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re: Do brokerage firms have access to data showing the best day traders?

Posted on 8/1/20 at 4:19 pm to
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 8/1/20 at 4:19 pm to
I'm not saying we are or we aren't but surely you've seen that the market is priced for perfection while reality is kind of a shite show. This is a sign in value investing.

I am a believer that were seeing unprecedented market interference so as long as that's there you don't have the fallout from reality yet. Fed keeps printing and government supplying checks were probably ok.
Posted by jangalang
Member since Dec 2014
36722 posts
Posted on 8/1/20 at 7:15 pm to
quote:

I'm not saying we are or we aren't but surely you've seen that the market is priced for perfection while reality is kind of a shite show.

The market has been heavily insulated from the economy. That is for sure.

I don’t understand what you mean specifically by value investing, but I agree we are in very much a bull market which is another reason why I don’t think you can fail at daytrading right now. If money and PDT rules were no issue I could easily make a quick 3 candle stick scalp on at least a handful of movers each day. In August the stock market will probably dry up but I’m sure SPACs will dominate the talk again.
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