Search results

No, I'm fully manual.

That's just the way Lightspeed reports numbers. You are looking at each of my fills starting from the top. This took place over 2 days, sorry I cut off the dates.

Ah, if you are waiting for a break of an MA then IV crush has already happened...try to scale out as the trade is going your way around a pre-determined profit.

Did you have a target on the MJ trade? Maybe that would help with your exits, to at least have a general idea. Re:VIAC that's my favorite kind of short. When they finally crack it's $$$, and you limit risk with cheapie otm puts.

I think you need to find setups with a bigger r:r profile. That CLX trade was kind of luck that it worked out, but if you are buying options outright you need to target like 3-5x+++ on a winner to make up for all the losers. The MJ trade (assuming calls) were well itm and you should have taken...

About 90% of my trading is long options. "They" say 9 of 10 options expire worthless, but they never talk about the insane gains you can make in that other 10%. BUT, you need to be a good trader, with a real edge. Maybe you don't have an edge yet. Can you post some of your trades?

I suppose we are arguing semantics now. The bottom line is, are you making money off of your conspiracies? I was long calls from Monday around $17 and sold at the highest $145 right before the collapse, where I bought puts and covered 15 mins later, then bought calls and common for the $50...

Ok Mr. Dice. Why don't you tell me how many shares hit the bid on the way down. Then tell me how many shares hit the offer on the way back up. Oh...you don't have that information, ie. "proof"? Drop = 600k shares Pop = 850k shares They were stops.

Simply retail stop orders, there's sadly no conspiracy here. There was hardly any volume on the way down.

You mean like this? Naw...can't work.

I've never been punched out at Lightspeed, you'd have to check their policy though.

6-figure gains aren't that hard in small-cap land, but doing it regularly is.

It's called Payment For Order Flow (PFOF), and it's been around forever. HFT's love "dumb" order flow and are willing to pay billions. RH gets paid 17c per 100 shares, and 58c per option contract.

Not having a trading plan and asking the internet for advice maybe isn't the best way to do this.

Streetsmart is pretty clunky compared to other platforms. I use SS for my longer-term accounts (mostly options), and Lightspeed for day trading (30-40k contracts/mo). I would take LS over SS any day, and the option commissions are way better. PM me if you want to chat more about numbers. LS...

Of all the choices, why choose Schwab?

The 510's and 520's were 30-50x.

Ken, maybe some context would prove more interesting than a list of tickers. Did you trade them long or short, did you make or lose, do you see momentum up or down?

But most pro traders use margin and play options so....

Yep, 5 minute.