Search results

Here is what can get you close to what you want. In TWS the night before, set a buy stop order at the level of today's high. Right click on that order and go to conditional orders, where you can set 2 conditions at the same time. (1) Set the time condition just after the market open. For...

That would require TWS to calculate today's open in relation to yesterday's high, then set an order to buy at yesterday's high. That's a system signal that needs to be generated externally.

1. Bad idea to be short UVXY overnight. 2. If for some reason you feel you must, then consider setting an overnight order to short S&P mini or micro futures if the market falls to a level that starts to put your UVXY position at risk.

If you feel bearish, but don't expect a serious market collapse, then options are not a good vehicle. Time will erode your premium. Your better bet is simply to short the S&P via one of a variety of instruments, including leveraged ETFs or futures.

Whether simulated or real, entering 10 market orders at the open and expecting 9 of those to cancel if one is filled, is asking a lot of any system.

I would be very hard pressed to come up with a worst trading strategy than to ever short calls on UVXY.

Look at conditional orders.

Start very, very small. Much better to waste your time than your money.

It's all decimal now. You'll enjoy it.

Yes, and in my experience, betting on one instrument or the other (VIX and its friends, or ES), depends on the time frame. Anything more than very short term in a VIX structured trade can get you killed. Longer term, ES is the safer bet when your system sets up a VIX signal. One can quibble...

This year your total itemized deductions, including mortgage interest, would need to exceed the new standard deduction of 24K in order to gain anything from itemizing. And of course you understand that your investment gains will need to exceed your mortgage interest+refinance costs to make this...

A stupid question. You could also get hit by a bus in the morning. If you're generally a fearful person - and it sounds like you are - then investing just isn't going to fit with your personality. Buy T-Bills, or stick your money under the mattress.

Trying to time the market is a very bad habit to get into. You will regret it 30 years from now.

Have you ever traded other people's money? If not, then I recommend you first make that happen, even on a small scale, before making a big move offshore. In terms of psychological stresses and barriers, the jump to trading OPM is every bit as big...if not bigger...than initially trading for...

Something to consider.

On behalf of a family member who needs income and has a good sized account, I'm looking for the first time at high dividend producing ETFs. (PGX, PFF, etc.) (And considering protecting the market downside with some 3x inverse ETFs in the same sectors, in the hope of neutralizing market...

Exactly right. Missing headline in the Barr report is that RUSSIANS HACKED THE ELECTION.

The issue I have here is cause and effect. Is the market moved because of net short or long positions...or are positions net short or long because the market is moving in that direction?

My apologies for an incorrect late night post in answer to your question. Entering a buy limit above current price should result in an immediate fill up to the level of the buy limit. I say "should" because a buy limit is never guaranteed to fill in a fast moving market. If your purpose is to...

It means that if price reaches your limit of 10.12, the trade should execute. If price does not reach that level, then no trade.