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I will definitely look at the dividend impact on the SPY. Thanks!

You will not find more trading volume on SPX weeklies (instead of open interests) the last trading day, specially in the morning. Expiration June 16th is a weekly.

Depending on market conditions, I day trade SPX simple call and put options, on the last trading day. Since yesterday, I noticed huge spreads from time to time. So yesterday, I was thinking that is just because of a Fed day. I don't use option on Fed day. Also when IV of the SPX and the VIX...

When you trade for a living (prop firm or you your own proprietary capital), daily, weekly and monthly risks, profit and loss, are what matters. Leverage is a tool, just a way to apply your short term strategies. When you invest in the market for growth or/and dividends, leverage is a risk...

General Partnership = Unlimited liability for all partners. Investors should be limited partners. They can't be general partners if they don't participate actively in the business. The actual managers / traders are the general partners, which is very dangerous for the managers. This is why the...

I will give it a try. Thank you. If I may, providing a way of helping at tax time for an extra fee (why not in relation with specialized tax prep. people) would be a huge improvement. You could provide new clients to these tax guys and offer a new service. Thanks again.

Hi Thiago, Looks very interesting! Questions: 1. Will it work for stocks, options, and futures? 2. Will it provide any help at tax time, specially for traders in securities? 3. Any way to keep track of a specific strategy? Like, entering a number (of a strategy) or comment at each trade...

I day and swing trade as well. Regarding swing trading, before the US markets open, I place between 10 and 20 orders (for stocks), depending on the current condition. Everything not filled is canceled as soon as I reach 10 positions. At best 3 to 4 orders a day are triggered. At worst, I don't...

I agree at 100%. We are told that emotions are bad in trading and it is why we see a lot of auto or robot style traders (not talking about HFT which is a different story). High volatility and high emotions. Short term trading = More leverage and more volatility. Day trading is usually...

Same here with a PMA. At every big increase of volatility like on the 17th of May, the total "available for trading" shrinks. I agree that even hedged trades will not change anything. This specific day, I had (successful) SXP put options, and that didn't change the margin increase.

http://www.csidata.com/ I don't know any EOD historical data more accurate.

You could try that and see if it is better: http://www.ibcharts.com/index.php It is free charting for IB.

Yesterday results of swing trading = very bad, like always during a big 1 day drop after +10 up days. 1 day total trading capital DD = -3.85% (high leverage) Yesterday results of day trading = very good (very very good actually) on SPX and volatility ETF. 1 day total trading capital DD = +5.9%...

I don't have the right subscription, so I tried with delayed quotes. Everything is fine. I checked the 4 hours and 5 min candles, and didn't see any problem that you described. I am not sure that helps. My version of TWS: Build 964.1h, May 9, 2017 2:41:12 PM Jolt Build 1.7.4, Apr 12, 2017...

Take a look of today's volatility options, like SPX, SPY, VXX, VIX futures, etc.. I hope you will have a beginning of an answer. Keep in mind that 100% on large accounts constantly or not, is just not advisable. Actually, any monthly or yearly profit goal will not make someone rich.

It is usually what people would say, not me. And when you say profitable retail trader, people will think "like me with my investment account" (during this bull market, for example). I don't like common sense. "Whenever you find yourself on the side of the majority, it is time to reform (or...

I created an LLC to segregate my short term trading activities and being a pro for the IRS. That way, wash sales don't apply (big deal for my swing trades) and in case of a big yearly loss (we never know for sure) I can deduct all of them, not just $3,000 per year. I can deduct a lot of...

Let's just say that every time I try, I mostly make confused people and even angry sometime. At best, the common sense tells us that no one can make it as a short term trader, trading proprietary capital only. At worst, day trading and being short are gambling against the rest of the country...

This is a big impact and it is why I am trying to find ways to reduce my day trading costs. So far, I try to eliminate the "predictable bad days" and don't trade those days and now I am looking for a very low commission broker on options. Regarding the rest of the costs, they are actually...

Thanks for this disclosure. I want to use them to trade options only, and obviously with limit orders.. I am not sure I will have worst executions than with IB. Nobody here tried them yet? Any other low cost option broker like this one?