Search results

Are you suggesting that I find backers? How easy is it to find them? Thanks

The 50:1 leverage sounds attractive. I understand that it comes with risk though.

My return is leveraged. I use 2:1 margin. I'm located in Canada. I don't have access to portfolio margin. I'm with IB Canada and they don't allow this for Canadians. If you don't mind sharing, where would I find backers? I've read about traders getting backers in Market Wizards (eg Tony...

Hi all, I consistently make 1% a month in the stock market. The volatility of my portfolio is very low. I haven't had a down month yet. Would a prop firm accept my application when they see that I make 12% a year? Or is that too low a return? Thanks

Hi all, I've been playing around with OptionStrat. I have an account with IB with Level 1 approval (covered calls, and cash secured puts). One of the things I've noticed on OptionStrat is that when I add a long put to a cash secured put and turn it into a bull put spread, the collateral amount...

Hi all, I shorted Qcom the day before the ex-div and covered my short on the morning of the ex-div. Does IB notify its clients of dividends they owe? Thanks

Thanks for the reply cesfx. From your experience, what are the odds that my limit order of 1.56 will get filled if the current bid for the put is 1.19? Is it almost impossible to do? Thanks

Is it inevitable that opening gaps in the stock always create wide spreads between the option's bid and ask?

Hi all, I bought puts for Dow yesterday. I expected the market to gap down today due to the dividend. From my research, the market gaps down on dividend day 65% of the time. The bid yesterday for the DOW June 16th expiring 50 strike price was 1.41. The asking price was 1.49. That's an 8 cent...

Thanks for the reply. I received the dividend. That's why I bought the stock. But I don't know how IB could give me a price of $8 when Trading View says the stock never traded at $8 that day. In the future, if Trading View says the stock's price is $7.64 but IB says it's $8, should I just put...

Hi all, I'm new to trading and I have a question about slippage. I traded AOMR on Thursday May 18 and I used a limit order. The price I bought at was $8. The order was routed via the EDGE exchange. I use Interactive Brokers. Here's the problem: when I look at Trading View's chart for Thursday...

Hi everyone, I'm new to trading options and I'd appreciate your input. I've been trading 2 short strangles recently and have had mixed results. On Wednesday, I initiated 70/86 March 17th expiring short strangle for AMD so far with success. Today I had a $8 profit. The put is losing money while...

Hi everyone, I'm looking for a site that shows stocks making 52-week highs during the day. Is there any site that shows live data? Thanks

I enjoy looking at compounding calculators. I can turn a relatively small amount of capital into large amounts. Of course, compounding calculators aren't 100% accurate (they don't take into account losses). But it gives me motivation to keep on trading.

Hi all. I have experience paper trading stocks. Yesterday I decided to trade with real money. I trade VRTV. It was on Investor's Business Daily's Stocks on the Move list. It broke out of an intermediate base on heavier volume than usual. So far, I'm sitting on a profit. But the problem I'm...

Hi everyone, I'm new to trading. I've been paper trading stocks for awhile now. I trade base breakouts using the CANSLIM methodology from Investor's Business Daily. I've noticed that most stocks that appear on IBD's "Stocks on the Move" list have extremely wide spreads between the bid and ask...

Hi all, let's say I'm a scalper and I want to day trade the QQQ. According to my position size calculator, I can use all my trading capital if I set my stop loss to be very small (eg 0.05%). Is there a way to set the stocks preset (in Global Configuration) so that IB uses all my capital for a...

Hi all, Market Wizard Larry Hite once recommended risking no more than 1% of a trading account on any one trade. But a compound calculator doesn't follow this rule. It assumes I reinvest all my profits on the next trade. Is my risk of ruin really that much higher if I don't follow the 1% rule...

Thanks for the reply. I use Coinexx's demo account. I've been paper trading for about a month. I also use Trading View for alerts.

Hi guys, I'm new to stock trading. I have a subscription to Trading View's real time market data. My quotes for Interactive Brokers are not real time though. They're delayed by 15 minutes. If I get a trade signal on my Trading View chart and place a trade at Interactive Brokers, what will...