Search results

  1. tommcginnis

    The S&P has topped

    OUCH!! Tryin' like hell to clear 2430 for the next 2 weeks, but I don't think that is going to be enough. CL is down. DAX is down. DJ600 is flat. TRIN is at 1.50-1.75 -- call the Fire Department! So why are we rising?? AAPL AMZN FB GOOG NFLX....... "80% of the market rise Q2'16 to...
  2. tommcginnis

    Cheapest exchange for market orders using IB for directed orders

    The one that gets you the best net of {fill-commission-fees}, and in a timely fashion.
  3. tommcginnis

    The S&P has topped

    Don't read this... https://www.elitetrader.com/et/threads/ib-charts-and-moving-price-bars-to-right.306818/page-2#post-4409215
  4. tommcginnis

    Swing Trading using support/restistance Entry Points help

    Do NOT screw with what works. ADD to your tools in ways that are unrelated/uncorrelated -- this will keep your portfolio risk the same OR LESS. (For example, if you're pushing a successful reversion-to-mean method that works market excursions, work the middle of the market instead -- sell...
  5. tommcginnis

    If you bought $100 of bitcoin 7 years ago, you'd be sitting on $75 million now

    These days, I just don't have it -- I hold very little (or nothing) long. I just..... It's that I....... You see, I lack........
  6. tommcginnis

    If you bought $100 of bitcoin 7 years ago, you'd be sitting on $75 million now

    I missed the AAPL re-boot at $16. (Had no account.) I missed the GOOG open at ~$80?? (Still had no account.) (I never even got near FB at.... $20?? Whatever it was -- I was across the room, snickering at the "suckers"....) I jumped on BABA at $93, and rode it to $120, then jumped out, bought in...
  7. tommcginnis

    The S&P has topped

    On March 1, "10-14 days..." {Pfffft! Snort-snicker-choke-cough....} Yeahhhhh-hhhhhhh. Well, regardless, I'm of the same mind: camping out, coiling/ready for a pop. I certainly *don't* like the idea of camping out for (mid-Feb-- now) 3 *months* -- 1-to-2 months has been more typical. ("But so...
  8. tommcginnis

    What had trading done for and to you?

    Frikken awesome summary.
  9. tommcginnis

    IB auto-liquidation

    I want so much to agree with you, but ......... at the end of a busy expiry??? My inventory??? *I* can't make out how all the positions I hold were gotten into. And I'm going to put that on someone else??? [Here's where you put in one of those little smiley faces indicating pointing at me and...
  10. tommcginnis

    IB auto-liquidation

    "Are people going to say that IB doesn't have the ability to program the liquidation in a way that recognizes defined risk option trades?" Okay -- if this is the focus, I'll try this as a blanket statement: **IB has no right, nor any obligation, to go into your account and buy-or-sell stuff...
  11. tommcginnis

    IB auto-liquidation

    Agreed -- and very much so. But still, who's taken advantage of whom? To continue in the analogy to which you responded ("When your actions force someone else to take the wheel, don't bitch cuz they didn't take you home."), IB has no right to drive you to the county line and abandon you. But...
  12. tommcginnis

    IB margin increase

    Calendars mean non-linear pay-offs as the underlying change, and that's *before* accounting for non-linearities in time OR in vol. As well, at every expiration, and whether SEC or CFTC, your portfolio risk becomes a wholly different shuffle, as the dead options are washed out. We have another...
  13. tommcginnis

    Reading guide for trading

    soulfire wrote: "You won't even take the time to do any research on your own to figure out what books there are in the age of google and past forum threads. The bottom line is you want to be spoon fed information you should be getting yourself. There's a reason why you're getting so little...
  14. tommcginnis

    IB auto-liquidation

    You know, the greater point of my post was not clear -- it's morning, and of course there's lots going on. (That's my excuse: I'm stayin' wit' it.) The thing is, it's not IB's call, to autoliquidate to our advantage or desire or prior-stated preference or whatever. It's just their call that...
  15. tommcginnis

    IB auto-liquidation

    Let's remember that auto-liquidation is not done because somebody at IB was bored. Autoliquidation means we out-wrote our account, for which IB is responsible in taking that account to the world. THEY are being the responsible party here -- not us.
  16. tommcginnis

    Entering a Trade Based on Volume

    Again, the Volume haters come out of the woodwork...... They have never sold anything to a live person. The financial markets are no different than the Farmers' Market up the street. If everybody's tomatoes are going $5/qt, and a rickety half-ton limps in with the bed piled high with perfect...
  17. tommcginnis

    SMA number seems wrong at IB

    No fear. Here's an option traders view: First, notice the differences between the commodities and the US Securities columns. This is also the difference between the CFTC and the SEC. Always keep that in mind. Net Liquidation Value is your boy. Everything else in Balances should mostly be...
  18. tommcginnis

    So Ameritrade keeps adding bullcrap features but not fixing bugs

    Excuse me, but you put "Ameritrade" -- don't you mean "Interactive Brokers"?? (You're welcome....) {apologies -- I don't mean to hijack the thread or anything -- there are already enough "Oh, IB! You did [some mind-numbingly stupid thing] again!" threads -- you should feel free to have an...
  19. tommcginnis

    IB auto-liquidation

    Having seen my share of auto-liquidations, I have observed as much on the other side as at the mid. FWIW and all that. (Oooop: IB/TWS...)
Back
Top