Search results

  1. Z

    Notice To All Members From Moderator

    andrasnm and others, I understand your concern about my deleting your thread, and I can only say that my job as a moderator requires me to make personal judgements on a case by case basis as to whether a thread or post could be considered as falling under one of the guidelines I described...
  2. Z

    Notice To All Members From Moderator

    Having received more questionable post alerts than I care to count regarding infighting, bickering, profanity and personal attacks on the Elitetrader boards, I would like to make clear to all board members that from this point forward I will be incredibly strict on all threads on boards on which...
  3. Z

    Terrorist Attack on World Trade Center NY

    If you want a truthful and well informed discourse on Israelis and "Palestinians", and why the US is right in its support of Israel, check out this link: http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=15066 Here are excerpts: If you believe what you read in most news sources...
  4. Z

    **Patriots First...Traders Second**

    Amen to that, brothers. I will be closing my put option positions and buying stocks outright (I might hedge with option collars). I will be proud and happy to do my part to invest in America.
  5. Z

    Tommorrow's Trading?

    While these considerations are truly incidental compared to the magnitude of the loss of life and implications on the American way of life, I believe the governing market bodies should keep the markets closed at least for a week. The spectre of not just US investors, but more importantly...
  6. Z

    Terrorist Attack on World Trade Center NY

    I offer my sympathies to anyone involved directly in this tragedy. I hope all my fellow traders and board members here are safe and well, and I pray for all of us and for the United States of America.
  7. Z

    Fighting the unwinable fight.....?

    While there are admittedly larger spreads on options, my time frames on these positions have been usually more than a week, and in some of my current positions 3 weeks. The price appreciation I get on the trades that have gone in my favor far outweigh the losses on the spreads and the bad...
  8. Z

    Fighting the unwinable fight.....?

    Lately I've been swing trading index options rather than individual stocks. It's the only way to get the kind of movement I like. Trading NDX and SPX puts has been very profitable. While most of the time I trade based on TA, I have to say that I don't believe we've even remotely seen the...
  9. Z

    Important

    OK gang, let's move on and let this thread die. There is nothing more to be gained or gleaned from bashing and speculating on TradeRX. Thanks.
  10. Z

    IB & Options

    Yes, you can trade QQQ options with IB. Don't go by the demo for the range of instruments you can trade, as the demo is limited in what it will display.
  11. Z

    Selling far OTM options on expiration day

    Unless you're selling a ton of contracts, it turns out to be chump change, since on expiration day any OTM options are going to be priced at next to nothing. Only the most volatile stocks would have OTM options that would have any decent premium left on expiration day to sell. A current...
  12. Z

    Percentage gainers, data needed each morn.

    Realtick should give you what you need. http://www.realtick.com
  13. Z

    You won't get rich daytrading - my story

    Firstly, to spud, I take issue with your comment directed to the senior members of this forum. To augment praetorian's response, one reason I have the time to post and spend a good amount of time at these forums is that I am a swing trader who does not need to watch my trades tick by tick all...
  14. Z

    NYSE To Trade QQQ, SPY And DIA

    It seems to me that with these tracking stocks already trading on ECN's such as Island, the addition of trading on another exchange such as the NYSE simply gives a trader another price and routing option for their trades. So in my account with IB, I can pull up the AMEX, NYSE and ISLD routes...
  15. Z

    Historical Intraday charts

    You can get intraday charts up to 5 days back I believe for free at http://www.wallstreetcity.com.
  16. Z

    my story

    While we're all baring our stories, here's mine. I got started in Fall of 1999. At the time I didn't know a bid from an ask, much less anything else about the stock market. Being a musician, I happened to be one of the charter artists who signed up with MP3.com. Well, they offered their...
  17. Z

    Death Blow to DayTraders

    traderkay, To clarify again, those with less than 25K will still be able to use margin and go short, just not as daytrades. So if you're an investor or multiday swing trader, you will still be able to go long or short just as you did before regardless of your account size.
  18. Z

    What is a bullet ? Serie7 for european people?

    Here is the link to a thread that outlines the technique: http://www.elitetrader.com/vb/showthread.php?threadid=1229 To briefly summarize, it is a way to short a stock without being bound by the short downtick rule. You purchase the stock you want to short, then simultaneously sell a call...
  19. Z

    Death Blow to DayTraders

    shyhh, I believe that if you slip up and get slapped with the daytrader label, if you do not daytrade for 90 days you will no longer be considered a daytrader. As far as separate accounts, as long as each account was under a different name (I guess you'd need to have some trusted family...
  20. Z

    newbie needs a critique

    Blackjack, The main reasons your situation is not advisable is that as you mentioned it ties up double the amount of money for one position, and for a relatively tiny return (the only profit potential here is the covered call premium). In addition, you're looking at having to have two...
Back
Top