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  1. lindq

    Setting stop losses

    Okay, let me get this straight. You're going to set a stop loss before your entry? So your stop is in place, the instrument, or the market, tanks under you and you are now filled short at your stop? Brilliant strategy. Not.
  2. lindq

    Just how reliable is backtesting?

    You don't know if your system is in a drawdown, or broken. The fact that you don't indicates a lack of confidence in your system. You simply have not lived with it long enough to make a judgement. That ONLY comes from experience. You may have something valuable. Or may not. Only time will...
  3. lindq

    First Live Trade... What's my next move?

    In general, if you feel you must trade long options, it's a better short term play when you're expecting an explosive move. Volume should be high and spreads tight. But you can't learn without doing, so in that regard you're on the right track. Good luck. And stay thirsty, my friend.
  4. lindq

    First Live Trade... What's my next move?

    You are starting off fighting a huge spread, which price will need to overcome. Second, for the next few months you'll have a terrible delta, so the stock will need to make a very big move for you to see a profit prior to expiry. Third, if you don't have that move then theta alone will start...
  5. lindq

    First Live Trade... What's my next move?

    What was your plan in buying a November ATM call with a 60 cent spread? Why didn't you just buy the underlying? The time to think about your next steps is before you place a trade, not after.
  6. lindq

    What are your favourite investing rules?!

    Cash is a position.
  7. lindq

    How much should I think about commission and liquidity costs?

    That's a ridiculous comment, especially coming from someone with a handle of OptionGuru.
  8. lindq

    How much should I think about commission and liquidity costs?

    Spreads and slippage are a major issue with options. Assuming you are approved for options trading with your broker, you need to pull up quotes for various underlying instruments to see the bid ask spreads. And if you are new to trading, options are not the place for you to be putting your...
  9. lindq

    How often do you inform spouse of P&L?

    Which is not for you? Reporting, or being married?
  10. lindq

    Straight Talk from The Donald...

    Really, why should I bother when your response will simply be that you don't like the source of the information. That's been your pattern. You and Trump have that in common. Try doing your own research.
  11. lindq

    Straight Talk from The Donald...

    Yes, he's even made statements to the fact that he'll be changing once he's in the White House. Most likely he meant changing wives, not his nature.
  12. lindq

    Straight Talk from The Donald...

    Pick anyone at random off the street, and they'll be a better bet than Donald (Our Savior) Trump.
  13. lindq

    Straight Talk from The Donald...

    LOL! Precisely. I just love all these apologists for Trump. They will have a cold hard slap in the face if he ever makes it to the White House. What you see - it what he has always been - and what he will always be. People, especially at his age, do not suddenly change their nature.
  14. lindq

    Straight Talk from The Donald...

    If Trump had ever done anything in the public sphere, then we could better judge. But he hasn't. He's never served a day in public office. So what are we left with to judge? His words? For God's sake, he can't put two sentences together. FAIL His family values? He has 5 children with 3...
  15. lindq

    Straight Talk from The Donald...

    Straight-talking Donald had an interview this week with the Washington Post editorial board. Here is his actual response to just two of many questions. Fred Ryan, the paper’s publisher and CEO, asked whether he would consider using a tactical nuclear weapon against ISIS forces. He began, “I...
  16. lindq

    21 questions for Donald Trump...

    Robert Warren, a former INS demographer whose work was a part of that 1997 report, told PolitiFact that immigration trends had changed over the years. Since 2008, there are more immigrants overstaying their visas than crossing the border illegally, but there are fewer illegal immigrants in the...
  17. lindq

    21 questions for Donald Trump...

    I'm afraid I'm not seeing the borders closed thing. Areas that once experienced a large influx of migrants from Mexico and Central America have fences and border controls that already cost us billions. And if you are socially and politically aware, I'm sure you've seen the statistics that the...
  18. lindq

    21 questions for Donald Trump...

    That is exactly, precisely the problem with him. You nailed it. Thanks to his father's money and bailouts, he has never answered to anyone, and now presents himself as a savior of the common man. He is the very last - the very last - person in the country who gives 2 shits about service to...
  19. lindq

    Trading Near the Close

    You're right, the VIX derivatives bounce a lot at the close. And you've already identified your 2 choices. Either go for a limit and chance missing the trade, or put yourself at the mercy of a market order. You might also consider VXX options, depending on your holding time. They continue...
  20. lindq

    21 questions for Donald Trump...

    Once again - and again - giving Trump a pass. While I appreciate your response, you continue to offer EXCUSES as to why he has not been at all forthcoming about his background. Why is that? Really, I just don't get it. Has he got you all hypnotized? The under-education and unemployed...
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