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> I thought that most people trading options say that selling options for premium is the only way to go and that buying puts and calls only leads to losses in the long run? It all comes down to whether you have an edge or not. Since (unlike buying stocks, for example) options is a "zero sum...

I have enjoyed reading the "Happiest memory (thus far) of trading?" thread. Kind of reminds me of reading Jack Schwager's wizzards books back in the day. So I thought I would start another thread about "worst" experiences to hear about the other side of things. I've had quite a few blunders...

I've been using IB for 11 years. I am happy with them. If you are not trading actively enough to generate a I think it is $15 commissions, you get charged the difference (which happens to me a lot, since I tend to sit on positions for months at a time). Also plan on paying $15 to $25 a month...

My best, and most life-changing trading experience was being long cryptocurrencies during 2017. Having grown up seeing prices for everything triple (1970s and early 1980s inflation), I've always been an "inflation hawk". When Trump was elected in 2016 and I heard of his plans for massive tax...

Must be something special about 11 years, because I just got an email from IB today congratulating me on being a customer for 11 years as well. Did not get one at 10 years. I've had trades open over 90% of the time during that period, although most of them are long-term and simply involve...

Ok, just trying to understand what is being said here and its implications. Is this saying: 1. The world needs to buy oil 2. Since oil is sold in US dollars, the whole world needs dollars, thus supporting the dollar currency so we don't have to worry (as much) about loss of faith in the dollar...

Why couldn't this guy have used an option spread to eliminate the risk? So he sold deep out of the money calls - why couldn't he have bought an equal number of calls to what he sold even further out of the money? They would have only cost say 10 or 20 percent of the money he was paid for the...

I have finished reading Ray Dalio's book Principles of Big Debt Crises, as recommended by Magic. There is an incredible amount of material there, but I think it was very helpful in helping me understand the answer to my original question. As Specterx points out, it makes a big difference who...

Growth predictions revised down for Europe.

Why can't you just trade gold futures, such as the mini-gold: https://www.theice.com/products/31500921/Mini-Gold-Future Frank

Thanks, Magic, for the book reference. I took a look on Amazon and it looks like it covers a lot of the topics I'm interested in understanding. I will plan on reading it in the next few weeks.

I don't blame one political party or the other. I realize that Bush added more to the national debt than any other previous US president. Then Obama broke that record. And Trump is on a path to break it again. They increase the debt for different reasons. Roughly, Democrats increase the...

I figured there would already be a discussion about this here, but a few different searches did not find anything. If this has already been discussed, feel free to direct me to the discussion. In recent months, I have seen a few financial commentary articles that argue that the US national...

Here is what I am looking for - can someone recommend a broker? I have 20+ years of experience with stocks. I've also traded futures and options on several occasions in the past (most recently in 2004). I wish to open a small account (around $10000). Things I need: - Low cost per trade...

I am selling a set of 4 futures system / trading books on E-Bay: <U>The Encyclopedia of Trading Strategies</U> by Jeffrey Owen Katz, Ph.D., & Donna L. McCormick <U>Trading Systems That Work</U> by Thomas Stridsman <U>Technical Analysis from A to Z</U> by Steven B. Achelis <U>Trade...