First-rate Intelligence

Added on by C. Maoxian.

Sideline Sinology, by Peter Hessler

I was too old for this. By the summer of 2021, I had had enough of conversations, public or private, about my possible prejudices, fears, visa status, perceived espionage activities, understanding of Karl Marx, and supposed similarities with various apologists for various atrocities throughout modern history.

Interesting piece. I’m glad we got out of Chynar when we did (July 2015). We lived there during a golden age, in hindsight, before the rise of the New Authoritarianism, a.k.a., Mao With Money.

Stock du Jour -- SLRX

Added on by C. Maoxian.

This nano float thing dinged in RTH (regular trading hours) below $2 so I shorted it, then it went up 360% and I lost $111,470 (plus borrow fees), so I got angry and revenge re-shorted it with three times as much size, just like any pro trader would do, then I scared myself with my position size, which was truly stupid, and covered a lot of it so I wasn’t so uncomfortable, but of course it went straight down and I should have held onto all of it, but it’s one mistake after another when you’re trading on pure emotion, which is how every true pro trades. I ended up making half the loss back on my reasonably sized short from the $5s.

There were a lot of plays today, so I had enough other profitable trades for once to offset all of the mega loss (unlike yesterday where my mega loss in MIRA was NOT offset at all) and actually make money on the day. The whole point of blind shorting is taking advantage of the law of large numbers. If I had somehow avoided the SLRX squeeze, it would have been a big day, but I didn’t so it wasn’t.

There were 17 RTH dings for me today to short, and my buddies told me to start shorting cheapies, which I never do, but that would have been another five winners today if I had, so I’ll start shorting cheapies tomorrow and let you know how it goes.

How To Change the Email Address in Your Squarespace Contact Form

Added on by C. Maoxian.

First navigate to /config/pages then find your contact page in the left sidebar and click on it. When the page appears in the main window (to the right of the sidebar), hover over the contact form until EDIT appears at the top, then click on EDIT:

Next hover over the top left of the contact form itself until the word FORM appears, then click on the word FORM and a Pen and Trash can appear. Click on the Pen (Edit) and a pop-up will appear to the right of the form.

On the pop-up, there are three tabs: Content, Design, and Storage. Click on the the storage tab to find and change your email notification address:

Hope that helps!

Coding Jesus Explains Order Entry Exploit

Added on by C. Maoxian.

All about gaming the queue, as usual…

Message processing protocol which mitigates optimistic messaging behavior (from 2018)

Adding a one millisecond speed bump foils the cheaters…

Professor David Lariviere

David Lariviere Google Scholar

Pre-matching orders at wire rate in a central limit order book — creating a central limit order book ain’t rocket science. Too bad the US has a spaghetti bowl stock market like some banana republic…

Stock du Jour -- MIRA

Added on by C. Maoxian.

Closed at $0.69 on Friday which means 10 cent halt band hell today… woe to those who shorted the RTH (regular trading hours) ding, double trouble if you shorted the PM (pre-market) ding. 600% mover means no one spared. Hard not to get ZAPPed. Nasty loss.

Patty Boyle Says Pump And Dump Schemes Are Now Legal

Added on by C. Maoxian.

Patty Boyle is a funny guy: “The influencers had ripped jeans, tattoos, McLaren cars, those watches that online scammers always wear, and contrasting facial hair.”

Fraud on the Social Media Market, by Sue S. Guan

By ruling that the victim must have directly surrendered property to the fraudster, any investor who purchased stock in the stock markets on the basis of a fraudster’s misinformation cannot recover. This ignores longstanding tenets of economic theory and contradicts established securities law doctrine. Further, because the structural reality of today’s markets means that nearly every pump and dump using social media will involve investors purchasing stock on the stock market, the ruling would effectively immunize nearly all fraud perpetrated on social media.

SEC Charges Eight Social Media Influencers in $100 Million Stock Manipulation Scheme Promoted on Discord and Twitter, Washington D.C., Dec. 14, 2022

United States of America versus Edward Constantinescu, et al.

Thus, the scheme did not deprive investors of their money or property through any misrepresentation; the misrepresentations deprived them only of accurate information necessary to make discretionary economic decisions.

[Laughable ruling, Texas of course, geez….]

Edward Constantinescu, a.k.a., Eddie Cantaloupe

Extended Hours Trading Hours for the Top 25 Retail Stock Brokers

Added on by C. Maoxian.

Extended hours trading is available at Ally Invest. You may enter pre-market orders between 8:00 am – 9:30 am ET or post-market orders (also called after-hours orders) between 4:00 pm – 5:00 pm ET. On days when the market closes early, the extended hours trading session runs from 1:00 pm – 2:00 pm ET. You may enter limit orders only. An order placed during an extended hours trading session is only good for that session. If your order is not executed during a specific extended hours session, the order expires at the end of the session and does not roll into the next traditional or extended hours session. You may cancel an order that has not been executed before the close of an extended hours session. For settlement and clearing purposes, orders executed during an extended hours session are considered to have been executed during the day's traditional session. Please refer to the additional disclaimer for extended hours trading.

