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  1. M

    Netflix will hit $58.50 by July!

    To you maybe. There is a lot you can understand from charts, even longer term charts. Ahh, now I understand. Personally I don't trade equities at all, I was just saying IF the OP was looking to short, I wouldn't discount the likely bounce at $80.
  2. M

    Netflix will hit $58.50 by July!

    It very well may get there but I doubt the time frame. Looking at that chart even the biggest moves are only about $25 per 2 months. Add in the probable bounce at $80 and you are looking at late August early September depending on the strength of the move. That is also assuming some news between...
  3. M

    Teaching A 5 Year Old How To Trade

    If it were me I would focus more on the hard rules of your strategy than on the why at that age. Kids understand rules like no desert before dinner and 2+2=4. They don't understand the why of the rules and they don't really need to. So I would just teach him that you buy when this happens and...
  4. M

    Help with picking a new PC

    ^^ Seems like OVERKILL. 32GB Ram?!?! The OP probably only has 8GB now and not even using all of that. Dual video cards?!?! For trading only? He is currently using a laptop that probably has integrated graphics and shared video memory. If Graphics are his bottleneck simply moving to a good...
  5. M

    Help with picking a new PC

    I will also add that if you are going to buy a laptop make sure it has dedicated Video memory, not shared memory. It is even better if it has a dedicated GPU and not an integrated GPU. As I mentioned earlier though you need to be sure it's not a network bottleneck or you will just be throwing...
  6. M

    Help with picking a new PC

    Before you buy anything, you need to understand exactly what component is causing the bottleneck. Start Task Manager switch to the Performance tab and leave that running in the background. The next time things bog down bring Task Manager back up and see what is being used at 100%. If nothing is...
  7. M

    America Needs Talent

    While our education system is bad, that is not even half of the problem. The primary issue is that too many parents are raising self-entitled little excrement for brains children that go to school not to learn, but to see how they can disrupt classrooms and to see how much they can get away with...
  8. M

    Margin Violation Warning

    I don't know about IB specifically but it might have to do with the negative cash value of the account: Total Cash (-$1,032)
  9. M

    Bullish strategy for low IV/OI?

    Personally I wouldn't be in any illiquid low OI trade. The reason is if I decide I want out of the trade later, I want to be able to get out and not get stuck with it. Sure you may can limit your risk with some plays but even then sometimes you may still need to close the trade.
  10. M

    Help with risk management...

    Sorry I just checked:
  11. M

    Help with risk management...

    Yeah commissions don't really help small lot traders as you can see. If you feel comfortable with risking 5% of your account per trade with the trade off being needing significantly less of a move to become profitable, then go for it. As alternatives you might also consider switching brokers...
  12. M

    Help with risk management...

    In my humble opinion, you should keep using the options and trade however many contracts you can get for about $260. Why $260? That is approximately 2% of $13k. If you really feel comfortable with a bit more risk then maybe go up to 5% ($650/trade) but I wouldn't go higher than that. Remember...
  13. M

    Is this a good risk management strategy?

    QFT It certainly seemed like that was true when I first started swing trading equities years ago. It seemed like I was always getting stopped out too soon. That is why I first started trading options. I would buy an equity and then buy a put where I wanted my stop to be. Prevented me from...
  14. M

    Is this a good risk management strategy?

    Stop loss orders can be a PART of risk management but certainly not the complete strategy. You also need to consider the size of trades, portion of total portfolio, plan for if the equity gaps below your stop loss, and more.
  15. M

    Question regarding selling puts for premium

    While that is true, too much size is detrimental regardless of the vehicle you are trading. I have known people that went "all in" on penny stocks and were wiped out. If you are risking more than 10% of of your account on any one trade you are asking for trouble and again that doesn't matter...
  16. M

    Selling naked puts option strategy

    Ok I will admit I only read the first 7 or so pages, but can I ask an obvious question? WHY on Earth would you let a losing naked option position get close enough to expiration to get exercised in the first place? Yes, selling naked puts and calls (ATM) can be profitable, IF volatility is high...
  17. M

    IB Charts... Alternative?

    That is one of the problems I have always had with Macs. If you buy a Mac you get exactly that...a Mac. If you buy a PC you can completely customize and optimize it for certain tasks. You can upgrade or even use multiple video cards for gaming, you can add more ram to run many or larger suites...
  18. M

    i am junkie, how can i become clean ?

    One more thing to think about. If the problem you are having with trading is the actual risk of capital but you really like the act of trading, you can always play an online fantasy stock trading game. Here is a list of a few...
  19. M

    IB Charts... Alternative?

    If you like TOS charts but can live without trading from the chart, then just use TOS for charts (since you already have that) and then trade from IB.
  20. M

    i am junkie, how can i become clean ?

    Get a World of Warcraft account. It will give you a new identity for yourself and take your mind off of trading. If you really want to trade without personal risk, I think they have some sort of market place in the game you can buy items and resell for profit in game.
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