Recent content by trendisyourfriend

Hi all, I have a question about money management. Jordan Belfort once said in a podcast that money managers who can produce a consistent 25%+ monthly return can make a lot of money in this business. Not only do they have a high return, but they also can command a higher performance fee and...

Hi guys, is there a chart service that shows moving average crossovers with alerts for stock options? I can't find live quotes anywhere for options. I subscribed to Interactive Brokers' live options feed (OPRA) but the charts for the options are still delayed and don't seem to update as the...

Hi everyone, I'm new to forex trading. I had a buy stop in place for the Eur/Jpy pair. The order got filled at around 4pm pacific time. I use Mt4. I saw the dotted lines that showed my buy stop, the stop loss and take profit. For some reason my trade was opened and closed. MyFxBook shows a...

Do you mean 17 stocks? Do you find organization is a key element to profitable trading?

Hi everyone, I'm new to trading. I've been having moderate success day trading 1 stock. I make, on average, 1% a day. I've been playing around with a compound calculator and the difference between a daily 1% ROI and, say, 5% ROI, is huge. At 1% a day per stock, that would mean I'd have to trade...

Hi everyone, I'm new to trading stocks. I have a question about what stop loss to use when trading stocks. I learned how to trade stocks by reading "How to Make Money In Stocks" by William O'Neil. In this book, he recommends using a 7% stop loss and a 20% risk:reward ratio. But let's say I...

Hi all, I'm looking to trade the Dec 16 expiring 220 put/305 call short straddle. This is near delta neutral. According to Option Strat, the required (estimated) margin is $3,050. According to Interactive Brokers, the margin impact is $0. Which is correct? Thanks

Hi everyone, is there a way to automatically set a bracket order (both a Take Profit and Stop Loss) for every trade I make? For instance, let's say I want to trade the QQQ when I get my trade signal and want to automatically set a 7% Stop Loss and a 20% Take Profit when I buy the ETF. Is there...