MightyMouse

Well, you know what to do if you want to get rid of the next one or if you really like her, then stop trading.

I give anyone who does trade from home, with family around, a lot of credit. I can't deal at all with the distractions. My wife is not allowed to talk to me during the day unless it is a real emergency. She complies which is great. I actually don't share anything business related with her. I deposit money and it gets spent. She has no idea what we make, what we pay, and has little idea of what we have. She does know what she gets if I die, where we live, and what she drives. She doesn't need to know if I have a good year or a bad year. The way I see it her mind is like that of a shitty trader who gets emotional at all the wrong times. So I don't try to impress her or depress her. All it can ever do is create problems for me.If she were involved in the things I do, then it would be different, but she isn't so I don't need her input to do the things I need to do. I couldn't be me any other way.

Logan's Run is a Farrah Faucett reference. She had a cameo part, but I was greatful

My post was entered quickly and was contextually poor. It was striking to me that it took a lot more time to fill the order the last 2 times a trade of that size occurred. So it was unusual and the fill was unusually quick. Also, 75K contracts is generally around 5% of volume. So large, but seemingly not too large.

if you added 1000, it would be 1000 more than what you are already observing. It wouldn't set off a flash crash, but it would cause movement, slippage if you wish. Re: the 75k sell order. The execution of this sell program resulted in the largest net change in daily position of any trader in the E-Mini since the beginning of the year (from January 1, 2010 through May 6, 2010). Only two single-day sell programs of equal or larger size – one of which was by the same large fundamental trader – were executed in the E-Mini in the 12 months prior to May 6. When executing the previous sell program, this large fundamental trader utilized a combination of manual trading entered over the course of a day and several automated execution algorithms which took into account price, time, and volume. On that occasion it took more than 5 hours for this large trader to execute the first 75,000 contracts of a large sell program. 6 However, on May 6, when markets were already under stress, the Sell Algorithm chosen by the large trader to only target trading volume, and neither price nor time, executed the sell program extremely rapidly in just 20 minutes. http://www.sec.gov/news/studies/2010/marketevents-report.pdf

Enough of the Al Qaeda training videos. Let's get back on topic.

You can add that a profitable and well run company in a perfectly fine industry can decline in price if money is the market is flowing to stocks in a different industry with much hotter prospects. Such was the case in the late 90's during the .com and ecommerce craze. The tradition industries lagged badly, but people still consumed healthcare, toothpaste, soda, etc.

If you read the congressional findings about what happened during the flash crash, you'll see that the impetus was a 75,000 contract order that was entered abnormally. The normal method would have been to enter it taking into account time and price, but it was entered during a relatively low volume period and I am pretty sure it was a market order. A thousand contracts is large size, you would cause a stir if you dropped a large order in. If it was a limit sell order and other traders perceived that it was real, then they would pull their bids,others would lower their offers; the market would drop. With supply overhead, the market likes to deal with that at lower prices. Unfortunately, I can't demonstrate this since I cannot trade a 1000 lot order. . I agree with the basic premise that it is not easy to make the percentages that these guys talk about. You can always go back and find a strategy that would have produced a 3% return consistently over many months daytrading, but it won't work on a forward basis. On the other hand, if you are a longer term trader trading in the futures markets and you catch a trend and you use leverage to your advantage, you can certainly average much greater than 3% or even 20% a month if you catch a nice trend. But that is not equity that you can pull from your account during a trade and there will be weeks or months that will be negative while the market takes a breath during the trend.

I really liked the way you started and then you took a random walk down Wall St. You will be able to make money trading or playing poker as long as fresh money continues to enter either arena. Dumb money either leaves or learns. Either is a problem for a trader or a poker player. Not trading is a great trade if there is no money to be taken by you. If you are going to trade when there is no money to be made, then what you are describing may come true, but then you are not using trading skills to trade and are instead just incessantly hitting buy or sell on your DOM until all your money is gone.

