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    Friends and Family questions

    Good question. Depends on which options. If exchange listed options on securities it is SEC/State, if options on futures/forex it is CFTC. You do CBOE SPDR options right? That would be SEC/State. If you wanted to migrate to the oversight of the CFTC you could consider replicating your strategy...
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    Friends and Family questions

    Sounds good. Why start with an LP and then move to an LLC? Why not LLC from the start? Maintaining an RIA registration is a pain in the buttocks. Takes time and money. Be good to run a breakeven analysis. Also depending on the state you are in your limit may be much less than 10 if dealing with...
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    UK firm

    Sounds like a scam. Would be different if they would talk about potential high returns while discussing volatility of returns and downside. And not registered? Lose their bookmark!
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    Crude is screwed, man.

    True. Yet IMHO leaving the accord is more about being pro-oil production, halving strategic reserves and drilling in Alaska. Bearish for crude prices. Also the Paris Accord is not only very long term, but also the announcement should have been fully discounted by the markets as it had been known...
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    Crude is screwed, man.

    @hhiusa today was 100% about the #s. Oil could not care less about May the ECB or Comey. This can be "proven". No statistical significant correlation between ECB announcements or the euro and oil, likewise with cable or UK election polls ... impossible to make a proper analysis with Comey driven...
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    Crude is screwed, man.

    Actually given the inventory numbers a 150 tick drop was normal.
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    Crude is screwed, man.

    A way to trade EIA (my way) is to know the forecasts and API numbers for crude and products, know how to intepret the numbers on the fly, and if very bearish/bullish and heavy volume just jump onboard with a wide stop - or a tight stop and scalp out. Its very difficult but 100% doable. A...
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    Crude is screwed, man.

    UK if you have it, thank you.
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    How much volatility is acceptable in your opinion?

    Whenever possible a trader should adjust the size of the bet by volatility. If doing so is possible, then volatility should be irrelevant for a trader - just need to place a smaller bet, perfectly doable with bitcoin. Have not traded bitcoin derivatives, so not sure on that arena, but for...
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    Crude is screwed, man.

    That would be great if not much hassle!
  11. P

    What are the most important things for Technical Analysis?

    The trend. Ice in the veins. Two big hairy balls :D I use moving averages, standard deviations and derivatives. Useful for quantifying price action.
  12. P

    stock price is not stationary data

    Discretionary institutional traders barely use any TA beyond RSI and moving averages. On the short term TA is useful for helping identify where weak traders put their stops. That applies to all asset classes, regardless of if stationary processes or not.
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    Price should take off after you enter

    Its relative. Depends on time frame. And risk. And view. Something else to consider: discretionary traders cannot be all the time in front of trading screens or if in front of screens 100% focused all the time. If looking for the breakdown moment, one may often miss the trade. Does shorting NQ...
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    Crude is screwed, man.

    Great quoteboard! Made it yourself or can I find it online? Wold like to set something similar up without having to type in all tickers.
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    Can someone share his opinion on divergence?

    Divergences are not indicators per se. Divergences can be observed across assets or between an asset's price and an indicator. Lets focus on the latter, as it seems that that is what you have in mind. And lets think of divergences between price and MACD to keep things specific and thus simple...
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    Trading Forex in the US after new Dodd-frank rule

    Do you do not know how to neither read nor write? The only poster who said it was illegal is you. You do not qualify as "others". Others provided good succinct input and advice. You instead made false statements, insulted me gratuitously, provided no legal background for anything, and simply...
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    Trading Forex in the US after new Dodd-frank rule

    Prior post should read "self-righteous". Either way I refuse to care about puny forum fights. Forum quarrels waste people's time and derail threads. The objective of any thread should be to either share information or pose valid questions and seek answers. So onto the topic at hand, I am now...
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    Trading Forex in the US after new Dodd-frank rule

    I see you unfortunately are a righteous person with intellectual limitations. Refer to post #1, where I stated "refraining please from righteous statements regarding right vs wrong. This is about legal or illegal, not right vs wrong. If legal its OK, if illegal it is not." IF LEGAL ITS OK, IF...
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    Trading Forex in the US after new Dodd-frank rule

    @dumpdapump you misread. Considering =/ intend to. I do nonetheless like to plan ahead whenever possible, consider scenarios. If my consideration were to resolve favorably towards managing client funds, then I would be intending to do so. The issue posed with #6 resolves in determining if...
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