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Showing posts from August, 2017

Why Investors Underground?

So I've been getting some interesting DMs the past day or two, in reference to me joining the Investors Underground team. These individuals largely know me as an "independent" since my inception - I've never attached my name to anyone, so why am I doing so now with IU? Lets clear a few things up.

For starters, I will NEVER stop producing free content for the trading community. Ever. You can hold me to that, it's a promise. My IU Watchlists and Blogs will always be free content available to everyone.
If you've been following me for a while and keeping up with my journey via the blog, then you know I am many things. However one thing I am not, is a bullshitter. I don't sugarcoat anything, I don't tell you anything I don't actually believe, and I don't tell you trading is easy, is a matter of fact I go as far as saying it's downright one of the most difficult things you could possibly try to do for a career. Point being everything I say is wi…

Responses To Trader Q&A

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Hey guys. Thank you to everyone who submitted a question on Twitter. I'm going to go through them all here and touch on each one briefly. Lets get right into it.

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First off regarding screens, a few months back I bought one of these and it was the best decision I've ever made, the thing is just absolutely fantastic. Highly recommend if you've got a bunch of smaller monitors cluttering your desk, this replaces 4-6 of them. Buy two of these and you're completely set. I run 8 separate virtual screens on just one of these Dell monitors, and I've got a few different things up. I have DAS and Sterling up which take up about 50% of it. I watch 8 charts at a time, more than that I find to be a distraction. I use DAS for executions & charting, and Sterling through another account just for executions. Sterling charts suck. So 50% is taken up by 8 charts & montages, the rest is separated. …

Follow up to Margin Post: SNAP Short Trade

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So today I did exactly what I told you not to do.I went full-on, balls deep, max margin on one name - nothing but SNAP, SNAP and more SNAP short for me. Let me explain why I did it. 
Disclaimer: Again here I'm not talking to the beginner trader anymore. This is just me talking about my style now, so please read it in that context. 
Why size? 
First of all, the liquidity was there to do this today. Don't go randomly taking 20-30-40K ss of some smallcap low float stock where 100 share prints are moving the bid & offer. That's an absolute nightmare. For SNAP today though, you could take whatever you wanted and get in and out very easily, so it worked in that sense.

I'm glad this happened today, because it was perfect timing to build on that entire blog post I just wrote last week on how to use margin. Let me just say this is not a normal trade for me. I don't do this on a daily basis (have 0 BP constantly) However, I do 100% identify as an aggressive trader. I'm…