We have 33 million unemployed and 15 million new days traders in last 2 months

Discussion in 'Trading' started by hafez50, May 7, 2020.

  1. ZBZB

    ZBZB

    IB stock has gone from 80 to 40 in the last year and seems to be heading for new lows after the crude fiasco was upgraded to $104m. New accounts are growing by 5% a month though.
     
    #31     May 13, 2020
  2. bh_prop

    bh_prop

    $0 commissions

     
    #32     May 13, 2020
    wrbtrader likes this.
  3. wrbtrader

    wrbtrader

    I didn't think about that...attracting record numbers of traders via $0 commissions or other freebies.

    wrbtrader
     
    #33     May 13, 2020
  4. Ivano

    Ivano

    underpriced?
     
    #34     May 13, 2020
  5. ZBZB

    ZBZB

    Paul Tudor Jones argues you want to own the fastest horse in this pdf.
     
    #35     May 13, 2020
  6. southall

    southall

    For to every one who has will more be given, and he will have abundance; but from him who has not, even what he has will be taken away.

    — Matthew 25:29, RSV.

    :(


    Actually the Matthew effect doesnt apply to highly leveraged trading. Even if you start out with $10 million, you could still easily lose it all.
     
    Last edited: May 13, 2020
    #36     May 13, 2020
  7. m1nt

    m1nt

    It's 1999 all over again.. I agree with Paul Tudor Jones on many fronts.
     
    #37     May 13, 2020
  8. A chip and a chair!
     
    #38     May 13, 2020
  9. S2007S

    S2007S

    Over 36,000,000 now unemployed!!!!!! Biggest in US HISTORY!!!!!!

    And fools think we have seen the market lows for good hahahahahahahahahah




    The total 2.981 million new claims for unemployment insurance brought the coronavirus crisis total to nearly 36.5 million, by far the biggest loss in U.S. history. Last week’s count was revised up by 7,000 to 3.176 million.
     
    #39     May 14, 2020