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Buy the euro?

http://www.google.com/finance?q=NYSE%3AGET

No the daytraders don;t use their heads. Time is equivalent to salary. If 90% of investors lose, and so do 90% of daytraders. Then investors still win. The reason is investors spend almost no time on investing. Most daytraders DONT ACCOUNT FOR TIME SPENT A.K.A SALARY. Most daytraders dont...

They want people to trade the emicro futures thats why they ban bucketshops.:D a good thing IMO the only reason people dont trade emicro is because high commission and low volume. When people are forced to trade emicro then that contract will really kick off.

I came up with a new strategy. On the day before expiration, sell a ITM put and hope you don't get exercised. Good plan no?:) If the gamble works, thats free money!

OMG, im out. Thats $300 down the drain. Damn I shouldnt have bought a call but a put.

You're wrong. A resurgence back so that ITM puts become worthless is a good thing. Because now his long position is worth much more! This is in case OP op long 119 put and short 114 puts. The 119 gives right to sell at 119.. if this put becomes OTM then he can just sell the stock at 120+ and...

I thought I could predict the future. I dreamt that BIDU went to $90 today, but it didn't. I bought a call at the open. It went up then down. Now I'm losing money :(

Should I buy BIDU calls or puts in the coming days? I nibbled and bought a BIDU call. It went down in value 20% already :(

Assuming an average of 29 trades per day at $1 a pop, the typical day trader would have to make $7250 per year just to break even!

I have a question, when does after-hours end (after 4) and pre-market begins (before 9:30)????:confused: Somewhere around midnight?

I hope a crash happens. :D those "liquidity providers" will then lose money and we as traders can make lots of money. Just dont get overleveraged as trader.

15k to 500k? turned over 30x whats 30 times 500k? oh right 15 million. I guess youll have 15 million in 2 years. No you are not lucky you are skilled!:D :D :D

I dont get it. In IB, I write an European stock ticker. Then I view Optiontrader. Then right-click an option, contract info, description. Exercise style says American. This is on European Stock!!!:confused: :confused: :confused: WHY??!!!

I blew up 2 accounts and can contest daytrading is a suckers game.:)

Im serious! Also, why are european options american style? That makes no sense, why arent they european style? You know, europe? :D

If this is so, does it make more sense to write only 1 option of $100 instead of 100 of $1? Because you could get assigned 100 times with 100 times commission? By the way if one guy exercises 10 options, and you wrote 10, do you get asigned all 10 at same time, as if its one order? because if...

Does it cost commissions when getting exercised? for example if commission to buy stock is 10 euros, and you wrote a put, and get exercised the put. Then do you have to pay commission to buy the stock?:eek: Because my broker told me exercise is free.

naked put is better since the cash you don't use get sweeped into a money market fund overnight.

one again, thursday exemplarifises the following why all daytraders fail: leverage. If you want to be a successful daytrader and make at least 100k a year you need 500k. 20% a year is managable. And you wouldnt have blown up thursday if you didnt use leverage. Most daytraders dont even have...