Search results

  1. Robert Morse

    black scholes model pricing vs real life pricing

    Models are only as good as the assumptions you enter into the model.
  2. Robert Morse

    What is the best state to set up a C corp for trading? Tax free income and corporate tax,...

    It was not from knowledge, I googled. It would also not include any states with a low income tax where the cost of living, homes, real estate taxes etc, might over all be better. I find PR the most interesting. I’ll stick with NY. For me, being near family is more important than the cost.
  3. Robert Morse

    Pattern Trader

    1: Yes 2: No
  4. Robert Morse

    Best data api ?

    Try Realtick https://emsportal.ezesoft.com/download.aspx?sidenav=rtapi RealTick API® REALTICK API® OVERVIEW RealTick is an open platform, providing infinite possibilities. Software developers can write custom trading, risk management and analytic applications using the RealTick API...
  5. Robert Morse

    Directional Trading and Options and Straddles

    Not a good one! :sneaky:
  6. Robert Morse

    Best data api ?

    We offer C++, .net, ActiveX and direct FIX. Happy to talk on the phone one day. Please call me Bob.
  7. Robert Morse

    Directional Trading and Options and Straddles

    Is this a PMA or Reg-T?
  8. Robert Morse

    Best data api ?

    Hi eves_banished_children, I see you are new to Elite Trader. You will get better responses when you ask question that have more details. You are not stating what you want to use the API for? Stocks, Options, Bonds, FX, Futures, News, etc. And is it just for data or to execute too. As many...
  9. Robert Morse

    Do long and short futures positions offset each other in terms of margins?

    CL Initial $3190 (1,000 barrels) NG Initial $605 (2,500 million British thermal units) Not near zero but very low for the profit/loss potential. I have never watched NG but CL is an excellent trading vehicle with the potential for directional plays, calendars and is always in the news with...
  10. Robert Morse

    On using an Ipad for Futures Day Trading

    For use on an Ipad, we can offer Realtick with their UltraLite software enabled or CQG Desktop. http://www.cqg.com/products/cqg-desktop
  11. Robert Morse

    Directional Trading and Options and Straddles

    My suggestion is to re-think your process. If you decide that you want to enter an option strategy from the side of the strategy, I would say that is backwards. Examine stocks, indexes, futures etc. Come up with a thesis on what you expect that symbol will do or not do, over a defined time...
  12. Robert Morse

    Retail Accounts at Prop Firms

    That is correct, but those retail account are not different than other retail accounts. They will be introduced from a FINRA BD vs the Prop BD. We get referrals from some prop firms for retail accounts as the traders want to use Sterling or Lightspeed Trader.
  13. Robert Morse

    Tastyworks Is Now Making Naked Calls Available In IRAs

    I have tried but can't find that rule with either the SEC or FINRA. Same with shorting stocks. Anyone have a link? and if they got approval for short options but not short stock, what happens if you get assigned a short call?
  14. Robert Morse

    Retail Accounts at Prop Firms

    And even less protection as they might not be regulated. Your money, just trying to help.
  15. Robert Morse

    What is the best state to set up a C corp for trading? Tax free income and corporate tax,...

    Puerto Rico’s Tax Haven Status Is Made For Traders https://greentradertax.com/puerto-ricos-tax-haven-status-is-made-for-traders/
  16. Robert Morse

    What is the best state to set up a C corp for trading? Tax free income and corporate tax,...

    States with no income tax: Alaska. Florida. Nevada South Dakota. Texas. Washington Wyoming
  17. Robert Morse

    Retail Accounts at Prop Firms

    To me the exam is not the challenge. Anyone that tries hard enough should be able to pass. I'd be concerned about: Commingling my money with strangers 1 year lock of my money Being part of a regulated broker dealer as a partner where you can be associated with their wrong doing Requirement to...
  18. Robert Morse

    Do long and short futures positions offset each other in terms of margins?

    Cyrix Futures trade are not Portfolio Margin eligible. The CME requires SPAN margin and IB sets their own margin higher. You will have to ask IB. SPAN margin has no offsets for symbols that are not the same. CL and NG are not only different, I'm not aware of any correlation. You will need at a...
  19. Robert Morse

    Fund Administration, cloud or on-premise?

    I'm confused too. You should hire a 3rd party for that.
Back
Top