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Been trading alright last 3 months. Couple of weeks ago , I felt that I wasn't improving as much as I wanted to. Decided to read 'Trading in the zone'. After reading the book, I found that I had adapted a more relaxed way of trading. Subsequently I got hit pretty bad, yesterday...

I got absolutely crushed yesterday. closed my short before announcement for a small profit, then went long after announcement and got caught in the downspike sold at about -90 ym ouch indeed taking a break now Chuck

Feels like a tired bull market, which means it's on it's last legs, which means bear market soon, which means I need to buy some more puts :-) Any opinions? Chuck

If you think a stock that you hold will go down. Sell it.

Doesn't it make anyone think: why did he spend all those years chasing money? After death you have nothing anyway. You could argue: for your children. But maybe they'll feel more fulfilled making it themselves. Chuck

so you buy mostly 60-90 days out, or longer? yes, this seems to work for me. Although i still sometimes miss some swings because i sell too soon, because i'm afraid i'll lose the time value the logical thing would be to roll em over to a later expiration. but then i think i'll roll em over...

i never hold my long options longer than 30days before expiration In my opinion the value starts decreasing a lot, 3-4 weeks and upwards before expiration. just like to buy puts and calls (and sell em afterwards :-) ) keeping it simple Chuck

check out MIRC othernet #daytraders it's moderated by mbtrading in a professional manner I used to use it a lot in the 1999 to 2001 period I think a lot of posters on here are on there too. don't go there a lot anymore lately because i don't want to read too many opinions regards, Chuck

I got filled a point under my limit buy in ym yesterday which was nice

I'm also thinking about a worst case scenario. i think i'll open a separate acount at another brokerage just to trade futures. i'm looking to trade 10 ym so i'll put in 12500, that way if the market moves against me in a big way, that account will blow up, but not my main account.

Thanks buy1sell2 I enjoyed your posts on position trading futures and now I think I understand the way you managed those trades a bit more.

I've been swing trading options for a while now and I was thinking of switching to futures instead of options. Mainly to avoid the bad spreads and decreasing time value. With options I like to scale into positions. I was thinking how I could do that with futures, it seems I would need for...

Hello everyone, 1)I'm a customer of Interactive Brokers and I wondered what happens when the price of a futures contract exceeds the intraday margin requirement. Does the contract get sold? Do you receive a margin call/ message. Does it affect your cash position? 2) does anyone have any...

My father used to have a $100000 account with them about 10 years ago. They put him in some stock and when the account went to 80000, they had the impertinence to call him and ask him to wire 20000 or they would close down the account because they only allow a 100000$ account minimum. Needless...

Hi everyone, I'm new to this site. I look forward to talking to you guys. Does anyone remember that day in april 2001 where there were no bids for what seemed like an eternity and the market went in a freefall only to bounce up sharply later? Glad i wasn't long then. (wasn't short either...