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yes, I forgot you can get out of the restrictions if you qualify as a professional ...

Totally agree with this ... it also depends on your nature ... swingtrading demands lots of patience which can be a good thing or not ...

I always have a target within my plan, in other words: I always get out when my target is reached. However I have rules too to get me in back again if it moves strongly but then again I have a new target.

yes, but no ETF's anymore if you live in Europe ... all the rest should be fine

yes, without determination you'll never get a good tradingplan on your own ...

you do need a lot of imagination to come up with a sound trading plan if you don't have a mentor (this better be someone you know personally since there are a lot of snake oil vendors out there) ... al the rest is patience, discipline (not trading when you shouldn't), sticking to your rules...

Interactivebrokers

you better start reading a few good books on options ... there is just no start at answering your questions ...

IB doens't trade anymore: they left the market making business a good year ago ...

You make an interesting case, one I haven't researched fully due to lack of the right software but you might have a point there. Tomorton, you might call this a draw, I am just not willing to give away something that works at this point in time. Especially since I am not sure this kinda stuff...

I couldn't agree more: one of my motto's in life is: 'dare to come out of your comfort zone'.

you could start with overselling the tails in a butterfly; with a straddle or strangle you'd have to be buyer of the tails making it in to a butterfly too ... and then keep on adjusting (most likely as a market maker) with the flow you receive from the market ... that was the old way to play it...

Coca Cola doesn't give it's recipy for free either ... I am using a propietary combo of RSI and slow stoch on an index that's about as far as I am willing to go .... I have no idea if this combo will still work next year. I use a fixed target to get out and also two indicators (one osciclllator...

You are surely joking I hope ... Indicators can point to reversal points. But you will not be able to rely on a single indicator for that kind of stuff ...

you could do this in a kind of butterflyposition strangle where you oversell the extremes and then hedge your delta as the market starts to move. However it might be that you need to adjust your position as time moves on if you want to stay gamma neutral. This kind of position is what smart...

I was vol-arbing over a 30-something series in the first two months of DIA by semi-marketmaking. Two things happened: spreads got closer and closer erasing my advantage; secondly: IB started to charge for changes/cancellations. I used to send about 1000 quotes each day to the market of which...

first of all you need more capital than what I saw on your screenshots in the past. Second you need a futuresbroker; plenty of choice there (you should at least have tried to google or looked under 'brokers' at this site.. Third: in your choice of broker a lot will depend if you want to daytrade...

It was broke ... the options markets are in no way comparable to what they were 10 years ago. The fact that Timber Hill / Interactive Brokers got out of their core business last year should tell you something ...

After being a very succesfull options market maker for years but couldn't do that anymore I gave daytrading forex more than quite of a try for over a decade. It never worked out over a decent amount of time. Neither did it for the other people I was trading in chat with that started with me...

In the early nineties I used to spend about 17.000 euro's a year just to get my data ... that's expensive ...