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  1. mervyn

    Wealthy people are renouncing American citizenship

    I generally have no issue with US taxation, however I want consistency in tax rates and get rid of state and local tax. I plan to leave US tax jurisdiction at some point in the next 10 years.
  2. mervyn

    4 in 5 vaccinated Americans blame unvaccinated for rising cases

    Unvaccinated people do not wear masks. They don't care about others. They spread the virus to communities. Enough said.
  3. mervyn

    CL short term price bias with quantamental approach

    I trade CL frequently, just look at the 5 min, 30 minutes chart. World events are such that for oil, all charts are out of windows. Can the chart explain 1.69% just this morning I am looking at?
  4. mervyn

    ES Journal - 2021/2022

    Only made 11 points on ES today, bought too early in the morning opening. NQ however zapped 90 points and down all day. Will wait to see how Asia market does.
  5. mervyn

    Trade of a lifetime- Shorting treasury bonds

    zn just hit 1.22, look at the 5 minutes chart today.
  6. mervyn

    Trade of a lifetime- Shorting treasury bonds

    I think ZN could test 1.22 in coming weeks, and will try as high as 1.092 until this delta number is peaked. In the meantime, Powell's job is on the line. I don't want to short anything but to sell covered trades to lower overall basis. Don't want to carry index trades longer than few days...
  7. mervyn

    Work visa application to trade CME futures from Chicago

    Unless you are doing HFT, no need to locate next to the exchange.
  8. mervyn

    Trade of a lifetime- Shorting treasury bonds

    You may be right to short, zero volume on March 22 contracts, but I don’t see a yield crash scenario by q1 next year.
  9. mervyn

    China will fall behind around 2020-2030

    I guess you guys on this forum didn’t go out much. I have been doing business with them since Asia financial crisis in 1997. The circumstances were changing but their ambitions are not. Think about People’s Republic is another dynasty, they are recovering and stabilizing from the fall of last...
  10. mervyn

    ES Journal - 2021/2022

    Oh well, extraordinary red candle on NQ at close gave me just 100 points up and down movement today since I placed limited orders, but only zipped 36 points on ES. taking tomorrow off and be back on Sunday night, it is a very good week.
  11. mervyn

    Question about the naked puts selling with leverage

    all of the forumers are telling you no, then the answer is no, you won't survive. the broker either will send you a margin call or directly liquidate some positions to bring your balance to initial/reg t compliance.
  12. mervyn

    Question about the naked puts selling with leverage

    Call Price + Maximum ((20% 2 * Underlying Price - Out of the Money Amount), (10% * Underlying Price)) IBKR has a page as reference, assuming other brokers are more or less the same. https://www.interactivebrokers.com/en/index.php?f=26660
  13. mervyn

    Question about the naked puts selling with leverage

    two magic words, initial margin and maintenance margin
  14. mervyn

    ES Journal - 2021/2022

    close nq 14947, 100 points zipper
  15. mervyn

    ES Journal - 2021/2022

    nice dip, now bouncing. L 4376.25 and 14847 respectively.
  16. mervyn

    ES Journal - 2021/2022

    fomc tomorrow, likely a quarter percent drop 2pm tomorrow, go short on es and nq for now.
  17. mervyn

    ES Journal - 2021/2022

    stop out ES 4405
  18. mervyn

    ES Journal - 2021/2022

    closed nq short 15055, nice overnight profit
  19. mervyn

    AMZN - Earnings Thursday July 29 - My prediction and trading idea

    AMZN has been trading sideway for the last year, don't think 4000 can meet.
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