I was profitable in May but not nearly as good as April. I lost some of my consistency and started breaking too many rules. After 3 out of 4 losing days at the end of May I decided to go back to paper trading to get my skills back together. I need to work on my entries as I've been chasing a bit too much lately. Once I re-establish consistency I'll be back to real trading again.
I'm sure you've answered this before but I can't seem to find it. How do the borrows for shorting with CY Group compare to IB's? Better, worse, or about the same?
Borrows are very good for Cy because they are under Genesis Securities, which is self-clearing like IB. Sometimes Cy will have borrows that IB doesn't have, and vice versa....they compliment each other well. I was able to short GSAT today with Cy Group but there were no borrows with IB.
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James has a M.S. in Nutrition from University of Florida and a M.S. in Exercise Science from Washington State University. He has been published in prestigious scientific journals including the American Journal of Clinical Nutrition and the Journal of Applied Physiology. He is the editor for Journal of Pure Power, an online publication which delivers science-based information to athletes and coaches. He is also the former research associate for an obesity treatment program that treated over 400 patients per year, with an average weight loss of 40 pounds in 3 months. James is known for his no-B.S., evidence-based approach.
9 comments:
haha
'I saw it on a blog"
That's hilarious
http://www.sec.gov/litigation/litreleases/2009/lr21053.htm
Investors Live caught by the SEC for frontrunning stocks! Dont buy into investorsunderground chat room! they front run their stocks! theyre fake!
John, read the SEC release again. They're talking about InvestorsHub, not InvestorsLive or InvestorsUnderground.
according to reaper during tim's live chat, Nathan is InvertorsLive.
James,
Hope things are going well for you...haven't seen much activity on the blog. Hope that is a good omen.
I was profitable in May but not nearly as good as April. I lost some of my consistency and started breaking too many rules. After 3 out of 4 losing days at the end of May I decided to go back to paper trading to get my skills back together. I need to work on my entries as I've been chasing a bit too much lately. Once I re-establish consistency I'll be back to real trading again.
James,
I'm sure you've answered this before but I can't seem to find it. How do the borrows for shorting with CY Group compare to IB's? Better, worse, or about the same?
Thanks
Borrows are very good for Cy because they are under Genesis Securities, which is self-clearing like IB. Sometimes Cy will have borrows that IB doesn't have, and vice versa....they compliment each other well. I was able to short GSAT today with Cy Group but there were no borrows with IB.
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