Currently, we support full extended hours:

Pre-market: 4:00am - 9:30am ET

After-hours: 4:00pm - 8:00pm ET

Pre-Market: Orders can be placed between 8:05 p.m. (previous trading day) and 9:25 a.m. ET and will be eligible for execution between 7:00 a.m. and 9:25 a.m. ET.

After Hours: Orders can be placed and are eligible for execution between 4:05 p.m. and 8:00 p.m. ET.

eToro offers some US assets for pre-market trading from 06:30 to 09:30 ET and after-market trading from 4:00 PM to 7:00 PM ET via a separate symbol ending in ‘.EXT’.  

Trading during Extended Hours Trading Sessions (including the Pre-Market Session (Monday through Friday 7:00 a.m. to 9:30 a.m. ET), the After-Market Session (Monday through Friday 4:00 p.m. to 8:00 p.m. ET), and the Extended Hours Overnight Session (Sunday through Thursday 8:00 p.m. to 7:00 a.m. for certain ETFs),

Orders for the premarket session can be placed from 7:00 a.m. to 9:28 a.m. ET. Short sale orders for the premarket are only permitted between 8:00 a.m. and 9:28 a.m. ET. Orders in the after-hours session can be placed from 4:00 p.m. to 8:00 p.m. ET. In the event that a market center becomes unavailable during an extended-hours session, Fidelity may submit orders to another eligible and available market center to maintain order flow. Thus, your order may be presented in any one of several market centers.

8 AM - 9:25 AM, 4:05 PM to 8 PM

Outside Regular Trading Hours -- IBKR LITE: 07:00 - 20:00, IBKR PRO 04:00 - 20:00

Not mentioned on website

Lightspeed’s trading hours of operation are 4 AM to 8 PM EST on weekdays only.

Pre-market and after-hours trading is available Monday through Friday on days when the market is open. Pre-market trading is available from 7:00 a.m. to 9:30 a.m. ET. After-hours trading is from 4:01 p.m. to 8:00 p.m. ET.

On any day, extended-hours trading may be unavailable, delayed, interrupted or terminated early without prior notice. Extended-hours trading is not available on days the market is closed, preceding a market holiday or if the market is closed due to an emergency. This service is not available for clients using a 10-digit User ID.

Outside of the regular trading hours of 9:30 am to 4:00 pm Eastern Time, investors have the option of making trades in the pre-market hours and the after-hours. The pre-market trades can be made between 4:00 am and 9:30 am Eastern Time, while the after-hours trading session runs from 4:00 pm to 8:00 pm Eastern Time

  • Morgan Stanley

Morgan Stanley bought E*TRADE, so see above….

Extended Hours Trading is available from 8:00 a.m. – 9:29:59 a.m. EST and 4:00:01 p.m. – 8:00 p.m. EST Monday through Friday, excluding market holidays.

Extended hours are 7 AM – 9:30 AM ET and 4–8 PM ET

Extended hours are from 9 AM – 9:30 AM and 4 PM – 8 PM ET Monday to Friday. Only limit orders can be placed during extended hours. Orders placed after 4 PM ET that and not filled by 8 PM ET will be canceled. Trading during extended hours involves greater risk including lower liquidity and greater volatility.

Not mentioned on website.

Currently, the tastytrade pre-market session opens at 8:00am ET and runs until 9:30am ET, while the post-market session (aka “after-hours session”) runs from 4:00pm ET to 8:00pm ET.

Charles Schwab bought TD Ameritrade, so see above…

The following sessions are available:

Regular Session Hours - 9:30 A.M. to 4:00 P.M. Eastern

Pre Market Hours - 8:00 A.M. to 9:30 A.M. Eastern

Post Market Hours - 4:00 P.M. to 8:00 P.M. Eastern

Equities trading on all exchanges, between 4:00 AM ET to 7:00 AM ET; $0.005 per share.

Equities trading less than $1.00, between 7:00 AM ET to 8:00 PM ET; $0.005 per share; minimum $0.99, maximum $7.95 charge per trade.*

  • Vanguard

Not mentioned on website.

4 AM ET - 8 PM ET

In addition to regular trading hours, trade eligible stocks and ETFs from 4:01 p.m. ET to 6:30 p.m. ET, Monday through Friday in an active, real-time, after-hours trading session on the Wells Fargo Mobile® app. Extended Hours Trading has unique risks and may not be appropriate for all investors. Review the Online Extended Hours Trading Risk Disclosures prior to trading after-hours.

Not mentioned on website.