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One interesting side-effect of this, is that a rather common strategy is no longer possible: Buy-Write on SPY, or Covered-Call on SPY (popular method to generate 'income' on holding the ETF). Granted there is an EU domiciled version of SPY, but I do not believe the options market for that...

A quick googling around suggests this problem has been occurring around Europe all year. Also, no KID documents appear on SPDR (for SPY) (which I would expect the first to make sure these documents are available). So it could well be possible that it may be sometime (if ever) that these...

I do agree that the lack of warning/heads-up is rather unprofessional. And it would save them the headache of answering so many questions today/this-week. Also, no heads up for those of us with > 500k balance, so it's not they only ignore the smaller investors.

Some articles on the topic: https://www.bloomberg.com/news/articles/2018-02-23/the-unforeseen-boost-to-europe-s-etfs-as-spy-no-longer-an-option https://www.justetf.com/uk/news/etf/us-domiciled-etfs.html https://www.jdsupra.com/legalnews/are-you-kid-ing-new-eu-rules-require-38108/ I've talked...

Yes, having a server in the cloud or something similar was my fallback solution, but I wanted to see if anyone tried out alternatives first. I do have a Windows tablet, but the point of the exercise was to see if it is possible to run it on an Android phone (and thus negate the need to carry...

Has anyone found a way to run the Desktop version of TWS (not the mobile version) on Android Phone or Tablet? I heard WINE is now available for Android, but not sure how well TWS will run on that. Also, given that TWS is a Java app, can it somehow be run on Android through some other mechanism...

I think the entire financial market is 'rigged' to take advantage (eat up) small time investors who are looking to get rich quick. All sorts of commissions, order flows, competitions, volume, misleading advertising, lucrative margin choices and promises of get-rich-quick commercials. Then...

Selling naked puts is dangerous: 1) Sudden moves can work against you (both in assignment, margin call, or inability to roll out of it realistically) 2) During a fast drop you might not have a liquid enough market for any stop loss orders to get executed. Selling credit spreads is safer: 1)...

I would suggest the following guidelines for knowing when you can quit your day job and do full time trading/investing: 1) Calculate your worst case scenario income -- Will you still make enough from trading that you will be fine in the worst case scenario (every trade is a loss, market...

I believe it is possible with futures that you could loose more money than you have invested. It is also theoretically to try to cap your losses (with the correct combination of options). However, if one uses 'stop sell' orders or similar, they may not get triggered in time if the market...

I agree, you should definitely consult a professional advisor before doing anything like this. And its true affect on you may not be as hopeful as described in my post (I do not deal with American taxes for example, so not sure what the rules there are). However, as a general guideline of...

Is one possibility: 1) Create an offshore entity (for example a company in Singapore with favorable capital gains tax) 2) Open bank and brokerage account for that entity 3) Run it legitimately as an independent company and all trades are executed in that company's name 4) Draw a salary from...

Might it be a good idea that, instead of trying options on futures, that you start off by trying options on normal stocks or ETFs. Perhaps do the: BUY 1 CALL BUY 1 PUT Spread on SPY. And just one. Then watch what happens? Aside from the amount of the margin, all your questions would be...

1) So from a commissions perspective, SPX is better than ES due to the multiplier. 2) How bad can margin control be, if the plan is a debit spread (in theory, everything paid up front). Will the broker make additional margin problems/calls?! Or will it just 'calculate' a maintenance margin...

Hello, Say you have a portfolio that you wish to hedge against a 10% drop that may or may not occur in the next few months. If the market drops by less than 10% in this time, the hedge pays 0$. If the market drops by 10% or more in this time, the hedge pays 1,000,000$. (rough numbers) Let's...

If you hold 1000 contracts or more that get assigned, that can be pricey... I'm not sure they are a safe solution for option traders that run the risk of early assignment (which can easily happen if there is a 4% change 30 minutes to close on a Friday and you are not at your desk). With IB, I...

Fixed income includes many instruments, including I believe US Savings Bonds which can be purchased for very small amounts. So certainly not beyond the reach of all members of this forum. Also, most US treasuries and Munis can be purchased for 'small' amounts of money (10k). It's really when...

Is there a forum for discussing Fixed Income? If not, could there be one? This would be Gov't Bonds, Corp Bonds, etc. Thank you.

The Metastock Xenith version of Eikon is pretty nifty and good value for money (compares to full Eikon). There are some very useful features missing that the various other SKUs of Eikon have. A lot around Fixed Income is missing and Macro Data is almost completely gone from Xenith. And there...

I have an Acer W3-810 that is running Windows 10 Pro and can run TWS. An 8" 2GB RAM Tablet It's not fast, but it works in a pinch. Great if you are travelling for a few days and just want to check-in and do a few transactions. There does not seem to be any tablets in the 8" range that are...