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    SPX Credit Spread Trader

    No, ODI measures maximum deviation of series i.e. there is still chance to go lower without breaking long term trend, but not necessarily closing at such level. In fact as we have studied max high/lows vs. close since 1999 very closely, series very rarely close at maximum highs/lows, so closing...
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    SPX Credit Spread Trader

    I no longer use any AT indicators for this. I use ODI developed by myself and according to its calculation market can still go down to 1245/1250 without consideration of changing long term pattern. However, as deeper south we go, probability of reversal grows dramatically.
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    SPX Credit Spread Trader

    Wrong, my friend. Yesterday pre open was even more up than this. You know the final.
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    SPX Credit Spread Trader

    This was very wet paint :)
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    SPX Credit Spread Trader

    Thank you Phil, I`ll use this tip as professional advice and would be no suprise if it works the best.
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    SPX Credit Spread Trader

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    SPX Credit Spread Trader

    This all about managed accounts - everything goes smoothly till the moment people learn how to read statements. Then monthly checking, weekly and finally daily comes up. It becomes a part of the life - like daily teeth brushing... an addiction ? Warnings and explanations don`t work. That is...
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    SPX Credit Spread Trader

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    SPX Credit Spread Trader

    Thank you Coach, so this pain is common. Mine is actually worse because everytime it happens, I get the same questions. While trading my account I don`t even pay attention to those readings, as I use my own spreadsheets. Nothing to say, I can get better results on my own account due to these...
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    SPX Credit Spread Trader

    As I don`t trade Verticals in my first phase I would like to ask you all what average % drop in open equity you experience on days like yesterday, assuming market near short ATM or rolling position.
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    S&P500 Options expiring on last trading day of the month

    Right, I`ve always had respect for the way CME is being managed. And no-roll future would be good idea as well, however no clue what political issue sleeps behind this project i.e. what is official "no" against it.
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    S&P500 Options expiring on last trading day of the month

    After recent action I`m ready to jump in that market anytime. BTW - they are European. This comes from CME, so looks like IB is right this time. Well, we`ll see once they start being traded.
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    S&P500 Options expiring on last trading day of the month

    Well, I run CTA so it takes a lot of hassle to open them at right time and run good result at the end of the month, then always some leftovers become open question what to do with. I have to use consecutively two types of hedging to achieve good results at proper time. This new expiration...
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    S&P500 Options expiring on last trading day of the month

    It would take a little while to get used to new expiration dates. 3rd Fridays have become big part of my life by now.
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    S&P500 Options expiring on last trading day of the month

    Got them, thank you. No quotes shown yet, looks like it needs another market subscription ? It is marked as "European" which I believe is wrong again. Otherwise the rest looks the same - multiplier and other details.
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    SPX Credit Spread Trader

    Momoney, thank you for taking care of me, but trading this was not my intention. I`ve seen this action many times before e.g. most recent - after bombing in London ES was down more than -10 and made up to positive levels right about open. I don`t guess any more.
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    SPX Credit Spread Trader

    What is nice about Europe (among many others) is time zone. ES was down -8.50 about 30 minutes ago, which means you may have additional chance to hedge from here in case of disaster. It was about 4.30 AM EST and from this side of the pond can be easily handled. Another thing here - I traded...
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    Money can't buy happiness

    First - what a great thread ! I spent almost 20 years living in the US and could not make such discussion with anybody, including some college teachers. I agree that money pressure in the US is tremendous, and it is getting this way in other places of the world (UK for example). This is also...
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    Qns re ThinkOrSwim & Trading as a non-US citizen

    anyway, it sometimes takes 9 years (and longer) to get green card if you follow legal procedure right from the beginning. Also - you have to deal with one of the worst departments in the US.
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    Qns re ThinkOrSwim & Trading as a non-US citizen

    ES, regardless your post`s informational issues, you`ve never had any close contact with USCIS, have you ?
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