from everyone aside from other traders. Newspapers that I assume would try to interview him haven't published any interviews. He could easily be a celebrity here if he wanted.
That reminds me of the one big trader here in Norway who avoided the press as far as he could to the point where you at one point couldn't find more than an old black and white picture of him.
Speaking of incredible returns, this guy started out trading electricity futures with a starting capital of approximately $25K USD and 15 years later was worth around $110 million USD.
It seems quite evident that he took on massive risk to do so, though, as he incredibly managed to lose his entire fortune and then some on that one big trade which went wrong:
https://financialpost.com/investing/phantom-trader-who-blew-hole-in-worlds-oldest-power-market
Speaking of incredible returns, this guy started out trading electricity futures with a starting capital of approximately $25K USD and 15 years later was worth around $110 million USD.
It seems quite evident that he took on massive risk to do so, though, as he incredibly managed to lose his entire fortune and then some on that one big trade which went wrong:
https://financialpost.com/investing/phantom-trader-who-blew-hole-in-worlds-oldest-power-market