Recent content by dumguy45

no you want to do the opposite. Fish when the fish are biting. volatility is attractive, so bet more when vol is high.

i think you guys are missing the point. hedging with the spy's may occur when one's net is at 0. The attempt is not to lock in 0 profits. The hedge is to try to take away market risk. Hopefully all the stocks come back to fair value like a rubber band. you want that rubber band to snap...

I hedge based on ATR and i never hedge 100%. Over the last couple months i would have been far better off not taking a hedge. I know this is just luck but when I'm hit with more short shares and the market goes down and somehow i lose money that day....I'm pissed. Currently I'm trying to...

I've been trading the opening for awhile and am diligent in removing news and other stocks in the same sector if I feel the news is important enough...earnings..upgrades etc...... Oddly i've been tracking over the earning season and I have found if i don't remove any stocks due to news I...

Just get your old boss to give you a letter stating the date you left. I can't see how it would be tax fraud as certainly the company is declaring that income rather than you. I don't know about Revenue Canada but this would likely satisfy the IRS. If it ever went into a forensic audit...

Most prop firms use what is called an omnibus account. It basically collects all the accounts together to get to the exchange and they use the one account for reduced fees, margin etc. As long as the firm isn't breaking any rules the Sec doesn't really care.

Most prop firms use what is called an omnibus account. It basically collects all the accounts together to get to the exchange and they use the one account for reduced fees, margin etc. As long as the firm isn't breaking any rules the Sec doesn't really care.