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assuming your trading exchange traded instruments, place your stop just below support/above resistance where you say "if price goes below/above x I am wrong" - there is nothing else you can do. Don't worry about HFT, GS, stop hunting, anything. Give your stop just enough room not to get shaken...

This point is often overlooked. What happens if you hedge ES with weekly index options and the market is closed for the week after a gap down? You have a big problem that's what b/c your options will expire worthless but you will still be on the hook for the loses on the futures.

I don't appreciate you giving away my PROPRIETARY strategy to the world. Thanks a lot.

Are you trading NG through NYMEX on GLOBEX. You can't be "robbed" that way like you can at a retail bucket shop. You just have to lose money the old fashion way - take a directional bet ahead of the weekly inventory report:D . Best way to resolve questions re what you think are bad fills is...

I never use ultra etfs for two main reasons: liquidity is always higher in the main product (SSO vs SPY) no negative compounding effect in main product (adam warner at daily options report did great work on his site although he no longer updates it).

Excellent point re price can always go higher. Be very careful shorting JPY - especially against one of the commodity currencies like AUD. Pull up a chart of AUD/JPY during the last major selloff and see what happens to EVERYBODY unwinding the carry trade at once.

There are a couple reasons for this: The market goes through periods where a lot of the gain/loss for a 24 hour period is made during regular EST hours and outside of them. Bespoke investment group did some great research in this area you can look up. Obviously it's easier to move the...

the last time people said this it lead to everyone reaching for yield in "AAA" paper that turned out to be worth less than s*** under your shoe on a hot day. It is what it is - either accept low/no yield and know your money is safe or risk your safe money for a few more bps. Remember when the...

What instrument are you trading?

I agree that you should work your orders. That's why it's a huge perk not having to pay modify/cancel fees like at ib although you can get credits on fills. Here's a tip that has saved me a lot of money over the years re order entry (all caps for emphasis) - READ EVERY ORDER OUT LOUD!. I...

Arnie - A couple good rules of thumb for trading liquid options: Only trade options on stocks/etfs w/ average 20 day vol of min 1 million. Your position shouldn't be more than 10% of the open interest for that strike. You can check the historical option volume using TOS (click...

Just stick to liquid options and UL's and you don't have to worry about any of this. It sucks giving up 10% or more on entry/exit. What good is a good trade if it's badly executed?

My .02 (present value may be less to some of you) is to never trade CDS unless it's on an exchange. I've read a lot on all the f*** you trades people like burry, paulson, lippman, etc made during the crash and ALL of them could be undone (and almost were) by a few simple things happening which...

gf: honey i have this pill for you to improve your performance... me: are you kidding?! i just killed it today in ES. i recognized a trend day, pyramided my position while keeping a tight trailing stop and - gf: i'm talking about your "other" performance... me: oh... here's a joke for...

"While volatility is certainly a factor in option pricing/trading, it's not as important as getting the direction right if you're buying options (ignoring pr earnings/FDA announcements, etc.). Money management is probably more imp't as well." +1. Re IV after breakout to new high on UL...

Respectfully I disagree re hedging w/ individual stocks vs indices/etfs. Say you hedge w/ a large cap (buy puts) and there is good news for that stock and it goes up 5% while the market along w/ the rest of your portfolio goes down 5% (or more). This can and does happen all the time and not...

You want to benefit from the market falling...as ari gold would say "buy puts. boom. done."

To my understanding (not a tax prof), they are NOT 1256 cars. The thieves (IRS) have not definitively stated one way or the other. If you claimed they were on your tax return and got audited I'm sure there's a good case to be made that they are 1256 cars according to the textbook def. Just...

To the OP - the battle isn't over if the option declines 50%. It's better to recover 50% than 0%. Trust me I've learned this lesson the hard way (yes multiple times!). I strongly suggest you not trade the front month unless your holding period is less than 5 trading days otherwise theta will...

+1. Given that there will be a large gap down how will you protect yourself? Stops would be absolutely useless. Diversification for the most part is useless as correlations would go to 1 due to everyone puking up positions (except for treasuries). You could trade ES options on globex and not...