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How much knowledge do you get out of your 60 second scan? You need to look closely at the charts yourself to understand how the time of day, volume and news effects price and volatility. I really like using the look back feature on IB were I can pick out four hours (say 10am to 2pm) of a trading...

Basically it involves going long options and taking offsetting positions in the underlying stock in an attempt to stay delta neutral. From there you could starting selling some options to try to be theta (time value) neutral as well all the while racking up credits. When IB gets the KOSPI...

It is my belief that you can make money in "efficient markets" or if you will in todays market. In fact I have done it myself. You do not even need an "edge". You can even do it with a retail account. One of the keys is to have a positive attitude. It would be very hard to make money if you woke...

Last december I bought 10 puts on the schatz and then placed orders to buy one futures at the strike price and then at every half point interval to cover the full five point range. Every time I got a fill I would put an order to sell at a full point above were I bought. What I found would happen...

I am not trying to wind anyone up here but it occurs to me that backtesting is more of a sales tool for overpriced retail brokerages than a real trading tool. To me markets are far to dynamic to think that you can just write code and watch it make money. I would think that time spent on...

Wouldn't it be great if rebate trading was available with IB! Imagine the beauty of a long gamma strategy making credits all day and playing the midnight rally every night. And the best part is you could do it on your own without any floor manager who has never traded before telling you how to...

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I have take to saying that if you have a little bit of money that doesn't need to go into an RRSP or a program where the employer will match funds then let me know and I can set somethng up for you that a little better than a mutual fund. Although no one has taken me up on the offer I think it...

The HKD is currently trading outside of it's peg range. I used to trade it but right now it scares me to death that it could be revalued.

Here's my forecast for tomorrow. Small range until the fed decision, with a few meanders down to the 1.1800 area. After the decision traders will pick up on increase in US interest rates and the decline in oil and push the pair up 1.1900. There will likely be a few spikes above 1.1900 as...

EUR/CHF is a low volatility pair, see www.dailyfx.com

Sorry to pick on you but your comment represents what is wrong with the airline industry. As long people demand ridiculous levels of service and think that they are getting a safer flight by paying more for a ticket the airline industry will never improve. Flying is unbelievably safe, even safer...

Well, I have been tempted to short google every day since it's IPO. When it first hit $100 the multiple was out of this world crazy and I wanted to short it badly. I never pulled the trigger and to keep myself from doing so I try very hard to come up with bull thesis. I can't help but think that...

Well I agree that $1000 a share seems overpriced. Creamer make a compelling case though when he runs google's earnings times yahoos multiple. Last night he ran 50 times 9. My math is 50 times 20. It is quite reasonable to think that google will be earning $20 a share in 2010, although the...

Google is indeed tricky to value. I see it being worth $1000 within five years. However if they do not use their stock to acquire a media company the share could be closer to zero in ten years. The space that they are in lends itself to a high rate of adaptation and business tend not to become...

A quick question about cad/jpy. If I leg into this position by using jpy/usd and cad/usd to is interest calculated as if it is one pair or two pairs? In other words how many times is the interst haircut applied.

Take you money and run far away from that crooked firm you are trading with. Find a real broker with an ENC model or trade currency futures.

Iranians are Persians not Arabs, and the two groups do not particularly like each other.

Isreali air strikes on palistine perhaps?

Okay Doctor, I have a theory (I do not believe that it is entirely true but I rather use it to provide a frame work for my thinking) that Chinese demand for commodities was driven by the building of infrastructure. This includes highways, steel factories, urban housing and of course that big...