Recent content by lightrader

Hello, if I trade through a prop firm by using my own money (that is, the prop firm only gives me access to its platforms but I trade my own capital) is my money that I deposit in the prop firm's account insured by SIPC or any other protection so that if the prop firm goes bunkrupt I don't lose...

Thanks for the response. If you or someone else here have any links to materials from which I can learn more about successful gaps trading I will appreciate if you can post them. Also, I will be happy to see any reliable data as to REAL returns acheived through a period of a few years by...

Hi , I recently read in the web a few stories of people that claim to make a lot of money in gap day trading strategies (about 1-2% per day on average, net of commissions and losing trades). This sounds to me as too good to be true and I'm not sure as to the reliability of such stories. I...

Hi , I recently read in the web a few stories of people that claim to make a lot of money in gap day trading strategies (about 1-2% per day on average, net of commissions and losing trades). This sounds to me as too good to be true and I'm not sure as to the reliability of such stories. I...

Thanks. I am familiar with eToro, but I remember that there is other large service which allows traders to publish their trades and earn income and I don't remeber its name (I think there is "2" in the name of the website). Also, eToro focuses on futures, forex and CFD and I am searching for a...

Hello, can you please provide links to reliable and large websites which show real performance and activity of individual traders, so that other people can request to see the ongoing activity of other traders as well as show their activity to other traders? I know there are a few such large...

Great explanation. Now I understand. Is the futures alternative preferable to the IB's loan since there are not financing costs involved? Or the financing costs will anyway be refletced in the futures price so these two alternatives are basically identical?

Thanks again for your willingness to assist. Much appreciated. I'm sorry but I don't understand why the IB loan is equivalent to being short GBP/USD. In the example that I gave, if I have $100 as collateral and I buy stock at £65.3 by using a loan (so that the $ covers the full £ amount at...

Let's assume that such gap risk is there and also that I want to buy the stock for the long-term and cannot adjust and monitor the hedge constantly (also it may be argued that these "adjustments" are actually closing the hedge at a loss, so it will not prevent a loss on the hedged position). In...

Following my previous comment, here is an example: I take USD100 and convert it to GBP at exchange rate of 1.53, so that I have GBP65.3 with which I buy a stock, and I also sell GBP/USD futures (for simplicity let's assume that the futures size covers exactly the GBP amount with which I...

Can you please elaborate on the adjustment issue? I really can't understand how you can separate the FX risk in this way when the stock collapses and the GBP/USD goes substantially up. In such situation I'm fine with losing on the stock itself but not with losing on the FX hedge in addition to...