Search results

Isn't it a false propaganda and BS? If I have a limit buy @ 1.45 per contact, why the hell my broker will fill it @ 1.43 unless market is falling rapidly. This is only possible when they are not fast enough to execute my order at exact limit price (like I requested). Am I missing...

I see similar spikes in charts provided by my other brokerage accounts (Scottrade & OptionsHouse). The virtual account that executed my stop was bundled with my real OptionsHouse platform. I guess you suggest that data feed that is being used by BigCharts, Scottrade and OptionsHouse is a...

More than 6% spike in the price is surely a manipulation by specialists. They threw me out from my position (in my virtual-trading account) :D Anyway, this is the reality and we'll have to live with it. How do we deal with "gunning the stop attack" in real-life trading - any suggestions...

What is your definition of liquid? Will you consider something a liquid instrument that trades Mil+ in 5 minute time-frame (check average volume in the attached). There has to be another explanation - I was also wondering about the same but could never find the correct answer.

Answering my own question. FAZ-call has unlimited upside as underlying has unlimited upside. Buying call will allow us to capture the whole upside. FAS-put has limited upside as the underlying has limited downside - FAS can never fall below zero. It would not matter much if we were...

Haha - there won't be much left to read then :D

Exactly - and that is the point. Bid/ask spread is small during regular hours because of market-makers and high volume; MM always buy (at BID) and sell (at ASK) and provide liquidity to the market (and make small spread). This spread is usually a cent or two for any liquid stock and it is...

These are 3x leveraged ETFs and do have a significant time decay. If I want to bet on FIN going down and buy FAZ-call , I've two time-decay working against me? And if I buy FAS-put, the ETF decay will take some pain out of my option decay :D So buying FAS-put should be better than buying...

Lets see what we small guys can do! Can a discount broker transfer assets from one margin account A1 to other margin account A2 without any transaction fee? Guess this workaround will provide a cheap and legal work-around for PDT. Can we request some comment from Just2Trade.com on this?

Hmm.. so this rule was never for the protection of average joe like me. I heard that bunch of knuckleheads blamed GOVT for losing their money during .COM crash and PDT was the response to those allegations. Whatever is the history - we need to find a decent solution? Props do not want...

Yes, this rule affects my existing position trading strategy too. My biggest worry comes on days when my predictions are wrong and I hit 2-3 stop same day. I'm almost done for next 4 days as I get scared in taking any new position. Even if I take one, I hesitate in putting STOP. Isn't it a...

I'm sick of those highly paid IDIOTS who sit on the executive committee and make such rules/decisions that has no reality check. This PDT rule was probably a valid protection for small accounts when the cheapest discount broker was offering $30 round-trip trasnaction. It does not make any...

If you had 2 lots of SRS in A1 then your commission overhead is 50% as you will settle everything in 1 lot. Similarly if you had 3 lots of SRS in A1, your commission overhead is only 33%. I'm also not happy about this double commission, but what are my options? MohdSalleh has already...

I'm not a full-time trader so I'm at work everyday 9-6. Not sure if any trading clients will connect through the company proxy (i tried openecry but no luck).

I understand the complication - but may be we can use some automation to trigger both orders with millisecond precision. This should be pretty reliable in pre-hours trading.

Future and Forex market is a true zero-sum game and most likely you will be fighting with very sophisticated algorithm trader (automated trading platforms). Please correct me if I'm wrong. Also what are my chances of success if I'm using a web based platform for future trading? Cheers,

What are my options? * Do not trade for 5 days after three DT is exhausted. * Do not exit the fourth position even after realizing that my predicting on market direction was dead-wrong and take a huge loss next day. * Do exit from fourth trade immediately and get flagged as PDT (out for 90...

Exactly that is the point ;-) Pre-market has larger spread and less action so you can easily sell to yourself without losing on spread. Remember there is no market order during extra-hours. Take an example - ABC has current bid/ask of 10.14/10.30, so you put an order in A1 as limit-sell @...

There can be an easy PDT workaround using two margin accounts - say A1, A2. One can go long in the first margin account A1 and latter (same day) short-sell in other margin account A2 to lock the profit (or to limit the loss). Next day, cover the short position in A2 during pre-market (when...

I meant defenders :D sorry for the confusion.