InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,459.10
(
1.11%
)
US TECH 100
18,629.60
(
0.60%
)
Dow Jones
40,589.34
(
1.64%
)
Brent Oil
79.90
(
-0.84%
)
Bitcoin
69,616.67
(
2.68%
)
Post# of 346918
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

FinancialAdvisor

Send PM Follow Ignore
Followers 148
Posts 34814
Boards Moderated 3
Alias Born 06/16/2004

FinancialAdvisor

Re: z4lover post# 120521

Wednesday, 06/24/2009 12:10:36 AM

Wednesday, June 24, 2009 12:10:36 AM

Post# of 346918
The easy answer is cash.

So you are a trader who is able to short 5 million shares at an average price of .153 and cover today at an average price of .147 today, how much money did the trader just make not counting commissions?

Even for your average daytrader, 3.9%/day keeps the lights on and food on the table, as well as an enjoyable weekend getaway.

Think about where most of the money was made today and it's easy to understand and pick out which market makers are making money, as well as which market makers work for the company and insiders.


HI-HO SILVER !!!

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up