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Just a note: Marty Schwartz, one of the greatest audited traders of all time, stated that he made his profits about 1 out of every 5 days. The other 4 out of 5 days were more or less break even days for him. He would most likely fail the combine with those results according to the rules...

Long FB, short PIEL--supposed to be market neutral but PEIL falling like a rock.

wow, was at pg 7 and decided to jump to the end for this disappointment; but still a lot of trading wisdom mixed in with the perversion

currently--12:21 EST--down over $4

How long can gold and dollar both go up? Usually not very long.

I am only looking for $3 down; i probably would not short a higher open and run up, only a lower open and some downward movement; my reasoning was to find a stock that still rallied the last few days, lagging to recognize overall market weakness...but yes, trying to short a strong stock just...

I think you could day trade futures options, such as the e-mini S&P, but I don't think you would get near the needed liquidity such as in SPY which could theoretically be day traded. Check the volume/liquidity, that is the whole key, with tight spreads. Good luck. Generic Trade is only 59...

Mysteron, Appreciation.

even for just a $3 pull back in such a market?

3D Systems: DDD Rallied yesterday when market was going down, maybe a hanging man candle formation now on daily: http://stockcharts.com/freecharts/candleglance.html?ddd Intended just as a put option swing trade for few/several days, maybe for about $3 down. Best if it opens slightly lower...

I guess the long call option time decay (you lose it) is offset by the short put option decay (you gain it back), so there is virtually no theta to be concerned about.

how about doing further research to determine if the second entry can be modified for greater odds; ie, maybe it works 22% better if taken only on Thursdays when the 33 EMA is up, etc.

huge thread on this "My Option Trades" started by Ryan Patrick

losing 0.6% is not "big" for options trading

quote from your post: "If my stock continues to drop after I buy it, then I would have as much capitol as possible to buy more as it drops." continuing to buy more call options as the stock price continues to drop is called averaging down, and it will work in a bull market, but in a bear...

Really good call on CAT so far, up nicely today. I think UPS is another one.

Yes, correct, and you need $25k for day trading.

By the way, Ryan, I applaud your courage to post your successes and failures for all to see. As for "what else is new?": Ryan's account is up about 100%, that is what's new.

Good luck on these trades, Ryan. I have not been here for quite some time... Wishing you success, Bryon ps, i got some APH calls myself, thanks (IBM too overbought on weekly chart, ISRG too rich for me)