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  1. stevegee58

    Dropbox is going public!

    I was using it to store work in progress while moving among 3 different computers. It was handier than using a thumb drive once it was set up.
  2. stevegee58

    Isn't a collar just a glorified put credit spread?

    I knew a guy that did collars on highly volatile stocks for the sole purpose of accumulating a large position. As long as the stock was actually jerking up and down frequently he was able to keep selling his puts at a profit, but another 100 shares with the profit and do it again. The biggest...
  3. stevegee58

    Option chains downloader?

    it's possible to programmatically download option chains and delayed snapshots from cboe.com though it would be a violation of their TOS.
  4. stevegee58

    Dropbox is going public!

    I stopped using Dropbox when I realized they were looking at what I was uploading and sending me targeted spam emails from it. (No, it wasn't porn.) Security-minded users like myself have fled Dropbox to open source alternatives like Syncthing.
  5. stevegee58

    My Head is Spinning

    Well I can tell you I do broken wing butterflies on index options as my main trade but that's not much help. :D The secrets lie in how many days to expiry, how far OTM, how wide, what greeks look best. And that's just for entry. Managing the trade, knowing when/how to adjust comes with experience.
  6. stevegee58

    My Head is Spinning

    I thought scalping eminis and forex suited my personality but I just couldn't make money doing it. I ended up settling on options trading and making money for a change. It turned out that the slower pace and analytical aspects of options was better suited to my personality.
  7. stevegee58

    accumulating injuries

    I don't know how old you are but you'll inevitably be slowed down by cumulative injuries as you age. I'm pushing 60 and still able to run regularly, backpack etc. but I'm definitely feeling it now. I was lucky to be a 90 lb weakling when I was young since it prevented me from destroying my...
  8. stevegee58

    OANDA and MT4

    I use fxTrade on both Windows and Linux platforms without problems. I've occasionally run into problems with the launcher being out of date. All I had to do was download the latest launcher and it ran again. I used to use MT4 and as I recall you don't get the same bid/ask spread on MT4 as you...
  9. stevegee58

    HERE is how to make money consistently trading the open

    Here's the holy grail you've been looking for: Day Trading With Short Term Price Patterns and Opening Range Breakout by Toby Crabel
  10. stevegee58

    IRS asks Coinbase to give up customers' info

    That's why you need to maintain anonymity in the transaction as well. I wouldn't used BTC for face to face business, I'd use USD greenbacks.
  11. stevegee58

    IRS asks Coinbase to give up customers' info

    You're assuming BTC/USD conversions can only happen on exchanges.
  12. stevegee58

    IRS asks Coinbase to give up customers' info

    That's why I don't trade BTC and I hold my own wallet instead of depending on Coinbase etc to hold it for me.
  13. stevegee58

    IRS asks Coinbase to give up customers' info

    I hate pay-walled sites. Alternative: http://news.morningstar.com/all/dow-jones/us-markets/201703276250/irs-crackdown-on-bitcoin-exchange-fuels-privacy-worries.aspx
  14. stevegee58

    The futures are "Bloody RED"

    Next support level for SPX is 2300, 1% down from here.
  15. stevegee58

    Group health insurance for independent traders?

    Actually that $1000/month figure is from about 6 years ago, but you're right that singles pay the lowest premiums.
  16. stevegee58

    Group health insurance for independent traders?

    If you're a professional in some field there's usually a professional society you can join to get group rates on all sorts of insurance. e.g. I'm an electrical engineer and I've belonged to IEEE for years. I have cheap life insurance through them and I know they have health insurance options as...
  17. stevegee58

    Financing a debit call spread with a credit put spread

    What's "expensive" mean? That you don't have enough capital to enter a $560 trade comfortable? I'd argue that if the reward:risk is favorable then it's not expensive at all. If you want to go cheap do another trade instead of trying to get clever with a debit spread. How about a butterfly...
  18. stevegee58

    Financing a debit call spread with a credit put spread

    Get back to basics. If you're bullish: If IV is low, buy a call. If IV is high buy a call and sell a further OTM call to partly offset the debit. (Call debit spread) You're already saving money on a call by selling the further OTM call. When evaluating spreads you have more that one choice...
  19. stevegee58

    Got Milk?

    Kinda like trading, really: finding what works for you.
  20. stevegee58

    Gamestop

    I looked at the straddle IVs for various months. The IV is predicting a very large move so unless you have some predictive edge to know the move is going to be bigger than that you're just giving away money.
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