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So someone being a good trader automatically makes their software, broker, etc. perfect? :rolleyes: "Waiter! I'll have some of what the guy on the chandelier was having!"

For anyone wanting a demo of just how laughably bad TS software quality is, try this: 1) Copy the symbol for any multi-leg options strategy from Trade Manager. 2) In the Trade Bar options tab, paste it into the "Symbol" field and click the 'OCO/OSO' button (this is how you put in a normal OCO...

I'm in a Telegram group with ~40 other traders; all of us started out using TS. We've been sharing problems/fixes from the start, and most have already switched away from it. My experience with TS, both the technical and the human side, is anything but unique.

:rolleyes: "Clean interface and nice features". Well, I suppose that's one way to describe it. Another way might be "utterly incompetent UI design that was outdated in the 1980s, labyrinthine complexity, and software quality expected of the lowest bidder in the '$5-and-below' category." :vomit...

But it is the same, proportionally; you're missing the opportunity cost. If (according to Dux) he can make $100k+/week trading, then spending any amount of time doing anything at less than that during market hours is a loss. You can't scale your consulting business the way you can trading. So...

What? Don't we all take a break from our six-figure jobs to go pick soda cans out of garbage bins? I mean, it WOULD be an "additional income stream"...

Take what I'm saying with a grain of salt - I've only been trading a bit more than a year - but there are certain things I've learned on my own hide. (I've managed to not only survive but do better than buy-and-hold returns in my first year - which I'm quite proud of, given that this period...

I don't think there's a "best"; it's whatever mix of features suits you best (and whatever annoyances you can tolerate.) E.g., TradeStation has really great charting, indicators, a language of its own, and reasonably decent fills... but also has sucky tech support/poorly-informed trade desk...

I'm an Army vet, but spent 20+ years living aboard and cruising (Caribbean, etc.) But yeah, I got away from eTrade as soon as I could; between their fees and the ridiculously clunky interface, it was a real pain. These days, I mostly use TradeStation - which, BTW, has some great discounts for...

You need volume and O/I for each strike, which your platform isn't showing.

Looking at his first post, and given the initial premium and the change in the underlying that he described, it doesn't seem like that would be the reason - but this is certainly worth mentioning. A wide B/A spread, especially given lack of volume, is fairly likely.

'pip' is not something you run from a Python shell; it's a program that you run from the commandline.

This thread has drifted off into discussing volume - which, while important, does not deal with your original question. As @destriero pointed out, the reason for the price change is that the implied volatility (which is what "vol" usually means WRT options) dropped.

Zut alors! You have discovered my Secret Retirement Plan!

Note that you can't have a bull flag, etc. "forming"; that last bar could reverse and fail at the very last second, and it wouldn't be a bull flag anymore. Most decent platforms have indicators and pattern recognition built in; e.g., TradeStation has tons of that kind of thing. However, the...

"takes big heat" - you mean "gets free advertising from outraged morons who will now post thousands of comments and write screeds which will get their friends involved in reading Fox"? Yeah, that'll hurt their feelings.

You automatically become a lifetime member of r/wallstreetbets and get a (fake) gold "YOLO autist" pin.

Then I've totally misunderstood what you were describing in that post. Pardon me while I go pound my head against the wall. :(

@destriero - as usual, it's going to take me a while to parse what you wrote (usually resulting in a significant amount of learning, so it's not like I mind.) And thanks to a convo with @Wheezooo, I largely get how mark-to-market works - seeing this trade as a loss and the later trades I made as...

Hey, TBS - good to see you! I've been away from ET for a bit, nice to see you're still here. Regarding the above, that's where skill comes in; simple, trivial actions are rarely going to make you money when a problem happens. For one, if that stock drops to 70, the vol on it is going to spike -...