2/24/13

What is a trading arcade and how can I find one

Comments (9)

2/24/13

No, stop, don't

Get busy living

2/24/13

UFOinsider:
No, stop, don't

I have to repeat this because I don't want people to think your question is worth answering.

The folks who run these sorts of establishments share that special circle of hell occupied by the proprietors bucket shops and boiler rooms.

"There are three ways to make a living in this business: be first, be smarter, or cheat."

2/24/13

smallmoneygrower:
What is a trading arcade and how can I find one

I have to repeat this because I dont want people to think my question has been answered
2/24/13

well hey I heard arcade and trading and I thought that sounds nice Didn't you spend weekends at arcades as a kids didn't I didn't thing they were associated with things similar to penny stocks pump and dumps etc. thats not good because that name makes me think yay swing trading drinking coffee and exchanging prostitute info and weed samples. I swing trade but Im still in college and thats what Im looking for a place where profit and fun intersect

2/24/13

smallmoneygrower:
well hey I heard arcade and trading and I thought that sounds nice Didn't you spend weekends at arcades as a kids didn't I didn't thing they were associated with things similar to penny stocks pump and dumps etc. thats not good because that name makes me think yay swing trading drinking coffee and exchanging prostitute info and weed samples. I swing trade but Im still in college and thats what Im looking for a place where profit and fun intersect

As a retail investor, you face innumerable structural disadvantages. Higher commissions, poor trade execution priority, network latency, trading equipment, data quality, data timeliness, information flow, and on and on. These disadvantages are amplified in proportion to the frequency of your trades. If you're considering trying, or already are day trading, you're throwing your money away.

"There are three ways to make a living in this business: be first, be smarter, or cheat."

2/24/13

Sandhurst:
smallmoneygrower:
well hey I heard arcade and trading and I thought that sounds nice Didn't you spend weekends at arcades as a kids didn't I didn't thing they were associated with things similar to penny stocks pump and dumps etc. thats not good because that name makes me think yay swing trading drinking coffee and exchanging prostitute info and weed samples. I swing trade but Im still in college and thats what Im looking for a place where profit and fun intersect

As a retail investor, you face innumerable structural disadvantages. Higher commissions, poor trade execution priority, network latency, trading equipment, data quality, data timeliness, information flow, and on and on. These disadvantages are amplified in proportion to the frequency of your trades. If you're considering trying, or already are day trading, you're throwing your money away.

I understand you stand on trading arcades but is this how you feel on the entire profession of day trading and I you do feel this way about day trading how do you feel about swing trading

2/24/13

smallmoneygrower:
Sandhurst:
smallmoneygrower:
well hey I heard arcade and trading and I thought that sounds nice Didn't you spend weekends at arcades as a kids didn't I didn't thing they were associated with things similar to penny stocks pump and dumps etc. thats not good because that name makes me think yay swing trading drinking coffee and exchanging prostitute info and weed samples. I swing trade but Im still in college and thats what Im looking for a place where profit and fun intersect

As a retail investor, you face innumerable structural disadvantages. Higher commissions, poor trade execution priority, network latency, trading equipment, data quality, data timeliness, information flow, and on and on. These disadvantages are amplified in proportion to the frequency of your trades. If you're considering trying, or already are day trading, you're throwing your money away.

I understand you stand on trading arcades but is this how you feel on the entire profession of day trading and I you do feel this way about day trading how do you feel about swing trading

I'm negative on day trading, period. I am specifically negative on Trading Arcades because they profit from the false hope of day traders.

"There are three ways to make a living in this business: be first, be smarter, or cheat."

2/24/13

well m ost people say day trading and swing trading are totally seperate forms of trading. I like swing trading and once my bankroll gets to 25k I will have to force myself to remember this exchange in dialogue because I do agree that day trading can eat a lot of money through excessive feeds. I intend to go from swing trading to going long 2-4 months once my bank is to large for swing trading but that wont happen until I reach millions ha I wish any way blah blah blah yada yada

2/25/13
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