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  1. SanMiguel

    Build small profis in the morning to take bigger risks later in the day

    Which includes drinking martinis and taking ludes. Allegedly.
  2. SanMiguel

    Application trading house CV

    No, that would be for an interview. But what else do you have on your CV? Qualifications, training, etc.
  3. SanMiguel

    Wide credit spread

    By closing it I make an immediate loss... but financed by the new spread?
  4. SanMiguel

    Why The **** Didn't You Buy TSLA Puts?

    Out of interest what was the credit spread you used? I assume this is buying a put and pairing it with a credit spread above the highs?
  5. SanMiguel

    Traders Guide 2020

    With $5 I could get someone to love me long time rather than donate it to you.
  6. SanMiguel

    Wide credit spread

    Out of interest, how do you adjust the trade? Put on another hedging trade or something else?
  7. SanMiguel

    Wide credit spread

    Thanks! And say in a 65/70 spread, stock price reaches 67 and the option is exercised. That leaves me with shares short at 65. At that point I can close the 70 call or what? I have to balance out the short risk?
  8. SanMiguel

    Wide credit spread

    So, depending on how close the stock price is a wider spread has more risk but may be less likely to hit the higher strike since it's further away?
  9. SanMiguel

    Wide credit spread

    Isn't it better to put on a wide credit spread as it increases profit? Say you: Sell a call@65 with a premium of 2 You buy a call@70 with a premium of 1. Why not buy a call@85 - isn't it going to be cheaper and therefore increase your profit margin?
  10. SanMiguel

    After how many losses do you decide you are not following your system?

    2 losses in the morning and I take a break until the afternoon session. Then same thing. So, 4 losses in a day and I close everything down until tomorrow.
  11. SanMiguel

    DIA vs futures

    Is the main benefit of futures the leverage and out of hours trading? I was thinking about trading DIA rather than the Dow mini
  12. SanMiguel

    What if option buyer exercises early in spread trade.

    Say you put a credit spread on but the option buyer decides to exercise their option early. What does the broker do, will they also auto close the other side of the spread trade or do you have to do that yourself? What if there is a time difference say I couldn't get to my screen to do that...
  13. SanMiguel

    Can you use hotkeys to buy / sell in Interactive Brokers without market data?

    The charts have "hot buttons" for buy and sell. You can then preconfigure trade size and stops etc.
  14. SanMiguel

    TSLA option writers

    Puts seem ridiculously expensive at the moment. 1 option with a strike far away at 600 is still about $9 = $1000 total.
  15. SanMiguel

    How can you even claim that technicals matter?

    That's just mean reversion strategy or fading.
  16. SanMiguel

    How can you even claim that technicals matter?

    You could also say that institutions wanted an excuse to sell so blamed the news :) As always, you must combine fundamental and technical to trade well.
  17. SanMiguel

    Competition in this field - programming

    You're competing globally on Upwork and sites like freelancer. It's just impossible because someone in India is easily going to be able to undercut you, generate lots of reviews, etc. Most firms want maths, statistics backgrounds...
  18. SanMiguel

    What size do prop traders and investment banks trade?

    You mean 5-20k shares or $5-20k?
  19. SanMiguel

    What size do prop traders and investment banks trade?

    I presume there's no liquidity issues at that size. In the millions and billions there would be... more like steering a ship than a jet ski
  20. SanMiguel

    Hedging against random flash crashes

    You're not supposed to know. That's why I'm essentially asking about insurance! A recovery is useless if you either get margin called or shit yourself and close at the bottom
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