Search results

  1. N

    Shanghai expansion going insane

    I think there will not be a crash in the china markets, at least not any time soon. Here's why 1) the entire market is controlled by government, who has absolute power to make policy changes if it feels inflation or bubble is forming. It did (successfully) to the real estate bubble in...
  2. N

    Visa IPO...Overhyped?

    this would be a very hot ipo if we were a year back. But given the current market conditions/problems and the potential pending credit card problems, it maybe not so wise to dive in head first... :)
  3. N

    Trading Chinese Yuan

    just curious as i have no experience in fx. But why is there a future on rmb when it's fixed to the usd by the government?
  4. N

    Seriously thinking turning Fulltime trader

    I stopped reading after this post.... $50k reserve, $3k monthly burn rate, 2 kids as dependent, and mortgage payment? (or included in the 3k). On top of wife pressure to succeed. Call me a 9-5 sucker, but dude there is no way i would quit my day job under those conditions.
  5. N

    iron condor on sp500 futures option help

    this is an addon to the first idea. It just further reduce the need to reroll at the cost of less profit. As you are delta neutral at the get go, your stop loss (reroll) should be hit further out depends on your gamma exposure. Easy example, obviously the numbers are approx: 1 950 put...
  6. N

    iron condor on sp500 futures option help

    how about the position close to delta neutral to further reduce risk? Using spx june option as example. strike 950 put has a delta of 0.01 strike 850 put has a delta of 0.006 if i sell 1 contract of 950 and buy 2 contract of 850, my position should be pretty close to delta neutral. I...
  7. N

    The next big bail out!

    they are enjoying their picture perfect lives with 60" plasma and bmws all on loans. While you are grinding away in front of a monitor all day losing money to the market. So who really is the "stupid fucks" ?
  8. N

    AHG - Profitable Strategy for Struggling Traders

    Anekdoten, Thank you for this, i am up to page post 240 so far. Sorry if this is already asked, but do you strictly use the tick charts? For YM, what do you think about applying your strategy to a price/volume chart with say 100 contract per volume bar? As per my understanding...
  9. N

    Had a chance to use an iPhone in real life setting: Gigantic POS

    but what exactly is apple's next big thing? ipod basically carried the stock up, followed by the hype of iphone. If you compare ipod vs other mp3 players and iphone vs other smartphones, the iphone falls far below the ipod in term of market edge. Their apple tv flopped badly, mac is about...
  10. N

    Citigroup facing further big write-downs

    i wouldnt touch c until the overall market condition improves for financials in general. If you are looking to value invest in cheap financials for long term, why not look at much better alternatives like bac, wb, leh etc..
  11. N

    Short-Term (0-1d) Straddling

    or a combination of them 1) close to option expiration + 2) major news (fed announcement or company earning) but it's still one of those strategies where you take many small losses for a few big wins. You should get a very good idea and come up with a stop loss (or profit taking) plan by...
  12. N

    Scalping scalping scalping...

    NY scalper, I know what you are saying, i am just at a complete loss how you have the time to analysis all of this while the market is moving. I been day trading the YM e mini futures for a few weeks now, and most times my scalping strategies proves to be good, just that by the time I...
  13. N

    iron condor on sp500 futures option help

    good points. One question that noone seem to able to answer me is why write options on the spx when you could write options on the sp500 futures instead for a lot less margin. This will never work if you were to write the option on spx directly. A $1,350 credit: Sell -10 SPX JUN 2008...
  14. N

    This Market Sucks!!!

    damn should had cnbc on and not my mp3 player today lol. It was so slow didnt think anything would happen
  15. N

    So how do all the "pro's" feel about not watching CNBC?

    listen to the announcements, filter out the talking heads, "expert analysis" etc.. the fact is cnbc is very useful as i dont need to look at another nugget on my screen for news. Just leave the tv on and keep an eye or rather ear on it. And cnbc usually is faster or same speed as the data...
  16. N

    iron condor on sp500 futures option help

    Not to nitpick that's still not close to the 425 point difference between 925 & 1350. Anyway my point is lets use this example: At Oct when SP is at 1580, say i sold put at strike 1280 (300 pt otm). As the SP comes down in price hitting my stop loss (be it 2x credit, or strike or...
  17. N

    iron condor on sp500 futures option help

    hi i read some of his posts, see you asked almost the same question as i did back then :) the difference is your question was more on selling options on spx directly (much higher margin requirement) vs selling options on sp500 futures. I know this has been asked millions of times, but looking...
  18. N

    This Market Sucks!!!

    so there was no news?
  19. N

    This Market Sucks!!!

    what just happened, financials went from dead to a straight line upward move. I didnt see any news? what's going on
  20. N

    Are you a sucker to invest in a 401(k)?

    does anyone use fidelity for their 401k know if there is a way they let you trade individual stocks?
Back
Top