Many traders long for yesteryear as markets are perceived to become more difficult to trade over time. However, I really do think now may be the best time to be a retail trader ever. Read on to learn learn why the futures and equities landscape has never look better for the retail trader. First for […]
Continue readingTonight, I was scalping MES when we went lock limit down. I thought I would share how it worked: because it the first time I had seen it in real-time. At the lock limit down price, there were about 300 contracts bid. Most of those were took out and we got a little bounce. It […]
Continue readingToday, largely driven by Robinhood’s commission free stock trading and their disruption: brokers are in a battle like never before to win customers and survive. Many of the top brokers offer commission free stock trading today. Recently, I have been evaluating several of the biggest brokerages for their stock, options, and futures trading. Read on […]
Continue readingA good rule of thumb is that a reasonable risk per day for a day trader is from 2% to 5%. A moderate level of risk is around 3% of your capital. The new CME e-micros makes it possible to get started with trivial amounts of risk (from $500 to $1000 or even less). However, […]
Continue readingI have been pondering who was shorting UBER. Hedge funds bet big on it, retailers would only be long, most institutional are long only, and that leaves the question who was on the short side? While it is possible that some hedge funds reversed to short based on new information, I think most likely the […]
Continue readingTrade idea: Long 33 Call Options 8 Days Exp. 1 standard deviation move yields a 2 to 1 R (Reward/Risk). A move between 1 and 2 standard deviation yields ~4R trade. Trade is fully risk limited as call options. One way to trade this is just to take profits at resistance or price targets. Another […]
Continue readingI think now is a good time to add to any UBER positions. Thesis for the trade/add is extreme poor sentiment, improving price, and knowledge from published reports that hedge funds have bet big on UBER. Counter thesis is poor price action on intermediate term and unproven results. I think optimal time to buy UBER […]
Continue readingI have been considering this trade war, and it is playing out much like I anticipated: however, I am not sure exactly how it goes. China did not want to give up what they considered a long-term advantage and did not take the low risk option of compromise. While it seemed like good long-term planning, […]
Continue readingI am going to describe a simple strategy that I conjecture will beat most Commodity Trading Advisors out there. I suspect that some of you are salivating at the prospects. However, before I share it with you I must share that I have not did much in the way of analysis on it yet, and […]
Continue readingJim Cramer is not really that bad. Many people cite Jim Cramer as offering poor advise because his predictions have a poor track record. However, it misses the point in a few ways. First, he gets people excited and interested in investing and second, my understanding, is that he bullish most of the time. And, […]
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