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  1. Robert Morse

    Tax loss harvesting deadline extension?

    What type of asset? Is the asset owned by an entity like an LLC?
  2. Robert Morse

    Going long on short positions without getting burned

    I do not recommend automating options trading for retail users. There are 15 option exchange and prices change even when the underlying does not. I suggest you view current market and enter manually. You can enter spread orders where you send an option order or spread with stock tied. They then...
  3. Robert Morse

    Going long on short positions without getting burned

    https://www.optionseducation.org/ 1st, before you do your first option trade, get an understanding of what options are, how they trade and the risk involved. 2nd, do some paper trading to get a feel for how options change, then when you are ready, start very small.
  4. Robert Morse

    Going long on short positions without getting burned

    Yes, I would say using options as a stock replacement, if you do not lever up, is a good way to trade without having to set stops and limit losses. Easier to just buy a call or put vs stock and a hedge. You still need to have a process for entering and exit. You do not want all your options to...
  5. Robert Morse

    Takion- Help Needed

    Don't you think you should call your broker for help on this vs a forum? Or, call the Takion support line.
  6. Robert Morse

    Relocating to a new country to trade. Where do I go?

    https://greentradertax.com/puerto-ricos-tax-haven-status-is-made-for-traders/
  7. Robert Morse

    Profitable on paper, losing money live! Fear plays a big role.

    When I said work hard, I should say that needs to include work smarter. If you do the same thing day after day and do not progress or learn a process to be consistent, you are just bangging your head against the wall. That can be hard work but not effective or helpful. I do not think it requires...
  8. Robert Morse

    Profitable on paper, losing money live! Fear plays a big role.

    Have goals. Work Hard. Live your dream. No excuses. Anything worth having is hard, or anyone could do it.
  9. Robert Morse

    Where do I learn day trading?

    I will PM you.
  10. Robert Morse

    How to calculate long-term variance in GARCH?

    I hope this helps. Above my pay grade. https://vlab.stern.nyu.edu/doc/2?topic=mdls
  11. Robert Morse

    Its Here

    OK, I'll bite. What drought?
  12. Robert Morse

    Lightspeed Trader 101: Introduction to the Platform-Free Webinar

    In case you missed it. Who wants a demo? Ask for a demo and say you heard about us from Elite Trader and get our current promotion from me, 50% off commissions for 90 day-Email me or get the demo for details. https://www.lightspeed.com/demo-request/
  13. Robert Morse

    Late to the game

    I speak to a fair number of members and non-members. Many members never post and non-member prefer to just read, for the reason displayed in these posts. You do not have to respond to any posts you find are from those are not really looking to help, but let's be a little more welcoming to 1st...
  14. Robert Morse

    Late to the game

    I would suggest a mentoring service to learn to day trade future. I can’t recommend one but there are a few in Chicago. Happy to talk directly if you want to discuss either stocks or futures. We offer both but not long term paper trading. My contact info below.
  15. Robert Morse

    Options Trading: Minimizing Friction Costs?

    Please explain? I'm not aware of any rule that prohibits you from send limit orders to all 15 option exchanges.
  16. Robert Morse

    Does the broker make a difference when executing limit orders?

    Cool, but I'm not sure all accounts get the DMA ticket. Not even on their website. I was more providing information on brokers routes, the ones you call "predatory," and ECN routes. I like the ECN routes for control, not so much to avoid HF trading firms.
  17. Robert Morse

    Does the broker make a difference when executing limit orders?

    Since there are more choices than Fidelity and Interactive Brokers (Yes I mean us), I'll speak in general terms. It is not clear to me if you are talking about the cost of the execution or how likely you are to get an execution. In my experiance, any broker that allows you to choose your route...
  18. Robert Morse

    Options Trading: Minimizing Friction Costs?

    Not really. When I enter option orders in liquid symbols I make the assumption that if I don’t take offers or hit bids, that I have to wait to give a MM a little vig to get filled. They don’t care about opening vs closing the way a retail account does. It is just another trade that drops into...
  19. Robert Morse

    Options Trading: Minimizing Friction Costs?

    1st I'd like to say that a first time poster should look to respond to comments in a reasonable time, whatever that is, or we feel like we are wasting our time and just talking to other members. 2nd, I'd like to respond to tommcginnis. I'd say this is way too complicated for what was described...
  20. Robert Morse

    Funded account by Speed Up Trader

    I have no idea but as far as I can tell, they are not registered with the NFA and are conducting a futures business and charging a fee vs passing through the cost of trading against your P/L. I would ask a lot of questions.
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