Recent content by taofinance

You have to ask your Branch Office Manager (BOM) or Office of Supervisory Jurisdiction (OSJ). They can give you the right information. --- For example, Article III, Section 3 of FINRA's By-Laws1 provides that no member shall be continued in membership if it becomes subject to...

I was wondering if there were any sites where I could get OHLC for options chains, imp. volatility, and hist. volatility on one page? I see a couple methods out there, but they are on multiple pages. I wanted to build a database of them. Here are some of the ways I found...

Try and test different modifiers to the strategy and see what it does to performance. For example, and entry modifier would be a certain minimum volume threshold. An exit modifier would be price not confirming a profitable crossover. :)

ntmf, Like TudorJones said, you are having second thoughts. Your ambition is high, but it appears that your patience is wearing thin. If in my first 5 months I made 4000 per month I would be excited. This month I am at 6k net (off of 10k net a week ago :o ) using over 2k size, and have...

It is $10.96 after hours right now. To all the doomsayers for CFC: Please stay short. ;) How many shares do you have milehigh?

CFC opens at $12, up 25%. I am long 200 shares of CFC at $8.76 avg from 2 weeks ago. Bought 50 at $8.25 on that spike down day. Low was $8.21. This may take a couple years, but I guess I'll sell covered calls in the meantime. May head lower, but that gap up probably had the shorts in a...

Marty Schwartz has said that it is the overnight trading of the cash bond... but this won't help you out. What will really help you is to stop thinking of indicators, of strong correlations, of easy ways out. Some days crude is running, so the oil sector is strong and pumps up the rest of...

I highly doubt that a Chairman of a central bank, a bank whose debtor is the largest country in the world, makes only a little bit of money. Can you imagine how much Bernanke could make only in the forex markets? Hedge fund money would seem small.

Hi OP, I have been trading full time for under a year now, and in the beginning I used to do some of what you describe (mainly on sweeps in the opposite direction). Suffice it to say, took big rips, made big chops, and had headaches all day, so I changed. As time went on and I reviewed...

I think trading is one thing that can't be learned at all in books. But no, people don't make money in trading. That's why US private equity is buying everything in sight and Goldman paid record bonuses this year. If you are interested in trading, I suggest you just do it with a tiny...

$55 net on 8200 shares for the 22nd

I don't need a Series 7 to start at my prop, but they require the ability to get it.

+$166 net on 3200 shares My second net positive day in a row! I just started prop.

+$96 net on 4400 shares