Recent content by joespo

On the Nasdaq calendar (http://www.nasdaq.com/markets/us-economic-calendar.aspx), it says: Chairman Speech Federal Reserve Chairman Ben Bernanke (FOMC Voting Member) delivers a recorded video to the Children's Defense Fund National Conference on the subject of early childhood education, in...

Why is volatility not increasing as much as it has in the past when there was a big (> -1%) down day?

Does anyone know of a broker in which I can hold a long and short position at the same time? My current broker automatically sells existing positions before going short, and vice-versa (even though this would double their commissions!). They told me to open another account with them so that I...

I need to know WHY something is happening before I create a trade to benefit out of it.

Love it :)

I noticed this as well. Can someone enlighten me as to why? Do we follow Europe's trend to start (as we should), but then say "screw 'em let's rally!" and try to breakeven by the end of the session?

It is sad... These student loan companies & the government are robbing us. I am in $100,000 debt from THREE years of college (graduated one year early). Thankfully I was able to find a job in the financial industry and am able to (barely) pay my loans each month. $50,000 has an average...

Right now I have a day-trading automated strategy with backtest results of 1/1/2008 - Today for ES: Only holding a maximum of 13 contracts at a time ($6,500 required)-- $120,000 net profit (1.75 Profit Factor) Max Daily Loss = ~$14,000 on some date in Q4 2008 Max Daily Gain = ~$11,000 a...

LOL! I am wondering the same thing! Either I'm stupid for not knowing this or stupid for blindly believing it until I saw this post!

I was about to start using NinjaTrader, but at the last minute I found out that it cannot be used to trade options. This is unacceptable. I would like to automatically buy/sell options based on VERY simple calculations and triggers. What is the best choice for an individual (not a large...