I had 3 trades ready to go but I ended up not buying any because I missed the bottoms or close to them. You done good w/your dtrading. I don't risk much when I day trade and haven't traded for about a year now. I had over a 100K margin they gave me when I was day trading but I see that they have dropped it down to about 60K, probably because I haven't traded for so long. I don't buy on margin anyway.
3:30 Ramp, LLC
Scottrade doesn't have that one. I was going to short it if they did lol. I don't think they have LLC's on any exchange, maybe OTC?
Thursday, October 16, 2014 |
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Markets | yesterday | today | ||||
metals | Continued rebound; gold $1,240.20 from $1227.60, silver $17.43 | Futures @ 2 hrs. before opening -0.96% | ||||
(let me know if you want on or off | stocks | BOING! Recouping most of the losses but majore indexes still dropped in enormous trade volume. Russel 2K up 1% | Futuress -1.04% |
Busy day today:
8:30 AM Initial Claims
8:30 AM Continuing Claims
9:15 AM Industrial Production
9:15 AM Capacity Utilization
10:00 AM Philadelphia Fed
10:00 AM NAHB Housing Market Index
10:30 AM Natural Gas Inventories
11:00 AM Crude Inventories
2:00 PM Treasury Budget
4:00 PM Net Long-Term TIC Flow
World economy gives investors growth scare as they look to U.S. The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear it's running out of engines. Japan and the euro area are throwing up fresh signs of weakness by the day and emerging markets such as China are dragging instead of driving growth.
Assuming you aren’t joking (I’m really tired so I might have missed it) but the joke in the trading community (I’m not a trader) is that there is a concerted effort to ramp the markets at 3:30 pm. Go back and look at some charts and watch the gains the last half hour of trading. Pretty uncanny.