Recent content by sbs17

As long as one assumes that a stock will always go up, it is not a zero sum game. When one buys at 10 and sells at 15, he/she has made 5 dollars profit, and the person holding the stock at 15 now is holding the equivalent of 15 dollars. It's when the stock is no longer perceived as the...

TJMXXX, I'm curious, because I don't think I can do it. How would you scalp 15 cents off of aapl everyday?

Anyone think the homebuilders are going to have a bit of a move up? from these lows? They appear to be breaking upwards... See bzh, kbh, dhi, etc...

PennyTrader: Thanks for the detailed reply. Looking at your approximate entries and exits really helps me learn the most from what you are doing. Sbs

PennyTrader: Thanks for the detailed reply. Looking at your approximate entries and exits really helps me learn the most from what you are doing. Sbs

PennyTrader: Did you enter AQNT and CPSL premarket?

Can someone from IB reply if there is a way to see one's own current bid price for stock while a relative order is live.... Thanks.

Well, changing the limit price seemed to work. Thanks for the help! Is there a way to view what I am currently bidding at without assuming? Can I view my current "live" bid?

Perhaps I'm missing something in filling in the appropriate fields. Here is what I have tried. I click on the ask to bring a buy. The type is set to REL. Limit Price is set to the current bid. Offset amount is set to .01. That is all I do. Then I click transmit. I never see anything...

Has anyone had any success using relative orders with IB? I have tried numerous times to use them and they seem to act like regular limit orders. I have tried contacting IB numerous times about this but no one seems to know how to use them.... They seem like a great idea, if only they would work.

By having half your portfolio on the short side aren't you putting yourself at a disadvantage since the markets tend to rise in price overall?

Has anyone ever tried hedging with really weak stocks, rather than using an index?

AAA - Those are all great ideas. Thanks for the info. I hope to take a look at the book you mentioned. RiskArb - I'm not THAT familiar with the options lingo so I fail to comprehend what you are saying, but thanks nonetheless. Gigollo - The market nuetral portfolio is one route to go...