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no. People don’t get how you think you can earn so much with so little risk. And if you can, why wouldn’t you trade with bigger size relative to your account.

economics and company news will be pretty balanced at any proper financial press: FT, Bloomberg, WSJ. Papers that any executive/c-level would read. politics will always have some color Or bias to it. But I find financial press is the best for that as well.

What kind of news are you looking for? politics Economics Company specific?

yes. note though that 99percent of the time being exercised is based on the 4pm price.

I think it falls under the free ride rules and you may have to cover immediately. Personally I wouldn’t let an itm option expire unless I want to take delivery (either I’m squared up) or the stock position hedges another position well.

warren buffet set up a machine where he doesn’t have to worry about drawdowns, he doesn’t have to worry about recycling risk, and he can’t have capital redemptions. That’s the reason he’s the wealthiest stock picker in the world even though there are many others who have better track records.

The broker doesn’t make you buy shares for delivery. You will deliver them short. you will sell the stock at the strike price. On Monday it will be your job to handle that short position (either to close it or hold it). brokers will use official closing price To determine if an option will Be...

I’m sure you hear the term a lot. There might be a good reason for that.

when I left Wall Street I looked at the wealthiest people I knew. They all made their money in bull markets. Personally I would rather earn moderately in quiet low vol markets and not blow up in vol spikes than earn a lot in vol spikes and earn nothing in quiet markets. Not that either is easy...

Not if you have context!

50 points of nq is like 1/2 percent on a 1percent stat vol index. You can capture 50percent of the daily volatility on average?

I love how your questions are all slanted to your magatard world view and then can’t comprehend how a rationale AI doesn’t agree with you.

so what’s your annual expected return if some days you lose and some days you don’t trade and some days you make 6k?

one day you may realize that a major part of success in the markets is setting up your capital. Warren buffets stock returns are on par with the SP mid cap but he’s wealthier than much of that index combined.

to make 6k every day you have to be right every day. What else is context for a day trader except understanding the price action.

there was a blind fx trader at jpmorgan who had that system built.

I think you underestimate how difficult it is to “get context.” market is down 2percent at 9:35. What does it do next? Remember you are talking about being right 100percent of the time.

i think only market makers who receive bid/offer can do it: earn everyday. Goldman Sachs does it but they come in every morning knowing they will get 10-15mm in risk free commissions every day. Further the firms that do do it (like Goldman, virtu, Susquehanna) require much more capital. I bet...

EVEN that’s too much information!

If you leave your job now, you probably have two years to get a similar one if you fail. At or over 55, it's better to trade after you have enough that you can retire and you are only trading on excess capital.