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    How is Long VXX not Free Money?

    Tell us honestly how many times you did that. 52 to 940. That's a once in a life chance. Probability of getting struck by lightning is perhaps better than winning like that
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    How is Long VXX not Free Money?

    Wrong idea read vix futures before concluding.
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    ES Journal - 2021/2022

    I don't think so. With May approaching and at this valuation shorting is justified. I have stayed away when I exited everything at 4000. I dabbled a cpl of shorts yesterday. Look to short in last week. The year still has 8 months.
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    What qualifies as "pattern day trader"?

    Any time you end in sell that counts as a day trade. Why don't you test it and see if you can outsmart the system.
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    Tradetax deductions

    Consult a cpa that said if you paid more than 600 you as an individual can cut 1099 misc and send it to irs and payee. You can then claim that in your expense. The rules are vague in this as you won't find anything specific. As long as your deduction won't invite an audit you should have no...
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    ES Journal - 2021/2022

    FB dropped on negative news from it.
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    ES Journal - 2021/2022

    Had a short setup at 3856.75 and I see entries taken away at circa 3857. So canceled my order. Looks like we are about to break high.
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    ES Journal - 2021/2022

    L 3828.25 I wd probably set tgt for 39.75 depending on action not decided if I will hold longer. Since morning waited so long to confirm and then took 2 scalps. My husband is kinda mad at me rt now. He doesn't get it that ytd I am still positive. My bot made some money on inverse etfs and svxy...
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    ES Journal - 2021/2022

    I am not taking any trade yet. Too disappointing for me. Sounds like markets motive is to act against me. Covid market probably never goes down.
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    ES Journal - 2021/2022

    I don't believe it. I exited at 3712.25 and it looks like we may close high. I have to hate that big green bar at 1500
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    ES Journal - 2021/2022

    Other that gamestop issue there is no fundamental trouble is it, am I overlooking?
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    ES Journal - 2021/2022

    Assuming all robbinbooders bot options wo money to pay for the exercise, can broker refuse to exercise? That may be the only way this gets resolved.
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    ES Journal - 2021/2022

    Looks like the mkt is waiting on a decision on $GME. It goes up, volatility comes back. Unreal. Sans Gme issue, this has no where to go other than up.
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    ES Journal - 2021/2022

    Quick math 3817 to 3721 will be 20k loss approximately on a bag of 5. I wd ignore micros since I have a longer time frame. Approaching 3790 will make my day. I will bail at 3712.25 no matter what. That we still leave me 5k up for the month. That's the only solace.
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    ES Journal - 2021/2022

    I think I wS not clear. I took the profit of nearly 8000 when I exited at 1 pm yesterday. I was flat at 1 pm. Then did a cpl of scalps before losing mind. We were looking good this morning until the big drop just now. That was on a vaccine news.
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    ES Journal - 2021/2022

    Vent. I don't know what possessed me. I was so sure it would go above 3830. This is atypical of me, unusual to go long on a span of every 5 point dip. The funny thing is around 3816 there were 2 scalps too. 3817 had a exit order at 3823.5 which never came. Over confidence or greed. Plan to wait...
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    Best broker for trading cheap options?

    Cheapest broker search on elitetrader? Whe I look for a broker I look at financial viability. Pick someone like ib ameritrade. Cheapest is perhaps Robbinhood.
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    IBKR disabled cash purchases of GME and AMC

    IB is definitely not for little guy. IB is so advanced for little guys and that's probably why it costs more. And no I don't work for them. People have a choice and if so why blame IB.
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    ES Journal - 2021/2022

    I went LONG last night at 3704.5 and another one at 3750 circa and rode them till 3823.5 this noon; Thought we would get back to circa 3830 today. I was wrong. Not exiting Micros at 3823 was stupid. After exiting ES, on the dip, bought ES this afternoon @ 3817, 3810.25, 3800.25, 3789.25 and...
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    IBKR disabled cash purchases of GME and AMC

    Counter party risk is what is driving them. Broker has fiduciary responsibility. If customer defaults broker is still on the hook. But why musk? To smoke weed on the floor? In all the mess I don't belive it is retail. There is a whale or two that is behind and it may wl be the person with letter...
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