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Or you could spend your time and effort just sizing up in your own trades and making more. Just a thought.

I don't see how you cannot understand the concept of zero sum. You introduced someone who owns stock, so you are no longer just considering the options. Yes, they both made money at the end of the day but the one who sold the covered call made money due to appreciation on the stock. He lost...

Yea, I agree with buying the shippers in this spot. The thing is, everything else is moving up right now and it becomes of question of whether it's better to buy stuff that's already shown strength or to buy a laggard like the shipping sector.

There's not a lot of good information on these boards. If you have a margin account you don't have to abide by the T+3 settlement rules, meaning your cash is freed up as soon as you sell some stock. Margin accounts vary by brokerage, but generally you need to maintain at least 2,000 dollars in...

I've used optionshouse in the past. Don't have really anything negative to say about them except their platform is barebones (no standalone software) and you can't trade some stocks (especially OTC). This was a couple years ago from what I remember. They are a small firm and will give you...

It's quite obvious that Goldman Sachs has replaced the market manipulators of the gilded age. I came to this conclusion after seeing GS calling for $200+ oil right before it took a dump last summer. Yea it's unfair that they go unpunished due to their clout but this is how the game has always...

Meh, maybe they can maybe they can't. The tape will tell any who care to listen.

Thanks for this. Always could use more $ in the pocket and will be looking to reevaluate my own use of time.

You will stop doing this once you get more trading experience. At least, that's how it was for me.

It depends where you apply to and what kind of job you are looking for. In finance, this type of background should not hold you back. Duke was a hotspot for poker players and a lot of my classmates embraced their poker experience during job interviews. They leveraged their ability to make quick...

I remember reading in Gary Smith's book about right-brained and left-brained people when it comes to trading. Left-brained people attempt to quantify the market and apply a set of mechanical rules, while right-brained people are more discretionary traders. I'm definitely a right-brained...

I have noticed this for a while now, and my thoughts on the matter is that the Chinese economy was not tied down as much as the US was with our socialist bailout practices. These kind of bailouts have a history of stifling recovery and prolonging recession (aka Japan's lost decade). It seems...

The random walk hypothesis is a joke. The markets are not efficient, as emotions cause people to do irrational things. I say this both as a trader and an academic. The sooner you can grasp this the sooner you can take money out of the markets. You are right on one thing though, ET is strictly...

The overall market can absorb any quantity of stock you own, but not many individual issues without severely affecting the price. I am of course, not talking about stocks where the market is extremely broad and the spread is a matter of a penny.

Volume is incredibly important... especially when you're speculating with a big line you can only take it in when the volume is there. Transaction volumes also give clues as to the direction of the market, as the small lots tend to be on the feather end of the arrow... There are some traders...

Pay the spread or you could be waiting all day!

Yes there are more inefficiencies in regards to pricing, but low volume makes it tougher to hold a position since you will find the market gets pushed around easily.

You could always treat the two as separate trades. Either a price level stop or a trailing stop work, I prefer manually moving a price stop for clean trending markets and trailing for moves that have gone parabolic... mmm, and when you pyramid you should build a heavy base. Your adds should be...

Sir, I believe your fear is a result of trading too much size when you first started trading. You didn't go through the experience of building up that size and you didn't "earn" it. Now you have a monthly nut you need to attain in order to live your lifestyle and you are in a situation where you...

I think they're more or less the same, but given my edge I think stocks are a lot easier. There's just a lot more information to use when trading stocks such as market breadth, etc. Yes I understand you can use that information on the ES, but I take futures to mean all futures markets... ie...