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  1. MajorUrsa

    Writing options for a living

    Thanks for taking notice. I also did a 'complain', although I think those bans are what this lowlife lives on. I agree on the 'ignore' attitude in general, but this was too agressive. I'd even suggest finding a way to ban IP's, since he will come back of course. I support Damon's request to...
  2. MajorUrsa

    Quiet

    Excuse me?!...
  3. MajorUrsa

    Microsoft admits Vista failure. Actions speak louder than PR

    You will in a few weeks from now. Let us know when you switch back to XP. I don't know why you bought a new laptop, but if it is for the better performance of the latest hardware (which is what you'r paying for) then be aware that running Vista with all options down to lowest will run almost...
  4. MajorUrsa

    The art of the "stop loss"

    Yes, you're right of course. I was visualizing OP's method as trend-follow, so my view was narrowed. Thanks. Ursa..
  5. MajorUrsa

    Writing options for a living

    It is a real shame that an, at times very interesting thread like this can't, after running for a year and a half, get a good rest and a frustrated kid like this comes by to wake it up. A sad ending. The next revolution in internet will be the idiot-filter. Ursa..
  6. MajorUrsa

    The art of the "stop loss"

    I use the term 'momentum' in it's broader, general meaning, as in persistant continuation of movement in the chosen direction. Not a a technical indicator or such. Is there another reason to buy besides the expectation that the move upward will sustain for a bit? Ursa..
  7. MajorUrsa

    IB - WTF is this?

    I agree, the term 'basher' is vey apt. Ursa..
  8. MajorUrsa

    My selling options strategy. *Newbie*

    OK, enough warnings for this man. Just let him do his thing, we need a living too. Ursa..
  9. MajorUrsa

    Dell Customers Want XP Installed, Not Vista

    Good board and good initiative, we'll probably see the first Linux-Dell's very soon. But please don't think for a minute that the 'loud and clear' XP message came from the IdeaStorm board; it came from sales&marketing department I'm certain. The order-hesitation that rolls to another brand will...
  10. MajorUrsa

    The art of the "stop loss"

    It is very simple, when you go long it is because you assume the momentum is upward. At what decline-level would you say your assumption is wrong? Put the stop there. The fact that prices go back after you stop was hit doesn't mean that your stoploss was wrong. You will be right and wrong...
  11. MajorUrsa

    Turning CNBC off!

    CNBC is professionally made garbage TV, like most networks in the US. It has nothing real to offer to a serious trader, watching tickers is a waste of time. As for breaking news, I'm almost certain that the first that knew something was awrong 9/11 were those watching their charts. For the...
  12. MajorUrsa

    Are IB accounts protected from fraud and unauthorized access?

    The insurance mentioned is covering against "'broker failure", probably meaning technical stuff like downed networks while open positions. I'm not at all certain that it covers "fraud", which is essentially "customer failure" until proven otherwise. Since def didn't point to this insurance I...
  13. MajorUrsa

    Bloomberg vs CNBC

    Bloomberg is simply what a financial TV network should look like, nothing more or less. It shows how strong the forces in the world of finance are, allowing a quality network to survive among the cheap circus shows. Maybe there is still hope for US television, although I don't hold my breadth...
  14. MajorUrsa

    Is it possible to make $50 to $70 per day with a 4K account in YM ??

    There you go wrong: that next day you need to make $200, not $150. After 2 days your eq-curve should read $100. And if you again lose $100, the third day you need to make $350. Three loserdays in a row are not uncommon and will happen. So you will need those 'big-winner' days, they're essential...
  15. MajorUrsa

    Is it possible to make $50 to $70 per day with a 4K account in YM ??

    Some merit to that rule. But is also means that if if you hit the $61 stop you have to wait a day and then have to make +$120 to even make the average. So during that second day you try to win 120 with a stop at 60. If the stop is hit, the 3rd day you are to win 180 with a stop at -60. Hard. If...
  16. MajorUrsa

    Expected Volatility -- Friday close to Monday morning

    Correct explanation. Imagine the theta slope downwards to 0 at expiration: this curve is interupted by the weekends which would be a discontinuity. Discontinuities do not exist in nature so the gap has to be bridged. The effect is noticable on Thursday afternoon already. Ursa..
  17. MajorUrsa

    What kind of techniques do heavy scalpers use?

    Exactly, or Buttontrader, or whatever DOM-based orderclicker. I got the impression someone was trying to scalp with an order-page. That would be rather ridiculous. But maybe I misunderstood. Ursa..
  18. MajorUrsa

    What kind of techniques do heavy scalpers use?

    Order page? :confused: Ursa..
  19. MajorUrsa

    Opinions

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