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  1. Robert Morse

    Active Option Traders, what is your preference?

    On most of our platforms, we also do not offer this. Silexx has the ability to group positions but not like you are both listing. For me, I have more of a Market Maker mentality. I only want my positions grouped by underlying and see net Greeks. I look at complicated equity/option positions like...
  2. Robert Morse

    Active Option Traders, what is your preference?

    What is an example of a "group" to you?
  3. Robert Morse

    Is classical Trend Following still alive?

    I can't verify the 30%-win rate or tell you if that is acceptable or not. A 10%-win rate is fantastic if those wins are so good it overwhelms the losing trades and gives you your risk return metrics. You have to understand that many investors have a different mentality than traders looking to...
  4. Robert Morse

    Is classical Trend Following still alive?

    The idea that any trading strategy is dead is a little too black and white. And Trend Following is more typical for a CTA or CPO than a hedge fund. Some hedge funds are multi-strategy but in my experience most are not. The investors rely on the investment in one strategy for that allocation...
  5. Robert Morse

    Active Option Traders, what is your preference?

    SPX and VIX are Options on an index and are traded in a Securities account, not a Futures account and regulated by SEC/FINRA. Options on ES and NQ are option on futures and regulated by NFA/CFTC. Options on SPX and VIX are cleared by the OCC while Options on ES and NQ are cleared by the CME. To...
  6. Robert Morse

    Can I take a margin loan against short positions?

    That is all correct, but he could have removed $50,000 before. That is his money. The shorting of stock creates an extra credit balance that is not his money. I wanted him to know, which I think is what he was asking, that he can't borrow against the cash from the short stock.
  7. Robert Morse

    Can I take a margin loan against short positions?

    Let's say my account has $100,000 in cash, no positions. Then, I short $100,000 AAPL. My balance is now $200,000, but my equity is still $100,000. My maintenance margin requirement is about 30% of my cash plus 100% of the value of the collateral. That means you can't remove the extra $100K from...
  8. Robert Morse

    Can I take a margin loan against short positions?

    No. The cash in the account from the short sale is collateral for the stock delivery of shares sold you do not own.
  9. Robert Morse

    Active Option Traders, what is your preference?

    Thank you. I should have specified options on equities and indexes, not options on futures. IMO, if you know in advance what you want to do, a smaller screen might be slower and lack Hot buttons/Hot keys but might be manageable. If like me, you prefer to scan current prices to determine how you...
  10. Robert Morse

    Enroll in this webinar The Power of TrendSpider presented by CEO Dan Ushman

    Promo Code: SPIDER23 https://lightspeed.com/lp/lightspeed-trading-trendspider-fall-promo Please choose me as your salesperson (Robert Morse) https://www.lightspeed.com/open-an-account Open an account today using promo code SPIDER23 and get 6 FREE MONTHS of TrendSpider plus get 50% off...
  11. Robert Morse

    Enroll in this webinar The Power of TrendSpider presented by CEO Dan Ushman

    Click Here to Sign up Upcoming Webinar The Power of TrendSpider presented by CEO Dan Ushman December, 07 4:30 PM EST Discover the range of features of the TrendSpider platform and how it can be used to refine your trading strategies. Register Now TrendSpider is an award-winning charting...
  12. Robert Morse

    Active Option Traders, what is your preference?

    Thank you, me too.
  13. Robert Morse

    How to register as professional trader with the IRS?

    I suggest you consult your tax advisor or go to this website and read their free content. https://greentradertax.com/ To better be able to control taxes, you might need an INC or LLC. Lightspeed Financial Services Group LLC. is not affiliated with this service providers. Data, information, and...
  14. Robert Morse

    Active Option Traders, what is your preference?

    I personally would only trade options using desktop software unless it was to adjust limit orders sent on the desktop, with a mobile app. That said, we are working on a number of projects, this is one of them...
  15. Robert Morse

    Active Option Traders, what is your preference?

    I would define an Active Option Trader as one that looks to trade options every day or very often. I’m interested to know how important the trading tool is for your trading. Bob
  16. Robert Morse

    If I choose MTM for next year, do I need tax software?

    My Accountant always made me pay him! :D
  17. Robert Morse

    A highly specialized KISS brokerage for special retail traders

    Clearing firm or Broker today requires a team and a lot of money and technology. And the team requires experience and licenses.
  18. Robert Morse

    A highly specialized KISS brokerage for special retail traders

    I will provide a detailed response later, but what is the purpose of the question? Are you looking to create your own broker? Like BMK said, why would you limit your revenues?
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