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    Option Buying Tips?

    Always buy one expiration after the expiration you were planning. For example, if you buy the Mar options, buy the June instead. Yes, more money but often you'll be too optomisitic re time with the March. You were expecting the stock to explode higher before March but it didn't, the move...
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    Best Forex commission rates?

    1m is the 1 min, yes. Some like to look at other markets for clues, I personally don't, nor am I concerned with the news. I do of course respect the economic figures and am 99% flat before a big one like Non-Farm. If trading the 1m, there's really little time to look into anything else...
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    Newer Traders, Consider Slowing Down

    How about blaming the unintended consequences of government policy enabled to help protect people? The government didn't want small generally unsophiscated retails traders dabbling in day trading stocks because they thought they lose all their money. So they introduced the minimum $25k account...
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    Newer Traders, Consider Slowing Down

    They won't listen so they'll have to learn the hard way.
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    Rate my ETF picks

    They'll be great if the market keeps going up. They'll be losers if the market goes down. Not trying to be cute but a rising/falling tide raises/lowers all boats to a more of lesser degree.
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    Best Forex commission rates?

    1. Market makers will of course quote their own prices and keep 3 eyes on what their competitors are quoting. This means everyone pretty much quotes the same MID PRICE but you will get slightly different bid-offers. For example, right now IB is bidding at 1.3137.3 and LMAX (bid) 1.3136.9. The...
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    Paper trading for a year!

    Yes. Use the same strategy on 1m charts. You might be surprised...
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    Best Forex commission rates?

    The spread is important because it's part of the cost of doing business (along with comms). If the market is 1.3101 at 1.3102 that is double as expensive to trade as if the market is 1.3101.3 at 1.3101.8. As for being important, it's critical really because why buy/sell something with a cost...
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    Best Forex commission rates?

    I doubt it. Cable is a great measuring stick, ie the spread and liquidity. For the last few months, IB's average Cable spread is around 0.5 tick (often just 0.2), few if any retails brokers will offer that (without tricks of course). IB's commissions aren't the best, they can be beaten, but...
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    Morgan Stanley :China’s yuan could become the world’s third largest reserve currency in 10 years

    The problem the Yuan has over the USD is no deep liquidity for their bond market. The US is so liquid it's unbelievable. For example, if you suddeny need to buy $5billion in USD and then put that into Bonds, it's a done deal within 5 mins. Try buying $5billion of Chinese government debt in...
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    Why everyone thinks you can only lose in Forex?

    You're talking nonsense because the markets are the same. So if you go long on Spot and long on futures but the market goes lower, you will of course lose on both as both spot and futures decline in tandom.
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    Covered Call Exit Strategy

    Not it's not ridiclous because the potential profit and loss profile of a covered call and a short put are exactly the same. What you make or lose on the trade is irrelevant to the point I was trying to make. I only posted it out of interest because I thought that someone such as yourself...
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    Your thoughts on Bitcoin?

    That's the beauty of Bitcoin. Let everyone else offer new shiny and faster features whilst Bitcoin hardly changes. Interesting to note that none of these new shiny features on other coins seem to attract the interest that Bitcoin does. Also, in the future if there is a blockbuster feature that...
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    Your thoughts on Bitcoin?

    With Bitcoin, investment advice and technical knowledge come as a package.
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    Your thoughts on Bitcoin?

    1. Yes you can, but will anyone follow you? How will you get the network effect in play? 1. Yes, you can fork Bitcoin, but see point 1. As for the great Sir Issac Newton, of course he's correct but I don't think even he could argue that bubbles last for 11 years and counting. If you study...
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    Your thoughts on Bitcoin?

    Anonomous - it's pseudonymous and that's good enough for 95%+ of the people. Most aren't trying to hide anything and aren't doing anything illegal. If people are worried about such matters use Bisq to sell Bitcoin for Monero and use the Monero to transfer value, same in reverse. Cheap -...
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    Suggestion For Brokerage Firm With Good Customer Service?

    Perhaps, but I think they're more futures. If you want US equities then you're going to have to find an old-school stockbroker. Most brokers have gone online based. If your account is > $100k then they'll be plenty of takers, if smaller you might struggle as people just don't want to speak...
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    Your thoughts on Bitcoin?

    Hard wallet by the way is the same as a cold wallet. Basically means the Coins are not held on the internet per se, they're held on a device that's not connected to the internet and is itself password protected. So if anyone steals the cold wallet without the password, no cigar. Plus, the...
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    Covered Call Exit Strategy

    Just to get you thinking, I'm sure you've heard that shorting Puts is very risky? Well, do you realise that your postion of +200 shares and short some calls is EXACTLY the same position as being just short the Puts?
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