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So you trade breakouts and you want to see the long term charts confirm the short term moves. Thank you, John Murphy.

Honestly this is a joke right? These stocks are almost all already over or under those key levels. Some by a wide margin. I must be missing something.

Really? What’s the thesis, stocks break out? Also no mention of profit targets..?

during Covid especially in March got every order I ever placed filled at fidelity. My only gripe was the one time early in March they opened the quotes on index options about 10 minutes after the bell. Whatever they had to sort out seemed to be fixed. With that said I left fidelity but it was...

Perhaps when the new trader watches his account travel that path, he’ll come to his own answer on how to use leverage.

Leverage in forex is great, sounds counterintuitive right. But think about what other market can you put 100 in the account and see pnl real enough that you pay attention and learn to trade. Real money emotional experience at the same time virtually no real risk because it’s $100. Liquid enough...

They are likely going to send it somewhere that makes markets in OTC. Knight capital is one of them.

TV shit the bed multiple times during the volatility earlier in the year. I had their highest priced packaged and couldn’t even get it working. It was nerve wracking.

It’s insidious. It causes nerve damage months after the fact. Terrible disease.

He’s going to end up being a successful guinea pig for Regeneron’s treatment, thus showing on the most visible patient possible the efficacy of the drug and win. But not out of sympathy.

Buying tech and buying dips is not trading

I bought calls on tlt and shorted spx using put back spreads. March 6 I was +10x from Jan 1.

Buy tlt/spy your welcome

Peter Lynch reincarnated

Lately I’ve been reading options theory by master practitioners. I like reading work by those who have done versus those who have theorized. As a result of reading work by practitioners, I unexpectedly developed more respect for academic theory. Reading, for me at least, has been a cure for my...

Nice post. Scribd is the shit too. Just downloaded Dynamic Hedging by Taleb

Your risk will be slightly more contained on a 1/3/2 unbalanced fly. It’s a debit with a double credit over the top. Probably a significantly better credit as well.

My understanding was your 5k was your risk deposit. I may be wrong.

If you want to trade equities I would look into T3 or Maverick. Maverick emphasizes options though but honestly you should learn options from a pro it will make you a better trader.

If you’re willing to put up capital you should have no problem at all. Begs the question though, why not just get portfolio margin? Or a futures account? To me if you’re putting a risk deposit you’re just paying for mentorship (which there’s nothing wrong with doing )