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You need to get customer service on the phone to determine precisely what subscriptions you'll need. Otherwise, you'll be likely to end up with monthly fees for data that you don't use.

This page may be helpful to you in roughly calculating your market exposure for various futures contracts on major indexes. A good reminder for new futures traders that exposure may be much greater than they're anticipating. www.danielstrading.com/trading-resources/futures-calculator

You're missing a second path, which is to develop multiple entries/signals on the same one or two instruments. For example, I run 7 profitable signals on a single instrument. It can be done.

Specialize, specialize, specialize. You'll make fewer errors, you'll simplify your life, and you'll be much more comfortable financially and psychologically.

Check out InvestorRT at Linnsoft.com. Contact them about optimization.

Thanks for the reminder. Which brings up the inevitable question: When a strong trade signal based on daily bars is set up for a Friday morning, and said Friday is a market holiday, is the signal still valid on the next trading day? Go ask Alice.

Not true with most brokers. They aren't there to protect you.

My first question would regard your use of stops in your coding, if any. A higher volatility environment may require that you adjust stops, and/or profit targets.

I agree. What is the difference between Facebook's activity, and your cable company selling your profile to advertisers to target ads, or a publication targeting your zip code for advertisers, or a direct mailer sending to your home based on income in your subdivision? Is anyone at this point...

The wash sale rule was put into place mainly to prevent investors from selling a losing asset towards the end of the year so that they could book a tax loss for the year...then buying the same or similar asset at the start of the next year. It makes sense that the IRS would want to put an end...

So true. You learn quickly. And got paid doing it. A good day for you. What newbies often fail to realize is the massive impact of volatility on an open options position. Today, you were on the right side of both the instrument and the market. And now you can probably also imagine if the...

And it is also possible that FB could be at 165 on Friday, and you'll be looking at less profit than at this moment. Decay will begin moving rapidly, and if the VIX flattens or pulls back, your position will be further impacted. Such are the vagaries of long options, which you can only...

You have not asked for advice, and I never offer it on specific trades. But if it was me, and I just wanted the learning experience, I would ditch most of my position for ANY profit and let a few puts ride as a learning experience, so you can watch it play out. As this is your first option...

Yes, and if FB is below $160 on April 15 you jump to the head of the class and get the chicken dinner. But good luck with that.

When should you exit your Facebook put to make the most profit between now and April 18? Sometime in the next 5 minutes.

Long options decay. VIX can remain at low levels for a long time while you watch your investment fade away. As regards short options on VIX...don't...ever, never. Good luck.

Brokers are all over the place on this one. Some charge, some don't. And some charge based on the instrument, which is often an annual interest rate applied to the day. So you need to survey the broker, and ask specifically about the instrument you want to short. Best not to take this one...

As this is the second thread today that you've started on the subject of seniors, I fear you've found yourself on the wrong site. It happens as we age. Please point your browser to AARP.com.

Among many issues with shorting puts, the main problem is that in theory it can appear to make sense if one wants to own the underlying and is ready, willing and able to accept it. But theoretical gives way to reality when after writing the put the underlying, for reasons that can't be...

Regrettably, the famous last words of many men lying on park benches.