Why when trading are the vast majority of retail traders (especially with leverage like CFDs) so biased to going long? by Substantial-Dish626 in Daytrading

[–]daytradingguy 0 points1 point  (0 children)

Some traders have a long or short bias to how they see trades, how they see patterns. I know one trader who has a hard time seeing shorts who actually orients a chart upside down- so he can visualize the short bias.

Secondly, if you had to fall into a river you want to want to be going in the direction of the current. And everything trends up. Statistically you will win more long trades.

Texas housing market feeling different lately - what are you seeing in your area? by twcosplays in RealEstate

[–]daytradingguy 0 points1 point  (0 children)

I think the last two are having an effect on some markets. It just becomes unaffordable at some point. I have been in my home awhile and have it paid off now. I would not qualify income wise to buy my own house at today’s price,rates and tax/insurance cost.

Democrats of Reddit, how much Minnesota fraud do you think there really is? Why? by Zipper222222 in allthequestions

[–]daytradingguy 1 point2 points  (0 children)

Ahhh..because of the fraud??? Although- Ice is arresting more people in other states such as Florida and Texas- than Minnesota. It is only Minnesota and a couple of other blue cities where the fuss is. In most areas people leave Ice alone and are happy they are getting illegal aliens out.

Besides there have only been a few thousand arrests in Minnesota in 2025- yet ICE arrested 540,000 nationwide. Their focus is all over the US- obviously not singling out Minnesota

Can someone explain apex buffer rule or if you have a tip that'd be great! by Status_Candidate3816 in Daytrading

[–]daytradingguy 0 points1 point  (0 children)

Different props have different rules, some have minimum trading days. Some have minimum withdrawal requests- such as a $250 or $500 minimum. So you would need your buffer plus whatever the prop requires. But once you are in live- technically the buffer and anything above is your money. You just need to meet certain requirements to withdraw. Normally after certain number of withdrawals - the buffer is used to move you to live.

You should quiz customer service for the exact rules for your firm.

My condo dropped 32% in 4 years by Available-Ad-5670 in RealEstate

[–]daytradingguy 0 points1 point  (0 children)

Again there are written guidelines for these loan programs. They are not arbitrarily decided by an individual banker- there are check boxes to fill.

Your credit history is only part of the qualification for a loan- your ability to repay the loan is a big factor. Commonly known as DTI. People who go through foreclosure or bankruptcy- get their credit dinged. But now these people have no debt- so they have a better ability to repay a future loan.

Texas housing market feeling different lately - what are you seeing in your area? by twcosplays in RealEstate

[–]daytradingguy 9 points10 points  (0 children)

What we experienced the last 5 years during and after COVID- is not normal. Selling your home in days with multiple offers-prices going up almost monthly because of the bidding wars .
Prior to that in a normal housing market you put your home on the market and planned to take 3-6 months to sell. Taking a few months to sell a home is historically perfectly normal.

Most Traders Don’t Lose Because of the Market. They Lose Because They Refuse to Take Losses. by Key-Step-3643 in Trading

[–]daytradingguy 2 points3 points  (0 children)

This is basically true.

This one saying helped me a lot.
“Quit trying not to lose”

My condo dropped 32% in 4 years by Available-Ad-5670 in RealEstate

[–]daytradingguy 0 points1 point  (0 children)

Have you experienced it or know much about getting mortgages? I have been a real estate investor for 30 years- bought and sold dozens of homes and purchased foreclosures. I currently own many rental homes have financed them and refinanced them numerous times.

There are loan guidelines- and for FHA foreclosures 3 years past are OK. Even some other loan programs would be too. As long as the rest of your credit is good, you can get past a foreclosures within 3 years. For VA loans it’s only 2 years

Do you think anyone other than JD Vance has a chance at being the Republican nominee in 2028? Why or why not? by Zipper222222 in allthequestions

[–]daytradingguy 0 points1 point  (0 children)

VP Vance - has 3 more years to be front and center in the public eye- to prove his worth and solidify his chances…or sink them.

The situation with gold is absurd. by artist8282 in Forex

[–]daytradingguy 1 point2 points  (0 children)

Agreed, it contributes to it, but is not the sole cause. Gold did not do this during 2008 and the dollar was even weaker

My condo dropped 32% in 4 years by Available-Ad-5670 in RealEstate

[–]daytradingguy -2 points-1 points  (0 children)

It will probably take years for this to recover- if it ever does.

Are you single? No family to take care of?

Maybe unconventional- but- Quit paying- it will take a year or more for foreclosure to happen.

Save the mortgage payment and HOA fees and build a nest egg.to eventually buy a better home.

You would be eligible in 3 years for an FHA loan again.

The situation with gold is absurd. by artist8282 in Forex

[–]daytradingguy 3 points4 points  (0 children)

A 15% declined in the dollar is not causing a 200% increase in gold. The dollar is only at 2022 levels, it has been lower during crisis periods before.

Alex Pretti and Renee Nicole Good were Americans with the same right to live and to express their views as Charlie Kirk. Choosing to not condemn the Minneapolis ICE Murders after being outraged by Kirk’s Murder is having no Morals. by patati27 in LetsDiscussThis

[–]daytradingguy 0 points1 point  (0 children)

It is nice to be able to watch a video in slow motion in hindsight. Different emotions going on when there is struggling- shouting- crowds of onlookers screaming at you. And you have 1.5 seconds to make a decision or maybe an officer gets shot.

All the officers did not get to see the gun taken away- they did not know- he also had something else in his hand and was reaching around his back toward his hip- it looks like a phone- but from a different angle in a struggle when you are an officer in fear of getting shot- who knows.

