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  1. M

    Question about vertical call spread

    try NDX and VXX
  2. M

    Question about vertical call spread

    You want your short call to be well in the money when you get close to expiry. The spread at that point will be close to the max and you can exit earlier. On a ten point spread you should be close to 9 points if it's well the money. I would close out then in the last few days depending on how...
  3. M

    Dark Pools

    They are listed as block trades can be listed AH
  4. M

    Dark Pools

    Broker to Broker or jobber are not dark pool trades.
  5. M

    How do I avoid market glitches in the future?

    Option spreads, iron condors, strangles, straddles
  6. M

    Best programming language for trading?

    If you need a good IDE use the community version of Pycharm works with Java, python and others just makes it easy for debugging . Python add-ons for writing out Excel , has HTML parsers for scraping pages, Url libraries for downloading data. Matlab data structures, plotlib for plotting charts...
  7. M

    Dark Pools

    When a large block of stock needs to be bought/sold on the open market rather than jobbed then it is placed on a dark ecn with parameters on pricing and size and time so as not to affect market prices. Much of the dark pool you will see on level 2 with fractional pennies between spread to other...
  8. M

    What are the best short spreads for this market

    Have tried iron condors, strangles , condors on NDX and VXX at low implied volatility. In this market the IV changes too rapidly to be able to manage the spread. Was looking at multiple condors long and short on NDX one week out or maybe closer.
  9. M

    Best programming language for trading?

    Python has everything you need for trading.I run intraday scans in python works fine for 1 minute scans
  10. M

    How prevalent is quant knowledge among the option traders here?

    I think the crowd here is more into implied volatility, IV rank and very little on quant
  11. M

    Is experience at a prop firm required to be a successful retail trader?

    Join a chat room http://www.premieretraderchat.com/ you need good trading software and low cost commissions. look at optionalpha.com and maybe start trading some options on thinkorswim
  12. M

    how to day trade

    Day trading options is the same as trading stocks except you need to trade weeklies around Thursday and Friday otherwise the premiums are to high. If you want to trade NFLX or AMZN you have to do vertical spreads just to get the price down , again the best day is Friday for these as the premium...
  13. M

    Why Trading is so Hard

    Trade in half hour cycles. 9.30 to 10,10 to 10.30 and 10.30 on. They are all different.
  14. M

    Any Canadian day traders here who trade US Stocks?

    I use TDameritrade thinkorswim mainly for US options. You need aTD broker margin account with min $5000 USD and then download TOS. Can trade options or stocks no monthly charge. $7 to buy stock and $7 for first option and $1 for each additional, so to buy 2 options $8. Has level 2 and s ton of...
  15. M

    Anyone using indicators successfully for day trading?

    Pivots , most algos work on pivots
  16. M

    Best programming language for trading?

    Thinkorswim allows you to backtest strategies
  17. M

    Best programming language for trading?

    Sounds too complicated to me
  18. M

    Best programming language for trading?

    Python probably the best for working with data. Many different add-ons that have trading functions. Stackoverflow had many specific examples. Use the pycharm ide .
  19. M

    Name a better online charting software...

    I use medvedtrader charts intraday with datafeed from stockwatch. Have twenty charts up on 2 monitors, 6 portfolios . Medved has all the studies but just use 3 different pivots. Has API that allows for chart and portfolio access. I use python too read intraday prices and update a watch...
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