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  1. mushinseeker

    I just realized what's wrong with us..

    the problem is not mtm but marked to model...which happens to be...suprise ....their own.!!!!
  2. mushinseeker

    can options replace a prop firms for doing this?

    If you are a good pairs trader able to capture $1 moves in pairs then it would be ok to use options and even hold them overnight for better drift away from your entry price. Anything smaller than $1 in underlying would make options not as optimal. the spread alone save for the options which have...
  3. mushinseeker

    Broker with sterling trader pro

    Sterling is used by Echo, Vtrader Does anyone here use Sterling in a Vista box? i've been programming my API in a vista box with their demo. Now that I am ready to go live, I can't get the real stuff to work. I call tech help and they said they don't support Sterling w Vista. Thanks
  4. mushinseeker

    Gamma

    Selling cheap gamma is the best way to generate regular income up to the point where you think you are a good trader. Once that point is reached, you will then size up only to discover that your previous months gains were just borrowed at a steep cost. Trader then decimates account, size down ...
  5. mushinseeker

    Nymex Purposely Manipulating Oil Volatility?

    Check out this book published about 15 years ago which detailed the hunt brothers foray into the silver market. Their plan was to use their pnl of their massively long futures position into buying even the mines themselves which would have effectively cornered the market. One day, the COMEX...
  6. mushinseeker

    Choosing a safe firm

    They were not even supposed to exist for they were an end-around attempt to get around Reg T. There was an SEc enforcement letter a while back which detailed such. In fact, it was discussed ad nauseum here in ET threads started by an accounting firm, threads going back and forth, a conference...
  7. mushinseeker

    Poll: Is it humanly possible to capture 3x ATR everday?

    Capture 50% of ATr and u can be rich!
  8. mushinseeker

    Alaron changing Day trading margins?

    exchanges change margins requriements all the time. IB just changed their week ago. I know of prop firms that politely asked little cap traders to leave due to mkt vol. Normal course of business.
  9. mushinseeker

    Choosing a safe firm

    The type B types were pretty much outlawed by an SEC sweep maybe 1-1.5 years ago. Type B nowadays are really under the radar. They can't get big enough to be noticed by the SEC again.
  10. mushinseeker

    OTM call cost more then ITM!

    if that is the case, sell as much as your position limits sicne u will make a killing . Just b prepared for it to be busted .
  11. mushinseeker

    Am I screwed?

    captain, check your post again.. You said u bought 50 calls but then you said what will happen to my 55c
  12. mushinseeker

    NYMEX floor clerk

    If you can clerk at a nymex option trading firm, run don't walk to that opportunity. There is a big diff between clerking for a local and hoping to get in the ring vs. joining an option mktmaking firm and learning options then getting in the ring. Being a floor option mkt maker enables you to...
  13. mushinseeker

    NYMEX floor clerk

    After disbelieving the "floor will be extinct in 3 years" mantra for the past 15 years, I do now, tend to believe that the days are numbered for 2 main reasons. The exchanges are now public companies -not as beholden to the old boy's club as 3 years ago. One day, a firm with deep pockets...
  14. mushinseeker

    OPRA Hell

    Does anyone here know how to get hist vol or avg true range data of a stock thru excel DDE? thanks
  15. mushinseeker

    OPRA Hell

    Can anyone explain to me the rhyme or reason behind the ORPA symbology particularly the last letter which represents the strike price. There seems to be a lot of exceptions or inconsistencies specially the odd strikes like 32.5, 47.5, etc. I am going nuts trying to request data using the...
  16. mushinseeker

    Directional spreads

    Any vol surface screwed up by fda plays, earnings, news pending would give you a much better payoff than a simple long call scenario--provided you know how to take advantage of it and most improtant-manage it.
  17. mushinseeker

    Strategy For Unknown Direction

    1st. google "Cottle slingshot"-a strategy involving long strike 1 and short 2 or more higher verticals. 2nd get "Market Wizards part ?. It has the interview of John Bender which you might find interesting. 3rd. Look up short calendars with staggered strikes, nice payooff window. ex. Long...
  18. mushinseeker

    ACD--Is it the Method to The Madness?

    Why do you tend to doubt it? Just curious. I was 20 ft away from Eric Bolling saying flat out he uses it to trade nat gas.. I can't see why he would need 'endorsement money' from Fisher . He can certainly go to any clearing house to clear his trades.
  19. mushinseeker

    Martial arts & trading

    Regardless of the art you pursue, most of them attempt to train the student in developing focus,etc. I can't see how it can hurt your trading. At the least, you will burn calories which helps you cope in the drudgery of looking at the screens. http://en.wikipedia.org/wiki/Mushin Re: Aikido...
  20. mushinseeker

    Where Do Props Set Up Shop?

    I think the only way you can get the risk based haircut or leverage is by being an exchange member. Not to mention clearing member rates vs. non-member rates.
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