Recent content by rselitetrader

According to this site, the Fed is good: http://hidhist.wordpress.com/banksters/debunking-the-federal-reserve-conspiracy-theories-and-other-financial-myths/ But according to Bill Still in Money Masters, the Fed and the World Bank for the New World Order are the ultimate evils that seek to...

Please help me understand: According to yahoo: http://finance.yahoo.com/news/A-piecebypiece-guide-to-apf-3479716471.html?x=0 , there will be a ONE TIME ONLY audit of the Fed. Is this a joke? To me, this reform act only reveals the Sith apprentice, but the Sith Master (the Fed) is...

Any advantage to hedging long S&P with long VIX call as opposed to other means?

In addition to what others have said, consider the following: 1. Stop-loss does not cost money; buying put does. 2. Stop loss suffers from whipsaw; put does not; 3. Stop loss won't save you from potential huge gaps; put may. 4. Stop loss can be adjusted at little or no cost; not so for...

Thank you all for your informative replies. Some options spreads have limited profit potential and unlimited risk. If brokers allow people to place these spreads (e.g., short staddles and ratio verticals), then essentially the brokers give these clients "unlimited credits" and hope they would be...

I have been trading my IRA with IB, and selling naked options is forbidden in IRA accounts. I am thinking of opening a regular trading account, and I want to get the highest level of trading privileges. It seems to me that as long as people have enough funds to cover the margins, brokers...

Points well taken. Thank you demoship!

Some hedge funds keep their trades secret by have several brokers or clearing firms each of which only executing only part of the overall planned trades. Is there any merit to this game plan? I ask because I am thinking of doing the same thing when my account, with all hopes and luck and labor...

I honestly don't know how I posted it twice. Probably doing it half asleep around midnight :) You posted it twice for maximum effect!?:D (JK, sorry!)

Here is an example of a meltdown: at the beginning of Apr this year, I didn't think SPX was going to break above 1470. I placed a credit spread -1470C/+1480C with 20 contracts. To my amazement, the loss now is more than $24,000! What is worse, the loss is too rapid to take action because I have...

Here is an example of a meltdown: at the beginning of Apr this year, I didn't think SPX was going to break above 1470. I placed a credit spread -1470C/+1480C with 20 contracts. To my amazement, the loss now is more than $24,000! What is worse, the loss is too rapid to take action because I have...