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Greetings. I'm a mac user and currently trade through the ThinkorSwim desktop trade platform. I want to be able to create some multi day trade strategies using technical analysis and then run a backtest. I'm mostly after very simply moving average crossovers and less involved ideas...

I don't know what's going on here but I feel like I just showed up to a party where everyone is already drunk.... and the host is sucking helium.

That's interesting. A recruiter actually contacted me once and said they were looking for a derivatives desk manager. ... Nope.

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Option trader here, thinking of using some of my additional account margin to foray into the forex market. Can anyone offer their experience of using TOS or one of the more traditional non-forex brokers to trade currencies. I'm looking for information regarding cost, platform quality, pip...

I have a complex book and basically everything on the data feed went nuts and consequently I was just relying on my long OTM puts to save the day. Goes to show you that when things heat up you can't expect the market door to always be open to trade with.

I'm not trying to shoot down the idea, but equities are becoming more closely correlated on a daily basis, especially when you consider the international scene. I think that if you're taking on share risk - its a de-facto bull bet, and I guess I would just like a bit more control as to when I'm...

I'm not saying you can't do what you propose. I'm only suggesting that 1) It contains acute risk which according to MPT you're not getting paid to take (yes I know there are some trip wires here when you begin to involve derivatives and so consequently I'll leave this as a 'weak' argument) 2)...

This is true, the RR PL stinks on anything naked because you're only dealing with one side of a (simplistically speaking) binomial equation which remains open ended throughout the duration of the trade. Therefore, you are including your own personal probability into the your valuation of the...

Whatever dude, you couldn't pay me enough to publish anything after staring at the screen all day. However I have recently taken up figure drawing and its quite fascinating.

Guys.. it's not a 'gate day'... its a 'you "stop gate" days the market goes....'

A performance edge is helpful along with low coms and such. Consider, however, if you place a position and adjust in a way which has a cost similar or less than that of replication - you'll have your edge. Also, having and/or not having an edge is priced in with market expectations between...

Its actually shockingly simply to manage and quite a bit less complicated in technique than the far majority of positions used by most retail traders; condors, butterflies, double diagonals, calendars, ect..

No no, you limit your losses by buying parts of the skew which are less expensive than what you're selling. And then, you stop gate days the market goes nuclear by buying lots of cheap units on both ends (unit = an option with almost all of its premium decayed out of it, its only remaining...

Selling options takes it from a spec game to an insurance game, and at the end of the day your job is to say in business by keeping as much of the premium that you collect as possible.

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Guys, its not like trend following. If you want your worst month drawdown to be 10% - not 35% then just cut your losses then. Once you're short options you should be more concerned with Vol than price and an indicator as to what is happening in the trading environment. With that you must be...

That's the problem, it was a flash used term without context or definition. Because delta is first order, I'm having trouble envisioning what the alpha on delta would be.

I don't think Bright offers options, but if he wanted to chime in here that would be welcomed. Mostly, I would guess its probably because most of the firms generate a portion of their fees from transactions and there are times where several days go buy and I'm not making any of the necessary...

The only way you can get slammed (and yes I have seen it happen several times to others) - let your option go to shares over the weekend and then have the shares drop big before the open. It could go both ways, shares up on open, you'll be in black.