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Thanks for these Flapping Gums alerts. I'd missed this one today.

Buy the SPY. Sell it in 30 years. Treat yourself to a frappucino as a reward for good behavior.

If the orders are for following days, possibly you are entering the orders as DAY, vs GTC?

Daily highs/lows are always suspect on daily data. That's just the unfortunate reality. And it occurs over many data sources. Open/closes are generally fine. So you'll need to put your attention there in building a system. Not to worry. It can be done. And then you'll have greater...

I was rude. Good luck to you. We all start somewhere.

Okay, so, your system is that if the trade loses money, then you keep it until, what, it hopefully makes money the next day? And this is the pinnacle of your PhD finance studies?

What's the least risky way to shoot yourself in the ass?

If you want to trade the open, IB's OPG order is pretty efficient, so long as you are trading liquid instruments. (On TWS, set OPG - MKT, prior to the open.) Most of my OPG fills conform to what data providers are showing as the open. Any time you use limit orders, you always run the chance...

No, you haven't even scratched the surface on the pile of possible blunders. 5 more years of digging, and you'll just start to see some daylight. You can get a head start by (1) Tossing your lame indicators, and (2) Not making another trade until you have a clearly systematized reason for your...

Strategies and systems exist within market environments. If market metrics haven't changed, then you may just be in a temporary drawdown. If the market has shifted, you may need to adapt. It helps to always reference what the market is doing when developing systems. If nothing else, at...

TQQQ underlying has good volume and tight spreads, and I trade it regularly. But that is NOT the case with the options. Over time the additional costs will be a big drag on any profits, and make it very difficult for you to stay alive.

But there is a serious moral and ethical issue here. First, it was homeowners defaulting on loans and blaming bankers for lending them money they should not have qualified for. Now it's students, many with advanced degrees, blaming lenders for giving them money without restrictions. And...

I invite you to take a crack at it, and make a contribution to mankind. A few rows, a few columns, basic calculations. Thanks in advance!

I've searched for a long time for a simple, clean, mini-spreadsheet app to keep on a desktop. But I've never found one. If you do, rush on back here and post a source.

The mystery is why anyone in the senate would support him at this point, given that he was personally responsible for their loss of the senate majority as well as the presidency. Likely he has keys to a lot of closets with hidden skeletons.

Absolutely. They are two different environments for equities, deserving of different approaches to trading. Whenever I go sailing, I want to know which way the wind is blowing, and how hard, before I put the sails up. If you can factor market direction, momentum and volatility into your...

Forget the riots on January 6. Trump should have been impeached and convicted immediately following his December call to Georgia election officials, looking for help in tossing the election results. That was an exceptionally clear-cut violation of the law.

In my experience, the amount of time is less important than selecting for a specific list of market conditions, and accounting for those conditions in my trading rules. Do I need to be concerned about volatility, range, momentum, bull or bear markets? Yes, then I look for the periods of time...

At this point, I suggest that you reformat and delete that part of your brain holding information regarding options trading. Information available on options trading is generally very poorly presented. And often just trash. So the fault is not all your own. The issue here is that options...

Looks here like you are still confused. An option is an instrument, like a stock or future, that can be entered and exited at any time you desire, BEFORE expiration. Your net profit is simply the price of the option(s) at entry, less the price at exit. If, for example, prior to expiration...