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This is hilarious! :D :D :D Yup, the market makers are trying to shake you out of your paper trading position. As I mentioned in the other thread, market makers are mind-readers so even if you just used a pencil and a paper to papertrade rather than IB's demo platform the market makers would...

Traderum, You are correct in your suspicion, but you are off when it comes to the actual mechanism of monitoring. The market makers and brokers/traders can read your mind, so they know what you are going to trade before you even turn on your computer. In fact, when you wake up in the morning...

VIX uses multiple strikes and expirations to arrive at the value so it's not a good approximation for a single strike. VIX options are priced off of futures rather than the spot VIX so that adds another dimension (complication). Your particular put's IV is affected by the general level of IV...

It's not that easy. It's like using an SPX put to hedge a fall in one of the component stocks. There is correlation so you should be able to hedge some part of the IV change, but it's far from perfect.

Traderum, good luck to you! MTE over and out.

I rest my case. Just out of curiosity. Do you believe that your orders are actually sent to the exchange? Cause if you do then I don't know how to tell you this, but they don't, in fact they don't go anywhere beyond IB demo server maybe. It's the same as playing a flight simulator, no matter...

And here's another thought. In your other thread you say that you have been paper trading. So how the heck can you possibly make any of the statements at the start of this thread about the market makers ripping you off if you haven't even placed a single real trade!?

It doesn't matter where you live (on a side note, I also live in Europe). Just shift all the hours I have listed by 6 hours forward and you get your local times.

When you can log into your broker's platform has nothing to do with when the markets trade. IB offers international markets and FX so obviously you need to be able to log in at any time, 24h a day. US markets, on the other hand, do NOT trade 23 or 24h a day, well futures do, but not the stocks...

Since when does 4 a.m. to 8 p.m. equal to 23-24 hours!? By the way, options don't trade in extended hours.

Really!? This is the biggest load of bullsh*t I've ever heard.

The US market is closed now. There is no trading in options or stocks for that matter.

You are talking about hyperinflation as if it would set in overnight. It's not like we go to sleep with a 1% inflation and then wake up the next morning with a 100% or whatever inflation. Actually this would be a perfect scenario if you are short calls, because although you would close out the...

When you refer to ticker M, which market do you have in mind?

This is an options forum, so every second thread is about a spread.

I agree with TheGoonior, start small. Assuming 30K starting capital, I'd go with 2 iron condors, a maximum of 1 contract each in SPX and RUT (assuming 10-point distance between short and long) or up to 10 contracts in SPY/IWM.

OK. :)

Yes.

First of all, you cannot interpolate your experience in a demo to real trading. These demos are good for one thing only - getting yourself familiar with the platform. If your strategy depends on execution then you won't know whether you have a legit strategy or not until you actually start...

Definitely overleveraged. 3 IC x 10 contracts x 10 points wide = 30K => one bad month (doesn't even have to be a really bad one) and you are wiped out. Generally, yes, RUT is more volatile than SPX, but it's not set in stone!