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If you use modern definition of scalping - day trading for small gains $0.10-$1.00 per share - then yes. When I started swing-trading, I had a rule to enter trades as close to the closing bell as possible. This was to make sure the stock didn’t sell off hard into the close leaving a nasty...

Would you mind elaborating on this? Are you saying that alpha only can come from superior analysis/information, otherwise it's just luck? Isn't timing a very big part of trading even if you have the right analysis (market staying irrational ...)? How do you deal with periods when everything...

Maybe all the options flow alert services are making it hard to enter large positions discretely?

Sorry, you are saying it’s easier to trade directionally using options? Are you using credit spreads to trade directionally? Is that automated?

Yeah, makes no sense to me either.

@longandshort, I am curious what you think about order flow concepts like volume at price, absorption/distribution, auction/Market profile, etc? Not asking if it “works”, but rather if the concepts make sense. My understanding is that Brooks is more of a scalper (taking small profits often)...

What happened to him?

What leverage are you planning to use to achieve 100%?

Long only?

Isn’t that for CFD trading? Are you saying they hook up to IB?

No, single fee. I like their multi-account feature very much. Fund transfers are instantaneous.

Nice. Good luck. So this will still be combination of automated and discretionary? What drawdown will force you to shut down trading (of initial equity)?

K, please understand I'm not here to argue but to learn. Are you saying a retailer can send a sweep order and actually get filled for more contracts than displayed? Can you do it? What platform and what type of order? IB doesn't it seems...

So my question is: can retail trader actually sweep the market? I know if you have DMA, you can sweep equities, but with options I don’t know.

Yes, you are correct. However, the idea is to be selling shorter dated options to reduce/eliminate this debit. Here’s where things might get funky depending on how aggressive I will be with short strikes. As far as max profit, it’s not so simple either :) The goal is to be left with only...

K, straddle/strangle on: Total debit: ~$4,500

That’s not the point. The point is you could convert it into anything at any point in history (elections, crashes, wars, etc). For the record, I don’t hold either.

Is this Puerto Rico? Lol