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    Young trader, looking for advice regarding future

    OK, and I'm not trying to be a smart alec, but as an Australian you really should know that. Sign up for a remedial high school history class or be sure to take one or more in college. Or watch Tora! Tora! Tora! - they're still showing it on late night TV here. :D This is the kind of...
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    Young trader, looking for advice regarding future

    AEW, Prior to a few minutes ago, did you know who Yamamoto was? Answer truthfully. :)
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    Young trader, looking for advice regarding future

    Right. 15 hours a days is not sustainable. Set aside an hour or two a day to chase women and an hour or two to study for the Australian equivalent of a G.E.D. Then enroll in night school (university). As others have noted, regardless of performance (and six months is nothing) you need some kind...
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    IB weekend login problems

    Me. Same issue with TWS desktop and Android phone app. I was also able to log into the web-based account management page, and that uses the same security procedures.
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    So, no taper!

    I trade silver (SI) occasionally and didn't know Oanda had metals products. Is there something they offer that you can't get via the COMEX 5000 or 1000 oz silver futures contracts?
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    Option Spread Execution Slippage

    I don't have a direct answer to your question, but it's come up before and someone mentioned that if you're trading size and in a limited number of names (so you get familiar with them) you can come up with your own volatility model, and throw your hat in the ring as a market maker of sorts...
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    A direct competitor to IB targeting active traders

    In the article that someone posted yesterday about the ability of non-programmers to build their own HFT software, a representative from TD Ameritrade was quoted along the lines of "we're not going to focus on HFT for retail traders; our expansion areas are options (presumably equities) and...
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    The Trading Software Market is Dead

    The TOS platform is definitely worth something, but if you're profitable and spending $500/mo on commissions it might not be worth that much. You may be at the stage where you continue to keep some money there but place the majority of your trades at a lower cost broker. There has been a lot of...
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    Newbie trader's biggest challenges

    I am conducting some market research also. How does someone join a site like this NINE YEARS ago, post only four times, and keep track of a user name and/or password for that long? :)
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    I thought I had seen it all (company names)

    If you thought all the "idiot" and "dummie" books were bad, check out the logo for this firm, run by two former Susquehanna guys. They also have a sister site called OptionBuzz.com that was referenced in Futures Magazine http://www.optionabc.com/about-alex/ On a more substantial note, what...
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    The Trading Software Market is Dead

    I get your point, but at some future date, you may no longer view the TOS software as free. By all accounts, it's quite adequate and maybe even quite good, but once you start trading more frequently and/or trading larger positions, you'll find that it might be costing you several hundred dollars...
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    Oil & War

    Here's a 30-year nearby CL chart. It's a freebie from Moore Research but it's high quality - you can zoom it quite a bit on your screen and it doesn't lose resolution. http://www.mrci.com/pdf/cl.pdf
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    Velocity Futures, LLC

    True, I was aware of the Deep Discount Trading price, but DDT seems clear that they're only looking for experienced self-directed traders and the platform fees can run a few hundred bucks a month or more. Generic/Ironbeam, if their platform is any good, might be a better deal because it's...
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    Velocity Futures, LLC

    OFTHOMAS, Ironbeam on your list looked familiar. I came across that name a week or two ago after receiving a 'promoted' message in Twitter from a futures broker called Generic Trade (Ironbeam is their FCM): 59 cts commission per side (plus exch fees). That price was surprising coming from an...
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    Premium Sellers vs. Option Buyers

    Maverick, in your 2nd story, was the software unable to be tailored to individual risk limits or did the guy somehow override the system?
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    Velocity Futures, LLC

    According to the June 30, 2013 CFTC FCM report, Velocity had: $60.2 million in customer assets in segregation $1.256 million in adjusted net capital $1.0 million net capital requirement $256K in excess net capital Maybe the owners have deep pockets to backstop the firm, but that $256K...
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    Selling out of the money puts with low risk

    As noted above, it's probably not going to be worth it. - Short term capital gains taxes on selling stock options - Lots of accounting compared to what you're used to - The implied volatility in these blue chips is quite low For kicks, I looked at Pepsi. Excluding commissions and...
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    Premium Sellers vs. Option Buyers

    You're right. Their aggressive fund was worse than the S&P 500 in 2008, down 48.5% on the year and a really awful peak to trough. All three funds are having a rotten 2013. http://www.ljmpartners.com/performance-history
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    Premium Sellers vs. Option Buyers

    Yes, I think ETer Comintel has read up on them; I recall some long term performance charts being posted. Big hit in 2008 but I don't think it was worse than the S&P 500 from Jan 1 to Dec 31 (-37% I believe). LJM, Victor N. and Karen the Super Trader (if her numbers are real) all seem(ed) to...
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    Premium Sellers vs. Option Buyers

    Squilly, You must have caught Maverick on a good night. Some time in the last couple of weeks he called premium selling as a primary activity "for the brain-dead and the lazy" and probably a few more pejoratives. :p That said, I'd recommend re-reading his message carefully. He's right...
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