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    Harvard educated...not really the sharpest tools in the shed.

    The future leaders of this country. Good luck! :D
  2. T

    Always maximize delta if you are long?

    I'm talking about DITM with delta at 0.8-0.9. Other than more capital at risk, is there any downside to maximizing delta if you are long a basic option?
  3. T

    Sex or Money?

    Huh? A NFL QB needs to do that?
  4. T

    WikiLeaks: Saudi Arabia is running out of oil

    Back to riding camels? http://www.cnn.com/2011/WORLD/meast/02/09/saudi.arabia.wikileaks/ <iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/8qRRGszTwX8" frameborder="0" allowfullscreen></iframe>
  5. T

    JDS Uniphase is still hot!

    Party like 1999.
  6. T

    $1 bid/ask spread?

    I'm looking at Apr 11 AAPL 325 Call. It had a $1 spread between bid/ask at some point during the day. Was that an indication of anything or just illiquid market for this option?
  7. T

    US real estate market is alive and well

    Detroit knows luxury. <object style="height: 390px; width: 640px"><param name="movie" value="http://www.youtube.com/v/SKL254Y_jtc?version=3"><param name="allowFullScreen" value="true"><param name="allowScriptAccess" value="always"><embed src="http://www.youtube.com/v/SKL254Y_jtc?version=3"...
  8. T

    US real estate market is alive and well

    Detroit mansion asking for $2.5 million. :D http://news.yahoo.com/s/yblog_localdtw/20110207/ts_yblog_localdtw/2-5-million-price-tag-on-detroit-mansion-an-eye-opener
  9. T

    I ran Microsfot Security Essentials scan

    Use Avira. It detects more crapware than any other AVs mentioned in this thread.
  10. T

    Short Best Buy?

    http://www.examiner.com/dvd-in-new-york/is-the-new-best-buy-returns-and-exchanges-policy-a-sign-of-more-financial-woes
  11. T

    Super Bowl Fans to Splurge on 6 Million Wings, 4.5 Million TVs

    Feb. 4 (Bloomberg) -- Chicken wings and big-screen TVs may help drive Super Bowl spending past $10 billion this year for the first time as more Americans throw parties and crowd sports bars to root for the Green Bay Packers and Pittsburgh Steelers...
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    Ron Paul will grill Bernanke on QE2 and lack of employment

    Bernanke didn't have to deal with that in the mostly fat pitches served up by the National Press Club. Ron Paul has posed pointed questions about how exactly the central bank's monetary policy will increase employment. The Fed chief better be ready for some Major League breaking balls when he...
  13. T

    Tom Demark Sequential Indicator

    Is there any reasonably priced data feed that comes with this indicator for the average trader?
  14. T

    Overtrading, forcing trades

    What's the best way to slow things down without shutting off the market completely? I used to position trade but now I'm getting into the habit of daytrading/scalping. Last Friday I had a sizeable loss and it was my wake up call.
  15. T

    Candlesticks an edge?

    I've heard candlestick is not a system to base trade on and should only be used as a TA tool. Any thoughts?
  16. T

    Stop loss % for novice trader?

    I'm reading this book. It mentions a novice trader should risk 2% of account equity per trade and only the experienced trader should attempt to go above 2%. Any thoughts? http://www.amazon.com/Traders-Money-Management-System-Trading/dp/0470187719/ref=sr_1_1?ie=UTF8&qid=1296396979&sr=8-1
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    Option trades tax reporting

    How do you report your option trades since they are usually not reported to the IRS on the 1099? I've heard from some CPAs that you'll get an instant red flag if you report something that does not match up with the 1099. So you are screwed either way from underreporting or overreporting. Any...
  18. T

    Trailing stop

    Does anyone like to use this kind of order? How do you set the stop to maximize its effectiveness, i.e. maximize profit and minimize risk? Set it to the maximum you are willing to lose on the trade?
  19. T

    How can you stop thinking in money terms?

    I remember reading that in Market Wizards. How can you stop doing that? It's easier said than done.
  20. T

    If I think a stock is going from $25 to $35 overnight...

    How about long DITM call with delta = 1? Or theta is not an issue here since OP is going to hold it overnight and OTM will give it more "pop"?
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