Recent content by svsv

Day trading options is hard. Why don't you try swing trades? I have found it's viable to do directional trades on options. Of course, you have to be very precise in order to catch any big moves on underlyings and mindful about time decay. It does require more patience than trading stocks since...

MSFT QQQ LOW AMZN YHOO IBM CSCO

26%

Are QQQ options considered as non-equity option, therefore they can be considered for MTM treatment? However, they don't comply with "Provides that amounts that must be deposited to, or can be withdrawn from, your margin account depend on daily market conditions (a system of marking to market)...

This happened to me yesterday. I was scaling out a position with three contracts on MSFT calls with a trail stop. Then I wanted to change the three contracts to two in TWS order line. I just finished changing it to 2 and transmited the change. All of sudden, the order got executed. Guess what...

That is why people need to go to school to get their degrees in BS, MS and PhD. Most of us are not that extremly talented.:p

Don't confuse the techniques with disciplines. You can always learn the techniques in the field, but the discipline from years of training is hardly a hack of high school kids. Software engineering is not just writing program, it's so much more than that!:p

Well, if you consider working for CIA kind of job is for everyone.

Well, if IT security is the next big thing, why didn't we see the LOCK manufacturer be the leading industry before?:p IMO, IT will be moving toward commoditization as all other matured industries have gone through. IT Security will be a niche field for sure, but it's not a field for average Joe!

Maybe you could get one with my palm print on the screen:-))) I do miss those 20" flat screens on my desk and big plasma screens on the gas trading floors. I guess UBS Warburg is still running my ticker service on SoCal:-)

Ok, I'll read it for you. In the layout setting, you can set up stop price on the order line, which shows the actual price for a trailing stop. So there is no guessing here, the stop price or the trailing stop price changes as mkt moves. Depending on your trigger method selection, it triggers as...

You can actually have the trailing stop price shown in TWS. Just read user guide, it has all the info you need.

You may try GIMP at http://www.gimp.org/ it supports PNG which has good quality and compression ratio as well.

Your only safe bet is that you don't use a computer and you trade on the floor:-)