Higher rate of return...At some point it becomes gambling/gaming, rather that investing/day/swing trading. You do not see the grime of day trading. I am not a day trader, but I know a few. The hours they put in...And fail. I was a farmer...My dad told me 40 years ago, "I never saw a successful part time farmer...I just didn't see it". If you were/are a farmer or general, I think you can relate. If you can not answer a simple question like how an IRA or 401k works...You need to go back for basic schooling. Take a night course at a JC/community college on investing. I'll share a story of when I tried to be my own general contractor. Bought a cheap property backing the freeway in a decent part of town...I was a Realtor and could find deals. Tore down the old building, leveled, did the compression test. I submitted my commercial plans (California)...For a pre fab building. The county accepted them and approved them. I got the plumber to install the underground plumbing. In the engineer's plans it called for black PVC pipe though out. The county had accepted the plans!! After the plumbing was done, the inspector said I needed copper though out the building~~The plumber said he was going off of the plans. Neither the plumber or the engineer accepted responsibility for the error. The county insisted on copper...So I had to pay for it to be torn out and replaced with copper!! After the shell of the building was put up, I sold the building (unfinished)...Was trying for "build to suit". I WAS OUT OF MY LEAGUE... An attorney here in California, just passed away a few weeks ago. I believe he was in a wheelchair almost all his life. What did he do for a living?? Sue anyone he could find who was not following California Commercial Code and was violating ADA...He made a good living at it!! That was such a hard lesson to learn...But valuable. Was thinking of this video, knowing what you don't know...Your move chief.
What you did wasn't straddling the news man, you don't know what you are talking about. If you don't understand the difference you are truly beyond help, you remind me of Padutrader, you always think you know everything but you couldn't be more wrong. This thread is a joke. Again, enjoy losing your money once you try that actual straddle strategy with real money. You are as naive as a noob who never placed a real money trade before.
If I may ask, if you have made that much money in just 3.5 months, why not just keep doing what you were doing? Maybe you already told the reason in previous post, sorry if this is the case.
%% GOOD KEYS\ like real estate, too much leverage means handing keys back to bank. Higher the leverage , the easier it is to lose the keys to the bank. Cash works better even if markets chops\ + slops; + real estate is ruled by plenty of rules on paper, on purpose, especially with a REALTOR. BuyOne sell2 ,has done well swing trading ES\ but i see he never changed his nickname to buy 7 sell 100
Hello Overnight, I just noticed you posted this in ZG's thread. Weren't you saying in this thread that Paper trading is shite
Yes, paper trading is shit. I was warning that poster that if they go with NT7, they may encounter issues with NT7's sim trade engine. I did not assume that person would be trading only live. EVERYONE uses sim while they are live trading. EVERYONE. What are you trying to get out of me here, by dragging that post to this thread? Looking for some sort of fisticuffs?
Hmmm. Not sure if that resolves the conflict between your Posts here and in ZG's thread. So paper trading is OK for testing?