Search results

Norton and McAfee ARE a type of virus!!! They can't be rid of easily either...

Here's some suggestions: 1) Let us know your exit rules (which you need to have) for your futures trading. If you don't know what they are, then I suggest that might be a problem that causes you to lose more than you should. Stops are a necessity, no matter what anyone says. No exceptions...

lo, I had the same problem. The color contrast was vicious and the fonts were too small. MTE's suggestion is the correct solution to the problem. To be more specific... in the lower right corner of your log in screen you will find the options button. Before you login, click on this button...

Accutrader' comment: Are you saying that an IC has a negative expectancy at the time that it is established? If both the sold calls and puts are say at least one standard deviation out combined with the likelihood that at least one side should be profitable and reduce any loss, is the...

Good question. Like so many good questions, the answer is: it depends. The most critical factor is how much value will be lost if the option is exercised. For example, if the stock price (S) is 95.00 and the exercise price is 40.00 (X) , the option holder can exercise and receive 55.00...

Excellent thread. It's also good for making money. I think that 1000 is out of the question for several months at least. Obama sounds encouraging, but does not understand economics any better than the ordinary Joe--which doesn't say much! Every time he opens his mouth, he reveals that he is...

increase now, time for some coffee? 400 ES points has never ever happened-- not even close-- and cannot happen. All the circuit breakers would kick in. Even during October/ November 08, the worst days were in the order of about 80 points or so. Not only that, the $500 margin is only on a day...

stock777, I assure you that my IQ is a long way above 50. You don't actually endear yourself to anyone this way. I've told you before. Let your results stand for themselves. Your reputation is enhanced by truth, sound reasoning and accurate judgements, not by boasting about yourself.

If you're looking for maximum leverage for day trading, and deltas very close to 100, then futures are what you want--index futures like ES (S&P500), NQ (Nasdaq-100), YM (the mini DOW), and TF (Russel 2000). Many futures firms offer things like day trading margins between 300-500 dollars which...

Thank you moderator for asserting order! Now, how about some specific predictions for Tues. Feb 3. Let's see who gets the closest to the closing price for ES at 4PM EST. Then we won't care who has a paper account or not. Just make your prediction before the market opens for regular...

Absolutely fascinating discussion! Here's my take. The famous poet John Donne once wrote a masterful poem that says, among other memorable phrases, "No man is an island, unto himself, alone..." Human actions are amazing interdependent. Your actions influence everyone around you, and then...

I hope we get to 10K somewhat before 2040. I'll need more retirement dough than that!!!

Stock777, so far you have been accurate. Are you still calling for a gentle rise during next week? By the way, praise for oneself is far less satisfying than praise from others. If you are right, let it stand. We will know, and you will know. (Hopefully, you are also making a profit...

Thanks, Mark By the way, I am the "MrGreen" who visited your blog. I recommend that people pay it a visit. Even though this is a bit off topic, I was referring to closing IC's at 0.20-- not opening them. I agree that 0.20 cent opens are ridiculous. It's very hard to claim that last 0.20...

One thing that can happen with the SPX is that you can really get a surprise occasionally. Today, I nearly fell out of my chair. I was closing out some puts spreads on a rolldown and the midprice was $1.85. Needing to finish up the trade rather quickly since I needed to be back to work in a...

Some comments: I agree with the above poster who partially quoted Keynes--the market can remain irrational longer than you can remain solvent! The SPX could indeed reach 1000 in January. I checked the option deltas on the SPX and they are running at 11 which means there is about a 1 in 10...

Actually, he's not being terribly rude! The truth is that serious options investors know that a covered call (which is only partly covered in truth) is fundamentally the same as being short a put. You are still exposed to downside risk -maybe to a lessor degree than just owning naked stock-...

Good discussion, guys. I want to comment on bid/ask spreads. If you are thinking about "day-trading options", then trade only in options that have extremely good volume and a reasonable spread in the bid/ask prices. Otherwise, you'll have a lot of slippage. To find options that meet this...

Mark, Interesting discussion beginning here-- I think Codetroll can minimize his option related risks if he plays fairly deeply in the money options with little time value. If his time horizon is reasonable, then the risk is primarily related to the stock price movement. I think if the delta...

Boys, I live in Calgary, Alberta, Canada, and it's freezing up here this year , and I mean really nasty lately. Our "normal" temperature for late December is 30 degrees F or -1 C. Today, it's about -15 F or -25 C, with a blistering wind chill to go with it --effective air temperature this...