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    Hedging the S&P500

    No way there is simply no value in those rt now.
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    What is your opinion about a broker which turns marginable stocks into non-marginable stock?

    Stick with that broker as he is helping you ?.....
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    Hedging the S&P500

    Usually it is not a wise idea to buy options on uvxy or svxy. As mentioned in the other threads you can hedge using futures / index options. i am not sure if there is any more room in gold.
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    S&P Testing 90-day high 3240 -- your thoughts?

    We will likely gap up Monday as the uk vaccine news is due. By mid to end of the week we may start going down again. Influence to either direction will be from vaccine news or states going retrograde to lockdown path. Expect uncertainty to continue.
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    Trading options with CANSLIM stocks

    Take a look at the performance of CANGX and decide for yourself if thats what you want to do for a trading strategy. It is a guaranteed fast path to slim your wealth.
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    UGLD USLV DGLD DSLV UGAZ DGAZ ZIV VIIX TVIX soon to be delisted

    Pretty soon micro VIX futures will be out. You can short the source.
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    Goodbye NQ 10,000

    I think both spooz and NQ will trade above the highs of early 2020 before going down.
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    FCM investments of clients' money

    The other option is to keep the money in a black box under the bed. Fairly secure. Any one daring to get that will need to go through you first. No one can say anything that would change the mindset of a paranoid.
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    MACD Algo - TWS Interactive

    google macd, github for code, what is the problem?
  10. G

    Rookie Trader Racked Up $700K In Debt

    I don't comprehend how these ppl got the leverage in the first place.
  11. G

    Vote: Crash, Consolidation or Pullback coming?

    I echo what I read somewhere that COVID is here to stay and ppl shd accept it as part of life. All covid effects are priced in and there is not a whole lot to be expected from second wave, third wave nth wave etc. Those who lost jobs will have a hard time finding another one. Aside from personal...
  12. G

    Vote: Crash, Consolidation or Pullback coming?

    What are your reasons to be so bearish. There is no where to park the money.
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    Bear Winning, up $1300+ today trading TVIX TZA SRTY -- go bears (^-^)

    I see eventually inverses paid off well for you. VIX moving in line with sp500 was a sign that bearish entry will pay off.
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    Do 1256 gains require quarterly tax payments, assuming no other income

    A day trader's earnings are not classified as earned income so there is no need for estimated taxes. As the other posts said, check with a CPA.
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    Do you use Trailing stops, hard stops or both?

    Ken You have far more experience than me but my trade picks are in your list too except you trade lot more securities. Try removing all inverses from your pick. I suspect that may be offsetting your gains. The current market is unforgiving on inverses. Tqqq swings 6 points these days. Another...
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    Do you use Trailing stops, hard stops or both?

    With Programs I am able to use a dynamic exit anytime so I dont place the stop when buying. I trade ES manually and today I had a bad day with algo manipulative moves eating my hard stops. I thought I had it wide enough and they still came looking for me. Nothing worked for me in ES today as...
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    Who would have guessed, kudlow sees "very strong" economic rebound

    For a wide variety of these folks all the way up to the potus economy means DJIA andSP500. Index up = economy good. Nothing more and nothing less.
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    Scaling in: martingale vs incrementally, which is best?

    Average returns and square of the std dev of returns can be used to derive scaling factor. Volatility needs to be a factor. It is unrealistic to do this manually every time you decide to scale in. I am not sure inverse will make an ideal hedge. Why are you not considering option to hedge. If...
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    S&P close to 3000 key res 200sma -- strategy?

    News was"Large month end re balancing 30 bio. Short spooz above 3000". Didnt quite get bio connections assumed biotech and checked REGN was down nearly 30. picked up a modest 10. Up 100 post close.
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