Search results

  1. O

    Selling out of the money puts with low risk

    it all comes down to your selection criteria... after all... MCI used to pay a fat dividend, and then it tanked went to $5 still paying a fat dividend, and then they stopped and it became an OTCBB... I will assume you use common sense for picking your stocks and know when to punch out...
  2. O

    Selling out of the money puts with low risk

    Right off the bat, am sure everyone has their own opinions and keep in mind what I think is irrelevant in the end as it really applies to how I would manage things, and used to manage way back when before I had to trade futures only because of work… I think you are giving up yield by not...
  3. O

    MKT Order Commissions - IB SMART (flat rate) vs Others

    well, clearly... you trade enough volume, but I am not sure why you are doing MKT orders... but that is your strat requirement I guess... in any event, you would benefit from Cost Plus and from customizing your platform a bit to take advantage of the features within IB... You can always go...
  4. O

    MKT Order Commissions - IB SMART (flat rate) vs Others

    hmmm.... so if you are doing 30 a day, you have no issues with PDT and I would expect the account to be north of $30K... so the questions would be, why are you flat rate? why are you not cost plus? have you dont a comparison? are you always taking liquidity or adding? IB has SMARTs to maximize...
  5. O

    What order type to use to set up take profit when I take a long position?

    depends on your broker and platform, but you should be able to use a Market if Touched (MIT) order... Market if Touched (MIT) is an order to buy (or sell) a contract below (or above) the market. This order is held in the system until the trigger price is touched, and is then submitted as a...
  6. O

    Quant-trader career advice

    every job, will always come down to relationships or skills... if skills are lacking, and even when they are not, relationship always trumps all else... so you have not stated anything new really... the HR route works, as it assumes he works at an Investment Bank, I realize that people might...
  7. O

    What's the Lowest Per-Share Pricing Seen? $.002 or $.001 plus ECN+ or -ECN fees?

    http://www.centerpointsecurities.com/pricing/ http://www.lightspeed.com/pricing/commission/ https://www.interactivebrokers.com/en/index.php?f=commission&p=stocks1#america with volume, any of them will negotiate their comms... rebates should be the same across the board...
  8. O

    Quant-trader career advice

    if you are at an actual bank, there are transition paths you can follow... go to your internal HR site and look at the different career paths for the positions, they are disclosed... they will show educational and skills requirements, along with internal classes you need to take, etc...
  9. O

    Liffey8 TopstepTrader Combine Journal

    like garachen said to me once, if you think you are right you will loose... trading has little to do with being right or wrong... and he was quite correct on that assessment..
  10. O

    Building a Trading Station - help hardware selection.

    as I said... trading floor to me means 100+ traders... so different requirements... 12 is really, really small... but I understand... that is still a trading floor in a way... ok, so you are not really booting off the type of SAN I thought you would be... you will be booting off iSCSI .. got...
  11. O

    Building a Trading Station - help hardware selection.

    that is a good list... I know there are others, I personally use a pair of ZR2740w's... best $$$ spent ever... but for trading with multiple monitors the best kind are 4:3 aspect ratio and there are few vendors still making those... like NEC ... :)
  12. O

    Building a Trading Station - help hardware selection.

    booting off san for trading workstations? wow... hmmm... all I can think of is wasteful, gutsy, and introducing issues for no reasons for your traders... but I guess your trading floor most be small... considering you are looking at doing systems integration in-house... in any event, a...
  13. O

    2012: The Battle for Survival

    have you figured out who to use to reduce your expenses (thereby increasing your P&L)? if you are still using QT... I thought it can trade through IB, so why not transfer $30K to there and find out if your strats will work fine.. http://www.quotetracker.com/help/ib.shtml
  14. O

    A lethal illness

    when the quality of life deteriorates to the point where she will be bed ridden, unable to take care of her own most basic needs, with a diaper on... losing dignity per say... at that point in time, elect hospice and just go with proper end of life treatment... above all things, educate about...
  15. O

    Intraday Futures Spread Trading

    there are better spreads that can be traded intraday that will trend or be mean reverting... you should look across the spectrum and not just focus on index spreads..
  16. O

    can 1.5 pf strategy work

    IMHO, it can work just fine if you monitor it and in parallel (daily) test to see if all the trades behaved as they should... as to the PF... I have a short strategy that generates PF3 and a long that generates F1.6... they are both executed at the same time, so they balance each other...
  17. O

    Sp500, Dow, Nasd

    learn what makes up an index, along with their weights, and you will understand why an index will be down...
  18. O

    A lethal illness

    from what I recall, chemo wasn't completely horrible for my mother... so I would advise your friend to take the chance and undergo chemo... all it will do is buy them time... my mom fought cancer for close to a decade and to be honest what kept her going was her positive outlook even though...
  19. O

    A lethal illness

    neither... well, more like a combo... and I assume we are talking about cancer, but the "25% prob of cured" is tricky... since there is no cure, merely remission... 3. go onto hospice, get the Fentanyl Transdermal Patch to control pain and be with little disconfort... go on about living as...
  20. O

    Low-latency data feed and execution APIs

    fair enough... I went by this statement from you: "I haven't read too deep into the link you've provided but it doesn't seem to be what I'm looking for" .... either way, I personally got stuck on the above bc I do deal with people like that in your position, that do not bother to review...
Back
Top