Hello ironchef, WOW, so if a course Seller scam and it is caught, he does not go to jail, he just get sued? I still see Ross Cameron on youtube talking about trading. I am surprised he is not in jail?
Interesting! A small-float markets can easily make a difference. Do you think the small-cap market will bounce back soon or is it more about waiting for the right conditions?
Day trading for a living is tough due to high risk, stress, and the need for constant market monitoring. Most traders struggle with consistent profits.
Hard to say.I mostly stick to larger cap names myself. Cameron prefers stocks with a float size under 10m that are hard to short. Short sellers are his archenemy,unless they're getting squeezed then he loves them.LOL. He never shorts.
Interesting! Seems that Cameron's got a love hate thing with short seller. Does he ever tempted to join dark side?
There is no such thing as an "edge" in trading. Anything you know, the market knows before you. That's also an entirely false statement because you don't have to close your swing trade so you don't realize a loss like you do day trading. "Paper losses are no more losses than paper gains are gains." Unknown trader
That may be the case, but the market is still slow enough at pricing things in. Even in this era of fully electronic trading.
I'll bet that unknown trader was underwater trying to rationalize why he let the trade get away from him. "Losers average losers" Known trader Paul Tudor Jones
I think the trick is to go in big when the markets are in favor for your strategy and reduce your position size a lot when to stay out when markets are not favorable. There are always times which are excellent for certain strategies and again the time will come that you should better stop trading. So the trick for me is to loose not a lot when markets are not in favor, just to keep most of your profits when markets are good for your strat. Of course it is easier said than done but over time you can get some intuition when you trade but you need to watch/observe every trading day what is going on.