Recent content by reversiontrader

I believe the call was for the TLT to be at 70 in three months ( from Jul call). Only off by about 25%. Seems like a bad call to me.

good point. basically if you only have 5k and you want to make a go of trading you really have no choice but to go prop. Regarding IB, I have not used them but IB is a great place to open an account.

Also...no platform or connection fees for LS. I think data feeds come to about $18/month.

If you are worried about locking up a 5k depsit (which most prop traders are not) then you need to open a retail trading account (which is FDIC insured). If you want prop leverage on your 5k you need to go to a prop shop where you do have a lock up period and no FDIC/SIPC insurance. A...

For any traders out there who always get the question, "what exactly is it that you do?" Send them this: http://www.xtranormal.com/watch/7107529/ LMAO:D

In the long run it's usually a good idea to go short when everyone on CNBC is bullish and load the boat when everyone is bearish. If market is up they are all bulls. If down they are all bears. they change their tune with every closing day the market has IMHO

May as well throw the .618 retracemennt (from top to bottom)in there as well for anyone following TA (just overhead but pretty much there). But as someone stated it's probably all horse shit. Market just wants to go higher

Requiring orders placed on any exchang to have to stay on the exchange for lets say... one second would help too (which is eternity for HFTs that have an unfair advantage). But lets face it. HFT is here to stay. When the most brilliant people in the room become the regulators you may be able...

Short Treasuries looking pretty good after FOMC announcement. what a move.

Happy Inflation Day. Love it . lol

QE2? Fiscal resonsibility? Worried about deflation? The Fed is trying to inflate asset prices!?!? What a joke. The assets they need to inflate to help economy is housing not the wealth's brokerage accounts. Let markets work the way they are suppose to, w/o rediculous gov't intervention...

of course the FED can go on printing $ forever which would make the holding period indefinitely greater. lol

TBT ( Ultra short 20+Year Treasuries) looking like a great buy here today to me. Currently 32.70. I am a buyer at the close around here or lower to start building a position and putting on a swing trade as well. Figure I'll wait til after the FOMC meeting and hopefully get better prices...

who are the "so many bidders" ?