Recent content by mickmak

Before you start complaining, learn about the market order/limit order and how they work. I can't believe this is even posted with such conviction against TOS (or any systems for that matter).

This is idiotic. By your logic, so should everyone's pay. Have you or anyone you know talked to their boss and said give me a pay cut? This is why inflation is critical to growth. It allow our little capital market to keep rolling in a pyramid scheme. More debt... roll the debt...

If it is ($400) total P&L.... that's a cheap lesson. Don't try to roll any of this to next month. Maybe next time, sell the condor! hahaha.

I am a bit confused to why you have a $400 exposure currently. Did you long the condor or short? I assume you are at the long end of it (you are hoping it range bound even post earnings..... let's ignore the logic behind this). So the short put is at 155, and long put is at 150. Ignore the...

Thanks all.

This sounds like a transformational change. Great work.

Hello all, I am trying to find tradable foreign ETF or ETNs that track volatility indices. For example, we have VXX and etc in the US market. Does anyone know any tradable foreign volatility ETF/ETNs? Thanks Mick

Hello all, I would like to understand how the mechanics of cancel/corrections can be used for market manipulation or market abuse. This is a broad topic and can cover various asset classes, so any insight would helpful. My understanding (or example I can think of) is if a client submits an...

Why don't you trade just under 500k a clip? and click a few more mouse clicks.

You buy limit order (assuming FOK) will execute a buy at 10.00. Assuming there is no iceburg orders sitting across 10-10.05, and your x300 will sweep the market at 10.00, possibly higher handles as well. MM may increase the spread by not submitting a lower priced sell order - which puts your...

Advantage: if you avoid both sessions, you won't lose money 100% of the time. Disadvantage: if you hit either sessions, you will lose money 90% of the time. ha.. sorry to be a smart @ss about it. Here is what I think - Morning session - more predictable news/numbers timings...

For all of you who thinks banks stock will go down because of this, you are missing the whole point. This is actually good news for the banks. Yes, risk taking will be limited. But the message from the Cyprus deal is that whatever the pain, banks will be kept afloat - even to the extremes of...

Yes!!! You can hit 1million winning trades in a row by using the proven, effective strategy called martingale. ;-)