Search results

  1. Axon

    A Love Letter to the Fed From the Adoring Stock Market

    August 21, 2020, 5:23 PM EDT Dear Fed, Hey there! It’s me, the stock market. I know it’s weird to write you like this, but I felt like I needed to drop a quick thank-you note for everything you’ve done for me this year. I mean, your big ol’ balance sheet is almost $3 trillion larger since...
  2. Axon

    [newbie question] Is $2000 enough to buy a bull put spread combo?

    lindq is right that options stops placed with your broker can execute poorly. I use mental stops especially with spreads and close out with a manual limit order.
  3. Axon

    [newbie question] Is $2000 enough to buy a bull put spread combo?

    Justrade hinted at it but I'll spell it out. GSX is $87.50 right now. By your description if you open a spread by selling the Sep 18 70p and buying the Sep 18 60p the credit will be $160 (I get a slightly different number but close enough) and the collateral is $1000. So, yes, technically the...
  4. Axon

    [newbie question] Is $2000 enough to buy a bull put spread combo?

    If you take the trade and get stopped out, how much will you lose and what percentage of your $2000 is that?
  5. Axon

    I am an eternal optimist with QCOM —-

    Don't you guys have a containment board for this shit instead of cluttering up the rest of the site? ====> https://www.elitetrader.com/et/forums/politics.27/ ====> https://www.elitetrader.com/et/forums/politics.27/ ====> https://www.elitetrader.com/et/forums/politics.27/
  6. Axon

    Trading Platforms For Crypto Trading

    Bitmex works with Sierrachart.
  7. Axon

    Realizing Trading is not for you, "Acceptance".

    Bizonacci was a legend. Wherever he is I hope he Made It™
  8. Axon

    T or False, It’s easier and faster than ever to become competent in a new skill.

    Between deliberate practice and Anki, the sky's the limit.
  9. Axon

    Buying the low of march 23 2020

    I didn't manage to catch the exact low but I did pick up 1000 shares of SOXL around 125 among some other stuff. Still holding. I'm pretty happy about it.
  10. Axon

    US regulator fines Citadel for trading ahead of retail customer orders

    Citadel Securities Fined $700K for Alleged Breach of FINRA Rules FINRA accused the company of trading ahead of certain inactive OTC customer orders. Regulation ( Institutional FX ) | Monday, 20/07/2020 | 04:52 GMT+2 The Financial Industry Regulatory Authority (FINRA) recently announced that it...
  11. Axon

    What percentage of your net worth do you trade?

    About 200% (with leverage) on an equity index trend following strategy that trades about 6 times a year. All in/all out each trip. Day trading /ES I usually take on a notional value 1/3 the size of that specific account which is a much smaller fraction of overall net worth, although the amount...
  12. Axon

    Stop Losses are killing me

    @Sequoia1321 If you keep getting stopped out on the e-mini because your stops are too tight maybe back up and test your entries with a single share of SPY. For obvious reasons, they trade mostly the same during RTH and since you'd be risking a lot less, you can try different entry strategies...
  13. Axon

    Robinhood suicide story -- unclear on Margin issues

    It's profoundly straightforward with the most rudimentary understanding of how spreads work. You sell one thing and buy another. On the chance the short option expires in the money and the long expires worthless, you get assigned the shares then they are immediately sold. The risk is the offset...
  14. Axon

    Microsoft Surface Go 2 Mini Review

    Yeah, WSL2 is supposed to be dropping very soon with a huge speed up in disk IO which was a real problem before. I think the new subsystem might have some support for graphical Linux apps too. I'm definitely looking forward to trying it out. Win10 Pro is mostly the same but one thing in...
  15. Axon

    Microsoft Surface Go 2 Mini Review

    @HappyTrader I have the same device except I upgraded to the business version with 256GB SSD / Windows 10 Pro and have had a similar experience. I mostly trade futures with the SierraChart software and the experience is virtually indistinguishable from my desktop with an Intel 8700k CPU other...
  16. Axon

    Cost of Leverage Can Be Devastating!

    The following is a funny shitpost I read on another forum. Apparently some people take this stuff quite seriously. Note: this is probably (hopefully) satire.
  17. Axon

    Overtrading: Share Your lessons learned

    @KCalhoun I backtest my system to tune my entry and exit variables as precisely as possible then never deviate from that. I never move a stop loss nor take profit and I never take a trade unless the setup is optimal. I don't overtrade because I never trade outside of these principals. Perchance...
  18. Axon

    Do you read or post on Hacker News?

    "You think I'm gonna read all that shit?" levels of pedantry?, substance-less sophisticated arguing (sophistry) posing as actionable insight?, temerity to step one inch outside of approved opinions, right or wrong? 30 seconds before [flagged][dead], Yep! Must be """Hacker""" """News""". Dang...
  19. Axon

    carpe diem

    This about to get lively
Back
Top