Recent content by SDiegoTrader

Very funny guys. :) Why should we hire you?" You can make me an offer I can't refuse. That's what you want, isn't it? (if too low, tell him to take a hike! Then say I lied!) :D

No, straddle requires large volatility, like earning reports.

DHOHHI: "They do have expenses that need to be paid each and every month. And yes, they hope to make a profit as does any business venture." Good for you. You should support them with large volume trading to generate larger commissions. You must be certain everybody else don't know anything...

As I said, paying off the mgte depends on your ability to balance profitability vs liquidity. Those who pay off the mgte too soon when their income is falling (as they approach retiremt age) will find themselves facing liquidity problem. Hence, it's no surprise negative amortization mgte become...

"Using my example of being in the 25% tax bracket, instead of paying 5% on their mortgage, they are really only paying 3.75% due to the tax deduction. Since they cannot get a guaranteed 3.75% in a short term CD or government bond right now, I still believe that it makes sense to pay down their...

My background is in public accounting. Read all the posts above - some are correct and some are wrong depending on your financial condition. Basically, balancing between profitability and liquidity is the game. How these two variables are balance depends on your risk tolerance level. Don't pay...

It's not noise to me. It's like driving with the radio on. Do you listen to all the songs and commercial, or just hearing selectively. It works 4 me and like I said been profitable.

The guy can't decide between a bear call spread and a bear put spread so you answer doesn't really help. Like I said, if down trend expected (that means do technical or fundamental analysis), then choose Bear call/put spread strategy. So, it does help. He just need to be proactive in his...

Which spread should I open a position in? If up trend expected, do a Bull Put Spread or Bull Call Spread. If down trend expected, do a Bear Call Spread or Bear Put Spread. Please do not ask more. It's too much to explain all the Vertical Spreads strategies here, but use the above term to...

I had CNBC turn on all day, not to watch everything but what NOT to follow some of the things that is reported. To me, it's not the news but the reaction to the news that drive the market. With large audience, the herd mentality can be somewhat gauged. Using technical and fundamental analysis...

My background is in public accounting and financial fraud examination and detection b4 I became a active trader 4 years ago. Statistical research showed that about 90% of intraday trader failed miserably and the winners are the brokerage houses. Churning, a common practice encourage by many...

Most of your concerns are legit and rightly so. Only a few firms offer acceptable arrangement where there is mutual benefits. Practice buyer beware and if you gut feeling tells you so.. go with your gut feeling.

I inquired about JC trading. Their Reply: Required 250,000 shares traded per month. One of my stocks is GOOG, that's asking $125M per month (assume $500/share) of trading?!! Beware. Ridiculous? You bet. It appears large volume trading is encourage to generate commissions.

Your trading expenses are classified as investment expenses and deducted on Sch C but subject to limitation rule. (U are not treated as having trader status).

To check your Broker-dealer background for any security violations: http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/index.htm Please post if any relevant violations found pertaining to this post.