Recent content by redzuk

They took on counterparty risk. SIPC is only going to cover cash, stocks and bonds at IB, right? Its the exchange that covers the counterparty risk of derivative trades. I've read your posts, i know you know this better than i do. Trade otc at your own risk. In hindsight we know the...

Most of the production gets sold as jewlery, much of it to asia, food is a big % of a typical asian's income. Grain prices get high enough that there is nothing left for gold. Combine with less fear about the overall economy could be ugly for gold. Just an idea

here is two years

I thought this simple strategy went well beyond the ORB trade. In fact my post had nothing to do with the initial ORB trade. But you're right when you try to choose between reversal, breakout or retracement it can get very complicated. One trade, possibly one reversal and thats it, done for...

On the chart I posted the first red line marks what I considered the opening range break. The rest of them marked what I considered important REACTION HIGHS and REACTION LOWS. It basically shows prior support and resistance, right? You draw horizontal lines off of RH and RL. If you want to...

You're confusing me now. for high: Price makes Higher High than previous two bars. The HH is where it failed moving that direction (pivot). And price makes a LL, failing to make another HH for atleast two following price bars.

pivot- recent high/low where price reversed.

David Nassar is on the local radio every Monday. I think you can hear him until 12:00 eastern. http://www.thezone760.com/listen/live.html

You have to reverse the opposite of what you would have done with the exit not the entry. :) You reversed the risk/reward of the original setup by reversing the entry. If you really want to use yourself as contrary indicator don't mess with the entry. Reverse r/r, and use an emotion based...

yes

http://options2.registeredrep.com/myths/ Where did the 90% number ever come from?

Have you determined the sold put is overpriced, or are you looking for support around the sold put? Or both?

“Right now a dealer in options is limited to someone who is a market-maker or specialist with an exchange—which means you must have signed up to affirmatively make a market in the option,” says Pomierski. The rules for who’s a dealer in stock futures are still being developed. When the...

If you trade every day and add liquidity once in a while, are you a dealer? Has anyone seen an official definition of "dealer" for IRS purposes? http://fenews.com/fen28/ssf_feature.html#heartoftaxes