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Yes it does. When you said "5", "10" I assumed it was about equity options. When it comes to futures I have no experiance with how a MM puts themselves out there. How would it help to know when you can't tell the difference between an order from a MM, customer, institution, hedger etc.

LS Trader and our other DMA software (Sterling Trader Pro, RealTick and Silexx) all require $25K or more. LS Web Trader, which is not a DMA platfrom, it only offers a broker route, require $10,000. https://www.lightspeed.com/trading-platforms/lightspeed-web-trader/

The industry is not that simple but some exchanges have a min size a market maker must show. On the AMEX it is 10. The market makers mostly gets directed order flow so they do not have to be the best to play. They only have to match the best market.

It is my expectation that Tuesday would be more than 5 business days after Monday, So you can do your next day trade the following Tuesday. You should confirm with your broker. In a cash account you can never use leverage or short any stocks. You will have to wait for the stocks to settle. I...

If you want to do business with AMP, why not contact them directly. You will need to pay for and code to one of their APIs. You will likely have to pay for MD as most APIs require that to do risk checks.

Is that question for me? If it is, then when a large buyer come in for an OTM put, it expands. If i sell that, I look to buy less of an option with a higher delta. Then unwind when they comeback inline. Hard to do unless you are automated, but I have had clients do it manually in SPX.

What broker?

I used to trade 1:2 spreads with stock to be Nuetral or just an option spread, using the delta of each strike to determine size when the skew would change. There were more opportunities when there were not so many exchanges.

More better!!!!!!

Fortune are made by those that can place more trades when the odds are in their favor.

I 100% agree with the theme. Keep your job and learn to trade in your spare time if your needs are $150K/year.

I like your post accept I do not agree with this statement. It is not a zero sum game when the trader on the other side of your trade can be a speculator or hedger. And fees are only an issue for those that scalp one tick. For position traders or those looking for a longer time frames than...

This will take more than time and skill. You won't know until you get started. Why not keep your job and start slowly and scale from there? Then as your make money you can move to full time trading.

Please define a "capital trade" and an "income trade" as they apply to you. Maybe an example of each.

To get rebates on futures you need to be a member of the CME. I believe the question was about options on futures trading. For equities we have both SMART-flat rate- and DMA where we pass through exchange rebates/fees. For options traders, we can offer both SMART and DMA on Sterling Trader...

https://www.rjobrien.ca/

I'm not a fan of that and I'll explain why. You take the time and effort to choose a stock you expect will out perform other stocks and the market. You buy a long dated call options to limit you losses and reduce your cash/margin layout. I'm liking that part. Then, you limit your gains when you...

What would that advantage stem from?

What would be an example with a current equity option?

I have watched a lot of traders over my 37 years in the business. They make a lot of mistakes, even the good ones. Even me. Especially me. I'm not referring to bad trades. There are always losing trades. I'm talking about the business of trading. I would say the worst are that they play to...