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  1. J

    " BullsEye" Indicator ...... Know when the Institutions are most likely to step in ????

    With all the free indicators available, paying for something that appears secondary in nature, not my thing. If you really want it, tell them to let you use it for a month, and if it's any good, you'll pay a discounted price. (compensation for using you as a guinea pig) Good luck! :D
  2. J

    International broker with reasonable fees and min balance?

    Reasonabel fees!…that sounds like an oxymoron :D I use Royal for both my CDN and U.S. accounts, and everything seems to be in line. I think you need a minimum $50,000 if you're day trading, but that's it. Where I find brokerages take advantage is the manipulation of the bid ask spread with no...
  3. J

    The salary you need to buy a home in your area.

    Stick a one in front of the NYC number, and I think you got it.
  4. J

    "Use Limit Orders"

    Using limit orders is playing defense (smart), and defense supersedes offense in my world of trading. Don't care if it's .01 or .05, no exceptions.:cool:
  5. J

    option liquidity

    What about a Jones or a Smith? :D
  6. J

    Broker is Messing with me.

    Or just open a U.S. account along side your CDN. That's what I have. I'm with Royal, and from time to time, I'll do a U.S. trade from my U.S. account and nothing is converted.
  7. J

    need advice on this

    You have to post numbers, so I better see what you're asking.
  8. J

    need advice on this

    Yes, if you had bought an ATM straddle, your hurdle is the cost of the two options. Back test it, and you'll see how much profit there was.
  9. J

    need advice on this

    From the numbers you posted, I'm guessing the underlier was at 142 when you bought. If so, that's a strangle you played. With that strangle, your underlier has to move, at least, $10 + 2.15 + 1.65 before any green appears. And 8% of 142 is 11.36. Your underlier just didn't gyrate enough...
  10. J

    The biggest mistake I've ever made in trading.

    I've seen the video before, and each time I still thoroughly enjoy it. :thumbsup::thumbsup:
  11. J

    Some questions - bucket shops and stats

    I say this kindly: after eight years of trading, you know the answers, and if not, time to hit the books. Cheers!:cool:
  12. J

    How can a self-employed trader get a mortgage

    Try something like "go fund me" or pitch your business on Shark Tank (Dragon's Den in Canada) Good luck!
  13. J

    UBER

    I recently heard this on the Shark Tank, "I never invest in a service business". Not sure which one said it, but very eye opening. Uber, though worth billions, is starting to remind me of the 2000 bubble year. Unbelievable valuations with no real earnings. I'll stick with Apple and the likes.
  14. J

    Is Options Trading Investing?

    I mainly use put options for hedging, in ER season. Don't think it's gambling, just trying to protect the situation.:cool:
  15. J

    Educational Advice, Please

    If you're looking for a good grounding in business, check out "The Ten-Day MBA" by Steven Silbiger. I have the first and fourth editions. Steven is an excellent author, and laid it out for even the average person to understand, and at times very entertaining. The best chapters to read for what...
  16. J

    Painful Market Lessons

    Been there, done that so many times, if I wasn't an adult, I'd start crying big alligator tears. I know this sounds so cliche, but, buy low and small, and wait for "it" to come to you. Defense first. I still have to smack myself around (not literally) from time to time for a reminder …buy low...
  17. J

    Covered Call Trading Tools

    If you dabble in CDN stocks, http://www.m-x.ca/marc_options_info_calc_en.php is worth checking out. I found covered calls too frustrating, was getting assigned.
  18. J

    Why are auction market prices based on volatility?

    Option greeks are formula driven based on arbitrary IV (implied, MM guess). If options were based on HV (facts) alone, it would be so much easier to show a profit. IMO.
  19. J

    I'm losing money and can't stop. How do you be patient?

    If you keep losing money :banghead:, you'll eventually get the message. Good luck!
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