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  1. M

    how do options works

    WTF is going on in this thread? If you are trading options, you just need to keep in mind a few things Theta - Time Decay Volatility - High volatility adds a premium to options. Open Interest- should be high Lots of Strike Prices - closer the better and if you are worried about...
  2. M

    Pictures of your trading stations

    Trading, our investment club uses it alot and any of the members have access to it. It is nice to have but only myself and one other person have traded before. All the teachers think that daytrading and shorting is the devil. So pretty much it is not used to full potential.
  3. M

    Pictures of your trading stations

    Its is Indiana State I have no clue what the monitor stands are. They are pretty nice however, you can rotate the monitors 90 degrees if you had widescreens for charting.
  4. M

    Pictures of your trading stations

    Another pic
  5. M

    Pictures of your trading stations

    Here is where I trade whenever I am at school. These pics are old so don't expect F to be at 7.00 ;)
  6. M

    Pictures of your trading stations

    Here is my trading station from home.
  7. M

    Fight For Your RIght To Trade!!

    I'd let that SEC girl slap me around
  8. M

    Full service broker will not do options

    Get thinkorswim. Alot cheaper on commissions and more complex order management and powerful software.
  9. M

    Best brokerage for Cdn resident? and newbie questions

    www.thinkorswim.ca
  10. M

    Rally, and rest of week

    I like how they say that the fundamentals of the US hasn't changed. The giving away of billions of dollars is a pretty big change that they have never done before.
  11. M

    Rally, and rest of week

    This is may take on the rally today. The gov just gave the bank 250bill today. New money to play with. Do you remember what happened last time when the gov gave the backs 200bill? They rank the markets up on a huge rally then the next day they slammed it back down. Just so you all know...
  12. M

    Iron Condors

    http://www.theoptionsguide.com/reverse-iron-condor.aspx That is what I mean. Also that site has all the complex option orders and how to create them.
  13. M

    Iron Condors

    I will try to post some charts as soon as I get home to show you how I play them.
  14. M

    Do you own any penny stocks?

    Lol, well played.
  15. M

    Iron Condors

    I prefer a Reverse Iron Condor. More profit and less of a risk of major loss.
  16. M

    On Elite Trader, what is a penny stock?

    OTCBB and Pink Sheets is my best guess.
  17. M

    Long Calls/Puts vs. Spreads (Long on the Wings)

    Thinkorswim's software does it all.
  18. M

    Confused about Option value.

    You option values are determined by many different factors. Time to expiration (Theta), Volatility, and they Theoretical Value of the option for the price of the stock that it is trading under.
  19. M

    Hedge Fund Managers who smoke pot

    it helps the prices go by slowwwer. You can see them better and calms you down when trading.
  20. M

    Trader P/L 2008

    Position Symbol Price +/- Pos Marked P&L Open P&L Traded Dollar Value 0 AMD 4.118 0.00 -45.00 0.00 6,000 .00 0 AMSC 15.41 0.00 +133.00 0.00 1,400 .00 0 ATVI 13.59 0.00 +7.01 0.00 600 .00 0 BKD 8.52 0.00 +73.00 0.00 1,400 .00 0 C 14.93 0.00 +77.92 0.00 8,200 .00 0 CNB 7.85 0.00...
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