Order88

A few key rhings to know before you start day trading:

1. If you decide to day trade blue chip stocks you will get crushed especially if day trading options. Every time you enter a position there is software that high frequency trading computers specifically target your trade, they know every detail: number of shares, where those shares are in the pool and that you are a retail trader with emotions. and will manipulate to profit whether you are long or short.

2. If you become interested in day trading low float stocks, do not, and I repeat do not follow that one trader on YT whom I won’t mention here. And by all means don’t throw your money away on expensive day trading courses. If you really want to watch the live trading session then try the 2 week intro which is much lower cost. But warning, you will get crushed following that trader.

3. If you day trade anytime after 10am EST you are trading against computers see tip number 1.

4. If you get into a trade and it’s losing cut your losses immediately. Do not hold hoping it will come back. This is the most difficult thing to do and will challenge you mentally forever and haunt you. There’s something called the 1:2 risk/reward rule and it’s the most difficult thing to achieve on the planet.

5. instead of trying to hit a 1:2 risk/reward do this instead, keep statistics on how long you are holding your winners versus your losses. You will find that you are holding your losers 3-5x longer than your winners. You have to reverse that. Cut your loses early or if you are smart you only hold a winning trade an average of 15-20 seconds. And only hold your losers 5 seconds. Once you achieve this then start holding your winners a bit longer 30 sec to a minute, but your loses hold for no more than 10 seconds. This is probably going to be your biggest challenge. There are traders that hold longer 30min or even a hour or more but you are at the mercy of computers andif you are long or short you are hoping the stock market is bullish or bearish. This can be profitable but timing the market can be inconsistent.

6. Trading momentum is one of the very few ways to become mediocre at day trading. Because you are trading against other day traders during a very small window of opportunity - trading is not a zero sum game. hopefully when you make a trade you are trading against real people rather than NPCs built to win. Keep in mind your losses mean someone or something is profiting. you have a better chance beating other people if you are smarter and have no emotion. Momentum gives you that best opportunity because it’s when retail traders are jumping in. momentum happens for two reasons. a catalyst - some news has been reported, or for no reason at all something has triggered a stock to go up or down aggressively usually at specific times the most popular and most volatile times are at: 4am, 7am, 9:30am, 4pm EST.

7. Unbeknown to a lot of people, stocks report news usually during premarket hours on the quarter hour for example 7am, 7:15am, 7:30am, 7:45am EST etc. with 7am EST being the time when a bulk of the financial news reports come out whether it’s from business wire PRNews, Benzinga etc.or from major news co. like Reuters. And if the pr news is excellent and Reuters reports it (double whammy), a low float stock can double in minutes. 7am EST is also a key time for when some brokers premarket hours open for trading, for example Charles Schwab opens pre-market trading at 7am EST so the flood gates open. This is where you make your money but only, if you are in and out quickly, can beat the other retail traders- see tip 5, and only if the news is the right kind of news - and that in itself is a mystery, why day traders pile in on a stock, I have yet to figure that out. news that worked great yesterday will not work tomorrow on a different stock with similar news.

I’m not a financial advisor I just know a lot of details about day trading and have the losses to prove it, and there is no question about it, if you day trade, you will lose money.

Good luck and like others have said if you do try it, start very small and only trade with what you can afford lose.

these coaches are stupid - how can you actually think you getting the ball back what a bunch of idiots.

They legit cannot run a 2 min offense this is awful display of an embarrassing team.

Complete idiots 2 plays and burned 60 seconds no hurry at all. Then they don’t call the TO with 30 seconds

It’s loud though, hopefully they can work through the noise.

…

This just in:

Iran’s Parliament votes to close the straits of Hormuz which makes up 20% of the World’s daily oil flows. The move will block $1 billion in revenue per day.

Welp.

ASICs like Antminer S19 XP Hyd, a Bitcoin mining device developed by Bitmain, at a cost $5k has a hash rate of 255 terrahashes per second (TH/s) by comparison the Antminer S1 which I actually own ran at 180 gigahashes/s, the S19 is 1000 times faster yet one these latest miners still takes over 3 years to mine one bitcoin blockchain with a reward of 3.12 bitcoins at todays reward market value approximately $300k if you had 1000 of these S19’s you could be making $300,000 every couple days. Now let me ask you if a quantum computer could be configured to run a computation million times faster than an S19 you literally could mine all the remaining bitcoin mining rewards in a matter of hours if not minutes. However Quantum computing is not yet adapted to cryptocurrency mining - Qubits, the fundamental units of quantum computation, are fragile and prone to errors due to quantum decoherence, making them unreliable for extended calculations like cryptocurrency mining. But this will be improved over time. Development could take a decade to create the equipment and algorithms necessary to mine bitcoin at blazing speeds resulting in centralized quantum mining rigs this would definitely collapse all miners and mining pools. It is definitely a concern and just a matter of time.

I asked Chat GPT and got the following results:

“The Brave" by James Burns

It did mention “The Terminal List” by Jack Carr being similar but you mentioned that already and another

“The Unquiet Earth" by David J. Schow
but without military themes

All stores should have your pay preference cc, ap, ca or whatever as soon as you pick up an item and put it in your cart it scans the item, once you leave the store your are charged and you are on your way.

Hey @theantiquetiger do you ever find vintage mechanical or even automatic wind wristwatches at garage sales ?