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  1. J

    Finding a broker in Canada

    Virtual Brokers website shows they have $0.75 per contract with a $5.00 minimum. I don't think their Cust. Serv. reps know what they are talking about because they told me that it is $5.00 per LEG. Which would mean on an iron condor, there would be $20 in and $20 out of the trade. There is no...
  2. J

    Finding a broker in Canada

    I've been paper trading on TOS know for about 6 months. I really like it and have figured out how to use the software without issue. I can pretty much do anything that I need to do on it. In the meantime, I've been trading a small live account with Questrade. The platform isn't great, but it...
  3. J

    Canadian Traders -- Tax questions

    I'm not referring to the actual tax program. I'm referring to keeping track of the trades come tax time I can "print out the accumulated amounts".
  4. J

    Canadian Traders -- Tax questions

    http://www.theglobeandmail.com/globe-investor/personal-finance/taxes/keep-your-tax-hands-off-my-tfsa/article22922076/ If you just do a search for "tfsa day trading cra" you will find a plethora of articles. Here's one...
  5. J

    Canadian Traders -- Tax questions

    I was curious for the Canadian traders out there. How do you go about tracking your P&L for tax purposes. Is there a particular piece of software you use? Do you just use Excel? Also, has anyone had any experience trading inside their TFSA? I've done some research and it seems that CRA does...
  6. J

    ThinkorSwim question??

    I can't find "arrange positions".
  7. J

    ThinkorSwim question??

    The trade price adds the price of each leg, not the price of the spread. However, I can figure out the credit profit management very easily. I'm looking to figure out what the max profit was for the strategies that I bought.
  8. J

    ThinkorSwim question??

    OK... I went through the order trade history and see the strategy I used. Red, sell and green buy. That's easy enough. Now, I can figure out my red max profit from the credits I received. How can I figure out the debits though? I've used: Iron Condor Vertical Calendar That's it.
  9. J

    ThinkorSwim question??

    I have many different strategies on. I have been building them as I'm watching TT. However, I didn't realize that I needed to track the max profit myself. Unfortunately, I'm not good enough yet to just look at my positions and see whether I sold the iron condor or bought it. I think it is...
  10. J

    ThinkorSwim question??

    Also... I don't know what you mean by OCO.
  11. J

    ThinkorSwim question??

    Yes... "Scratched the surface". But, my initial attempt was to open the program, click a few things and then close it because it was WAY over my head. But at least now I understand how to "navigate" and place trades. Is there no way to use the platform to find out what the initial trade max...
  12. J

    ThinkorSwim question??

    Hello Guys... I've finally figured out the TOS platform as I've been watching TastyTrade like crazy lately and have seen enough to be able to use it. However... After you put on a trade. TT talks about managing winners at 50% of max profits. However, what happens when you placed 15 trades...
  13. J

    Help with risk management...

    Figures! We don't get access to any of the good stuff. LOL
  14. J

    Help with risk management...

    OK thanks... but as I said said I can't trade futures in my account. the further reason I don't is because they never sleep. I had a practice account with cfds. I was doing fine intraday u til one night I left the positions on and was down 10%when I woke up. Good thing it was just a...
  15. J

    Help with risk management...

    The first reason is that I'm trading within a registered account so futures are not eligible. The second reason is because my system is based on the daily s&p 500 (cash). The third reason is because I'm just really starting to understand options much more and I'm able to trade with a...
  16. J

    Help with risk management...

    Questrade has an option of going with $6.95 + $0.75 per contract. But that is only if I'm racking up $400 in commissions per month. But that gives me Level 2 as well. Who is MB? $0.95 seems really cheap and might be a good way to go. Although, will they accept Canadian customers?
  17. J

    Help with risk management...

    Thanks, that what I was thinking... Although, your 2% is a little lower. I can get 1 contract for $260 per day typically. The only thing that I didn't like about 1 contract is the commissions. My broker (Questrade) charges $10.95 per trade for 1 contract plus $1 for each additional contract...
  18. J

    Help with risk management...

    That's what I was thinking. Althought, that would be 1 option ($260). I was Just because something goes down by $600 does not mean that is how much you risked. Risk is how much you invest, not how much it fluctuates. How much it fluctuates is volatility. That said, high volatility for a...
  19. J

    Help with risk management...

    I have created a trading strategy that seems to be about 68-70% accurate. It involves trading the SPX on a daily basis. Basically, my strategy identifies for the day if the SPX is going up or down. No targets in sight, just an up or down. From there it buys the appropriate direction of the...
  20. J

    Still puzzled about this trade

    It's been since day 1 that it hasn't performed. I knew there would be a factor of time decay, but it's been like this since the beginning for some reason. I know the bid/ask was too wide to start, so I shouldn't have placed it but I figured with how much the markets have gone down in the last...
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