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    looking for good options broker

    Surprising! Where did you get great reviews about Zecco? Anyway, world will be a different place if everyone think alike. (think about everyone wearing red shirt, blue trousers and driving yellow car). IB was my 5th broker and I never looked back. OH is also great and I guess hybrid...
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    looking for good options broker

    It's your money so you can do whatever you want!! I felt that money management is somewhat tougher with less than 10K account. Remember, you can easily lose 20-50% of trade lot with options and your max risk should not be more than 2% of portfolio. How will you do it? Good luck.
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    looking for good options broker

    MEMBER FIRM PROPRIETARY SLIDING SCALE (11): Above 950,000 2 cents So, someone will have to place 500+ contracts per trade on consistent basis to make them go in loss. Very unlikely.... Also routing kickback :-) Now it makes some business sense.... Still for high priced stocks/options...
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    looking for good options broker

    This is a new information for me. Thanks for pasting the link, I'll check them. So guess a hybrid setup will work great. IB => small lot of stocks & options OH => big lot of stocks & options Cheers, - SU
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    looking for good options broker

    THERE IS NO FREE LUNCH - SPECIALLY FROM A PROFIT MAKING ENTITY. *** THERE HAS TO BE A CATCH *** If you don't agree to this - you sure live in a dream world. Exchange charges per contract fee, so it is common sense that anyone giving you flat rate is relying on combination of...
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    looking for good options broker

    I guess the broker selection depends on your account size and trading volume. This is my recommendation Less than 10K - stay away from options 10K to 40K - InteractiveBrokers 40K to 100K - InteractiveBrokers 100K+ - InteractiveBrokers Sorry! but I don't believe in flat rate...
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    success in stocks = success in options?

    I can't believe that someone with 3430 posts on ET is asking this question. Are you really bored and kidding around?
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    Weinstein Trading and Fading

    The guy is DEAD - http://www.bloomberg.com/apps/news?pid=20601087&sid=a3l2uBXSrzkM
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    Weinstein Trading and Fading

    Someone who has low opinion about about short-seller should read this book first - http://www.amazon.com/Art-Short-Selling-Marketplace-Book/dp/0471146323/ They are the most daring people among the trading community. Imagine what happens if they are not around (or short selling is made...
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    Weinstein Trading and Fading

    This is great news :-) Good luck Bob. - SU
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    Weinstein Trading and Fading

    Bob, Sorry about your loss. I too wish your account a speedy recovery. I'm confident that you'll flat it in no time. Best of luck :-) - TraderSU
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    A 70k bet that I can't make a 50% gain in 2009

    Just curious, where did he go?
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    Why The Fed MUST Be Abolished

    +1 ; You can't fight the GOD.
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    FAZ/FAS math

    If you ever traded these ETFs, make sure you check this. http://www.direxionfunds.com/pdfs/annual_report_043009.pdf Page #7 clearly states that money invested in FAZ/FAS lost more than 86% since inception (as of 04/30/2009). Forget about MATH of compounding and think over this 86% that...
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    FAZ/FAS math

    These 3X ETFs are legal SCAM. Any sensible investor should avoid buying them. Avoid them in all conditions specially if you can't day-trade. Don't donate your hard earned money to these ponzi players (Direxion Funds). If you really need leverage, consider playing on XLF (or other SPDRs)...
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    Selling covered call on ETFs

    Friend, check the risk reward graph for followings... * Covered Call * Naked Put They are exactly same... And you pay lower broker commission for naked PUT. Consider playing with this tool http://www.samoasky.com/ and please buy Mark's book "Options for Rookies". The examples given in...
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    Selling covered call on ETFs

    At least this chart does not tell the same story, please click the link below and pick 5yrs. S&P 500 Covered Call Fund Inc. http://www.google.com/finance?q=BEP+.INX May be this is company (IQ Investment Advisors LLC) is doing a lousy job of managing BXM strategy. Is there any direct...
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    Weinstein Trading and Fading

    Look for "Unbundled North America" at following URL ; Bob probably falls in 3M-20M slab. http://www.interactivebrokers.com/en/accounts/fees/commission.php?ib_entity=llc Cheers,
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    A 70k bet that I can't make a 50% gain in 2009

    Does this look HOPELESS to you? Let me see your journal... He just had a bad day (like any other successful trader). PS: Humpy just edited his post and made it more hilarious. - Su (yet another geez fan)
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    A 70k bet that I can't make a 50% gain in 2009

    I invented the AIR that you breath moron.
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