Recent content by sempergumby

What about brokerage accounts? For instance, I have money at Interactive Brokers in excess of 200k, should I be worried at all?

I use the QID for a few of reasons. 1) Its simple. 2) Its liquid - you can buy or sell it at any time. 3) Its an inverse ETF, so you can use it in an IRA. Again, there are probably more sophicated means for achieving a hedge, but this is the one I employ. If anyone else can suggest a...

After speaking with several people and garnering alot of feedback, I decided upon a relatively simple hedging formula which isn't perfect, but has worked pretty well for me over the past several months. Simply put, I keep a QID hedge on at all times that's worth rough 1/3 the value of my...

I'm long this stock, too. What happens now?

Thank you, Bitstream. It would appear from the general tone of everyone's responses here, perhaps I would be best off taking your advice and looking into the QID.

Thank you all for your advice and thank you Delta (in particular) for your pictured walkthrough. My thinking behind wanting to hedge my long side bet here is that I don't pretend to know where the market (in general) is headed, however I do feel that the companies in my long-only portfolio...

Hi Guys, I need advice. I have a long-only portfolio and I'm feeling a little uneasy about the markets for the near term future. I'd like to use QQQQ puts as a hedge but I don't have much experience doing this. Assuming a 100k long-only portfolio (much of which is devoted to tech), how...

Well, we got our first gap fill, which went down to 40.75 (3 points lower than my target 40.78), before it bounced. The second one still remains, but that probably won't happen until we bounce Santa-style. Look for a lower high on the bounce. Then, back down we go, to 39.50, before we...

Two open gaps to fill. One at 40.78 and another at 39.46. I'm thinking the first gets filled by Thursday and then we get a modest pop that makes a lower high on the chart and relieves the short-term oversold condition. Then the new year starts with a drop to fill the second gap before resuming...

Anybody lived in Hillsborough county at all? How's the real estate market there?

How are the school system in and around Hillsbourough? That makes a big difference in the house pricing...

So your win ratio is 80%, but you're still not confident enough to actually trade? Must be because you haven't had the system all that long. Gotta tell ya' though, I'm sure most people on this board don't approach anywhere near that level of success. Semper PS - keep us posted. Be...

So, to this point, are you confident with WizeTrade? What would you say your win % is so far? Semper

Thank you so much for your reply and information. I'm a little green, so you'll have to bear with me. Are the rates you listed above inclusive of ECN fees? For instance, if I were planning to trade the QQQ 3-4 times per day in 10k lots, how much would I have to pay all costs considered? I...