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Yep. The rich do more consumer spending than the poor. They have huge pools, huge mansions, and huge expenditures which all help grow the economy. The more rich, the more consumer spending, the more jobs. If everybody in USA was rich, we didn't need credit cards or loans to get consumer spending...

free market advocated are the same as democracy advocated. they don't truly understand the subject matter at hand. Democracy is freedom? Think again. Democracy in a prison, would that work? Ofcourse not. Another example, Kosovo. We all know the Serbians aggression and murder spree caused the...

i got it wrong!! the strike is 20, not 45!!! then its free money!!:D

its the sell in may effect, but it was overdone. Don't know how long the pullback will last, but we will definately make new highs sometime next month or this month

I am new to options but an option strategy combined with stocks is best i think when writing options. for example if you want to own stocks, sell puts, it gives other people the right to sell at the strike to you. So if you want to buy a stock at a certain price (strike) naked put is great...

i just sold some puts.. because its a bull market. wish me luck! :D i mean im minus puts at IB, so its like i wrote puts i think

I just found a free money options strategy. 100% risk free, you won't believe your eyes. Lets say you have a stock trading at $20. Write a put against the stock, strike $45, and sell the option for $25. This way the option it right at the money. What do you guys think? A good strategy no? :D

I executed at 0.25 and then it went through at 0.24. weird! I did had to cancel the first order though so i cost me $1 or so in cancel fees.

America was made with fraud http://www.alternet.org/module/feed/mobile/?storyID=146674&type=story The internet was made for child molestors http://market-ticker.denninger.net/archives/2258-Why-I-Write-Tickers-And-Run-A-Forum.html

That's racist...:mad:

leverage and hope to get lucky then leverage the 5k you get to 50k, then to 100k. When you reach 500k, you can trade like a pro with controlled 20% a year with almost no chance of blowup

I just bought 2 YHOO calls for 0.24, $48 total, and orders are not getting filled!! I am buying at the ask and not getting filled WTH! But if I cancel order I have to pay fee. What's going on with IB???:confused: :confused: :mad:

Nobody has protection against that. When shit hits the fan, it will really hit the fan.

The solution is simple. Halve minimum wage. In trickle down economics, this will essentially create not even double but TRIPLE the amount of jobs the USA has. Vote for trickle-down. Cut taxes on the rich by 50%. The rich should pay a flat tax aka $5000 flat tax a year, just like every other man...

Sure you can live frugal when you start full-time trading. But if you were really serious you would start being frugal when you still have a job. You would be frugal every year that you have had a job. You would be frugal as a way of live, to attain the dream of trading for living AKA becoming...

Aren't greeks useless for option trading, because they become worthless when volatility changes?

Oh I SEE! :D The screen loaded so slowly I thought it was blank. But if I waited 10 seconds the chart shows :) Also about my question, I am very serious. I need to know because I've never bought an option before. I just want to buy options at first to test the waters, but don't want to...

I don't mean stock charts, does IB have option charts? Also if I expect an out-of the money option to expire very close to the strike, do I need to manually close the position to limit risk, and how do I do that? Do I exercise or sell the option, but is there a third option of telling IB not...

Where are they?:confused:

Trading is not freedom. Money is freedom. With daytrading you are occupied 6 market hours and at least 2 analysis hours a working day. You are talking about something different than I am. I am saying that living frugal to add capital to trading is totally stupid idea. Most people who go into...