Rezo, you're doing a great job. Dont pay attention to neurotic losers, they feel hurt cause they lose trading and want everyone to feel hurt as well. Thx for your journal. Keep it up!
Thanks for all replies. I agree that I should have taken into consideration the weekend time decay, though I have always thought that its taken off on Monday morning. I also agree that delta/theta might have been lower 6 points ago.
Yeah, I understand that, but why would call delta drop if underlying is rising? Gamma shoul, too, contribute to the upside in this case. That's really bothering me. The only possible way to explain is falling VIX, but not that much.
I have a quick question.
I was analyzing SPX 1170 Feb Call trading at $5.60-6.00 and learned that delta on this call is around 0.3. Theta is -0.35.
In other words presumably if SPX gains 7 points in one day then one should expect call price to move $2.10 (7 x 0.3) -0.35(theta)=$1.75. By...
CSCO may be you wont notice switching from 1K to 10K trading size. But who's trading CSCO these days? I got burnt many times trading 10-20K of less liquid stock (more momentum)... try to get out all at once at your stop-good luck. MM will eat you alive.
Tell her to open a joint account with her other self :p
Seriously, there are professionals out to help her with her issue.
Psychiatrists are available everywhere nowadays.
I am looking forward for development of this thread. I am going to open a daytrading shop (prop) here in Moscow, Russia and looking for rates that potential partners can offer. I am Ser.7 licensed if it matters. Any ideas-you can PM me
very expensive to do partials (since they charge per trade), contradicts with my style, i have Cyber but going to close acct. Plus ECN fees are too high, if you hit someone using CyberExchange Smart routing and its not ISLD you may get charged up to $14.95-19.95 instead of $9.95. Also to make a...
Can someone test this strategy, please?
Given:
ES 5 min time frame
RSI (2)
Rules:
Long Only
Buy when RSI(2) < 2
Close position on stops
Stoploss=6 ponts
ProfitTarget=12 points
Thanks in advance
I thought so too but found that currency options are available on Globex
http://www.cme.com/dta/del/delayed_quote.html?ProductSymbol=EC&ProductFoiType=OOF&ProductVenue=G&ProductType=cur
there are any futures prop shops in NY are but who knows.
Sounds too risky for a manager to run such a shop but again I will try to look it up also. Cheers