I think it was an article about estate planning with life insurance. It has many elemenets of truth in it which is why it pisses you off when you read it. In fact I think he missed quite a few items that add to the anti-business theme. Say all you want about America, but we have the best variety of women anywhere.

MMS, I think we need to label you a vendor.

Her account was used as a vessel to get the clintons money. Very large trades were placed in her account on her behalf. She had no idea how to trade and it was never implied that she did know how to trade. It was a win win situation for the clintons until the target sum was hit. If losses did occur, she did not have to put up the lost amount. Others put it up or the loss was swept away into an error account. So, 100k was received by the clintons and it was made to look like it was earned in a trading account. Bill was governor then and likely someone needed to get him money without making it look like an outright bribe.

Siuya, you make not being married seem good. A different type of explosion occurs when you are married for almost 20 years and your wife comes home. MM

Where is the secret? I feel like I was let down.

Well, for someone who is skeptical you sure do jump to conclusions quickly and post fall statements. It might be that your dislike of Hillary Clinton leads you to believe even the most far fetched ideas, but I really have no idea why you choose to believe the falsehoods that you believe.

Insider trading in the cattle and hog market? That is awesome! I think the only place where your statistics, logic and common sense will make any sense is in a saloon because in a saloon you can insider trade in the cattle or hog market. Wikipedia is the lazy man's version of research. it is probably more appropriately called packaging or marketing of information. Research is slightly different from copying and pasting a few lines from Wikipedia. It might do you some good to research a topic before you profess to know the truth from experience, logic and common sense. It appears that her account may have been used as a vessel to funnel money to the Clintons. Why? I have no idea. She was allowed to break margin rules. Exactly why? I have no idea. I can speculate why, but I won't. But it remains that there were losses to her account and not hundreds of winning trades without a losing trade as you posted earlier.

Thousands of trades. No wait. Hundreds of thousands of trades.You should really get your facts straight before you begin to condemn someone. Isn't that what you profess? She did in fact have losing trades. Sorry, I don't get my information from a saloon. It is always fun to provide a know it all some facts.

There was nothing wrong with those trades. The missing information is what would have occurred if the trades lost. Not what occurred by the trades winning. In the end, it was in fact, a lucky break.

There is truth to what you say. Active money does tend to pay passive money in the stock market.

Roger, Frequently comedy borders on the inappropriate. I think it might be best to not internalize the comments that happen here. It would be one thing if Blue and others knew of your sensitivity to your dad's illness and and then made the comment. I am confident that is not the case. He was having fun with the comment I made for the entertainment of those of us who still laugh at adolescent humor. If you know that he is British and then narrate his comments in your mind with a British accent, his comments were even funnier. I will grant you that it is only funny if you have not dealt with it. MM .

In or out of the EZ, Greece is a problem. In the EZ, Greece is a non productive EZ member that is going to have to be carried. Sort of like our Mississippi. Out of the EZ, They are unproductive and will have to print their way out of trouble. Borrowing costs will be high. Banks either way are going to have to be supported since a default or restructuring is going to erase capital. Govt borrowing, in the long run, devalues a currency. In the short run, a govt promising to borrow its way out of a problem is cause for a party.

Soultrader is the previous owner of the site and I am pretty sure he is no longer active. Mad Market Scientist now owns the site. Not sure if he has the videos, but the rumor is that he was previously a star, of sorts, in videos, but that was long ago. Incidentally, I am the sole source of that rumor

If the community is going to need to be sensitive to everyone, then we will certainly have to rule out ugly jokes as well.

Wow!, It looks like MMS stopped the pissing contest before it got out of hand.

Ok, well, we could certainly have a lot of fun with this and it would all be on topic, but i will leave the fun for others. The interesting thing is that I think this flies in the face of the common belief that you need to be relaxed or in that zen, meditative state to succeed. Having high testosterone levels on a given day isn't what I would call being meditative. Nice find. MM