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Ditto Ditto Ditto, your supporting logic is your conviction, which then determines size, position risk, etc. In addition for me, I customized my own risk system, that works with how I trade.

You answered your question in point 1. If your getting 10% returns a month in this LOW volatility market, your risking a big hit on volatility expansion alone on a black swan event. In addition the same low penny spread your used to, will disappear before your eyes to absurd levels as no one...

Good luck to him. His IRA ? , he could be a millionaire by years end ? My focus is on the inter month "drawdown" of 60k to 25k in a low VIX market. Maybe the drawdown plan is to restart again with next years IRA ? :D

Ok I trade same time zone as you, I am in Central Cal. I will pass what works for me after awhile of trial and error. Staying alert used to be tough especially towards end of week because I rarely get to sleep before 11pm, due to other activities of life. So this worked for me. Usually...

There is a good boring and a bad boring, you got to figure out what applies. A good boring occurs when system is working well and it gets routine. But your head it still in the game. Bad boring is when your trading system that does not fit your personality. If your going stir crazy, and...

Yes, evolve from a Niche Cash Burner to a High Volume Cash Burner. On the short watch list.

Yep, always a trade off. When you finally get it all perfect , eventually someone will changes something somewhere, the broker, the exchange, etc. or usually in my case the Govt. Adapt and figure out how to work around the kinks you choose to deal with and make money. Good Luck to you.

OK, As stated in my more recent post, IB not a match for the way you trade. I left another broker 14 years ago to come to IB for same reason; It was not working their for the way I was trading and it was a better fit at IB. Your energy should be spent finding the right broker for you. Good...

Let me try another angle. IB has made a lot of margin changes in recent times and some have affected how I trade some products. But over all there very good for how I trade. With IB's aggressive advertising and good reputation they have found themselves with traders that are challenging their...

IB A scam ? Try an experiment: Do I have the right broker for me ? Search the worldwide web and find 5 super low margin brokers, that got the best in everything including lowest fees. Fund it with the minimum amount, trade conservatively ( if possible ) for a short time so you maintain a...

Its good your willing to put in the hard work and educate. Because to be profitable in the long run , you will have to do both. I agree with Bone Crusher. Number one trade small, small, small. Figure out what you products you "seem to like" trading and then concentrate on them. Find a...

Nobody knows when. Sooner can be tomorrow or several weeks plus. Have an action plan that fits your strategy for a downturn. If you do, don't execute the plan until market moves as planned or else you may pull out to quick in fear and miss a big rebound. If you do not have a "defense" plan (...

I used to trade a lot of forex on IB. But last year they were forced to eliminate forex to those who only had $10,000,000 in their account.

Interesting . I also quit using them around 5 years ago, and results improved. I still use them on one chart, my equity curve. There they give me a lot of clear Indications : Your in the flow, stop trading you idiot, size up, size down, pull away - your spinning your wheels, Stick with what your...

That says it all. Maybe in the future they will only take Bitcoin :D

Yes " Gold is the only safe house in the impending currency collapse " your told. Funny they will only exchange their precious stable Gold for your useless deprecating currency. ????

Sorry, there now it is readable: I am not a fan of Govt. stimulus, but it is time to use it directly on private job creation in the domestic economy. Where I live, in the daytime if you go to a gym, a walking trail, or a coffee shop ( even a fast food seating area ) it is populated with 30 to...

On equity options there is no average time to early assignment, it is dependent on lack of "time value" left in the option . If your option bid price plus the stock price you wrote are lower even by a few cents than strike you are in the vulnerable zone. On a few rare cases a stock I wrote...