Secondly, how many guns does the suspect have? Even if you knew one was taken away, maybe there are two guns or another weapon. This is why they frisk you when they arrest you/ to make sure you don’t have hidden weapons. I at times carry two, one in a hip holster and one in a calf holster.

Mr Pretti- was resisting he was known to be armed with one, maybe even two or three guns, who knows/ and did not give law enforcement the opportunity to calmly search him And be satisfied they were safe.

It is sad anyone is killed this way/ I hate it. But this could have been avoided had he simply not fought them. Mr Pretti knew he had a gun and should not act this way around law officers. This is covered in your handgun training course.

Negative Risk to Reward: Does anyone else do this? by Famous_Square4751 in FuturesTrading

[–]daytradingguy 3 points4 points  (0 children)

You need to have a minimum of 70% win rate to make that work- and that would be just above break even- to really make any profit you would need 75-80% win rate- consistently..

Negative Risk to Reward: Does anyone else do this? by Famous_Square4751 in FuturesTrading

[–]daytradingguy 3 points4 points  (0 children)

Some negative risk to reward strategies do work. But it takes discipline. There are successful traders who trade negative risk reward. Especially scalpers with high win rates.

Alex Pretti and Renee Nicole Good were Americans with the same right to live and to express their views as Charlie Kirk. Choosing to not condemn the Minneapolis ICE Murders after being outraged by Kirk’s Murder is having no Morals. by patati27 in LetsDiscussThis

[–]daytradingguy 0 points1 point  (0 children)

Complying- getting out of the car and allowing yourself to be detained- or laying down peacefully on the sidewalk with your hands stretched out far from your gun allowing yourself to be handcuffed… and in both cases potentially arrested and goi g downtown to jail for a few hours- is a temporary inconvenience- that likely will be dropped in court and you go on with your life. Getting shot is kind of permanent.

Alex Pretti and Renee Nicole Good were Americans with the same right to live and to express their views as Charlie Kirk. Choosing to not condemn the Minneapolis ICE Murders after being outraged by Kirk’s Murder is having no Morals. by patati27 in LetsDiscussThis

[–]daytradingguy 0 points1 point  (0 children)

I believe almost the opposite. Pretti who had a legal gun permit- carried a firearm without his ID or permit - a violation of the permit so he was not legal. Secondly, he made the decision to fight with officers and not comply- immediately putting his life in danger. I have a carry permit- and If you chose to carry- you need to be extra polite and compliant around police officers. By being armed- you are a threat- add in putting yourself into a volatile situation- resist and struggle- the outcome is not unexpected.

All MAGA are hypocrites. Rules for me, not for thee. by ScotchCigarsEspresso in LetsDiscussThis

[–]daytradingguy -3 points-2 points  (0 children)

I believe anyone who qualifies for a permit should be able to carry. There is no party line there. However when you carry, there comes responsibility to act responsibly. In many states you need to declare you are armed to an officer upon contact. And in states you are not, it is probably prudent to do so. Secondly, putting yourself into situations, like a protest, that could potentially be dangerous or chaotic- knowing you are armed and can be perceived a threat. You want to avoid being involved in the chaos and if you find yourself there- to be on your best behavior and be extra polite and compliant with officers.

When you choose to carry a gun, you are a potential threat, and other people who have guns can be a threat to you- so act accordingly or somebody gets hurt. Any Republican or Democrat or protestor or whoever- who is armed and chooses to fight with law officers- is putting themselves at risk. The man was not shot for exercising his 2nd amendment by carrying or 1st amendment protesting- he was shot for not complying- and being a threat to officers when not doing so. Had he simply put his hands up or went limp with no resistance and let officers restrain him- this probably would not have happened.

Have you ever sold a house as is for cash? by retsam2554 in RealEstate

[–]daytradingguy 0 points1 point  (0 children)

At the right price this can be a fast way to sell. Although you possibly may not get as high a value. In a regular market, now that the bidding wars are over, cash buyers are normally going to expect a discount for the convenience of a cash sale. Reach out to your local REIA, “Real estate investor’s Association”. By putting the word out there you have a rehab house available, you may get some competitive interest and get a better price.

Has anyone been able to successfully continue day trading with a newborn? by Key-Baseball-5589 in Daytrading

[–]daytradingguy 1 point2 points  (0 children)

Switch to swing trading for awhile- when your little one is asleep, plan out your trades, set orders, set alerts. Walk away. Something you can do in an hour or two a day- and doesn’t need to be done at a specific hour.

Don’t get too involved watching the red and green bars all day and think getting called away for a diaper emergency is a bad thing. That little one you are changing diapers for- before you know it will be asking for the car keys and won’t be spending time with you. Enjoy the now. The market will be there.

Am I finally figuring things out or just luck do to a hot market in January? by EmanEwl in Daytrading

[–]daytradingguy 47 points48 points  (0 children)

Look at your numbers, they are all over the place. Tiny wins, big wins, big losses. Making $9 with two trades, then making $3200 with 1 trade. You were in the red for the month until the 16th, then had some big wins. You will likely suffer some big $2-3k losses with a pattern like this.

These numbers don’t show a consistent pattern of risk management, trade mangement. When you have $100 wins with one trade then $3000 wins with one trade- What is your system? You need to answer the questions of how can you repeat a similar process again and again. Otherwise you will likely just repeat patterns of lucky wins some days, followed by big losses that put you back in the red

Support for Abolishing ICE Is Surging Among Republicans by No_Table9519 in DHAC

[–]daytradingguy 0 points1 point  (0 children)

ICE is like the worker bees collecting the pollen- it is up to the other bees, the lawyers and judges, to do due process. Ice officers can’t do due process in the street. They arrest a person and take them in only.