Search results

Your story is painful. But before you spend money on attorney fees, carefully and objectively read your broker agreements. Unfortunately, given all the issues of that particular time period, and the instruments you were trading, the broker probably isn't going to be held responsible. At least...

History? Buy and hold.

One can pay real money to live in a virtual world. Or, one can pay virtual money to live in a real world. The choice is yours. Isn't freedom great?

Nothing at all personal. And thank you for the compliment. The value of this site is that those of us who have been through a few wars can share information that may, from time to time, be a little helpful.

You're expecting an increase in IV. Ain't gonna happen.

It's those darn Greeks. They can often get very greedy just when you're not looking.

Yep, risk is limited only to 100% of your investment, when Vega crushes you like a cockroach.

IB probably did you a favor, given that GME's IV is likely to shortly get crushed. Vega can be a bitch.

You need to get off your current path before you do something stupid and blow up your account. It can take years to master trading, and you just don't have that time right now. You question your intelligence. But right now the truly intelligent thing is to slap yourself in the face and man...

I developed an indicator that's served me as well as anything. I call it 50x50. Which means, 50 bars of a 50 period simple MA that's been rising, and I am at least 50 days into it. For example, using daily bars, at present I want to be 50 days into a 50 MA that has an upward slope. MA 50...

Go to the link, and forward to 3:50. Melania's very funny farewell.

In the depths of the great recession in 2008, when the public was clamoring to punish 'Wall Street' and congress was looking for new revenue sources, an FTT never made it to the floor of the house for a vote. So don't be so certain it will happen.

So funny! A perfect parody of the Robinhood key demographic.

Okay smartass, what market environment do spiral stairs represent? Or L-shaped stairs? Riddle me that, will ya?

Think of a ball bouncing down a flight of stairs. The overall direction - momentum - is down. But it will bounce on each step of stairs - a measure of volatility. Thus, a longer term trader can be trading momentum, but shorter term is looking for volatility. They aren't mutually exclusive...

That will impact general market dynamics, thus altering the entire trading environment.

Studies show that only 99% of intraday violin players are profitable.

I suggest you stay clear of VIX derivatives until you've carefully considered all the risks, of which there are many. Most of these are highly leveraged to an index which itself can be explosive. You especially want to be careful trading these ETFs/ETNs overnight, or intraday without clearly...

And who would have thunk it? We'll stay tuned. Just keep in mind that they're going be looking under every rock for new tax revenue. I'd still be surprised if an FTT doesn't come up this year.

Entering at the close will put you into a position overnight. Unless I have a strong system that specifically calls for an entry at the close, I will usually wait until the morning open. I don't mind giving up a few dollars of profit for reducing risk. And entering prior to a close, when your...