Recent content by PurpleOne

Thanks Teycir! I am going to read that now. Thanks for being down to earth and not beating up on me , I appreciate it.

Thanks Maverickz! Appreciate your taking time to explain that. As for delta question I was under assumption when picking hedging calls or puts in a spread they should offset the short deltas . So if I was -50 opposing side should equal + 50. if so as delta changes as underlying does should I...

Thanks for input from everybody on thread I'm learning a lot and it is helping me out from a mental perspective as well. Trying to immerse myself in learning as much as I can before and if I decide to start trading again. A couple of questions. Is there any exact position size when selling...

Was trading equity options and a bit of index options as well. My main issue looking back was over leverage and not being astute position size relative to account size. When my short strike was hit I would close but the size was large enough to produce sizable damage to account; then roll to...

Thanks for input guys. I think my biggest problem was getting PM account and not respecting it's power. Was making money for over year selling spreads with relative ease and feel like I became somewhat intoxicated in hindsight. Going to take advice and stop trading now have to figure what...

Yeah thanks for input I guess your right. I am better off calling it quits.

Hi all wanted to post and see if I can garner any advice from traders with more experience and skill than myself. I'm really in a bad state of mind and feel hopeless. I was trading credit spreads for last few years with relative success. In the last four months I've taken account from about 300k...

Good evening all, would appreciate information on the leverage advantage one would have with regards to portfolio versus span at IB. From speaking to rep at IB they have their own program when monitoring risk, and span is set by the exchange. Is there any way to compare in regards to figuring...