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  1. stevegee58

    HLF iron condor, weekly

    If you're bullish why enter an IC? That doesn't make any sense. This is a very dangerous position. Waiting for either side to go ITM is just plain nuts.
  2. stevegee58

    Best Password Recovery

    Believe it or not I have actually run this setup (with 1 GPU, not a cluster) and it's very compelling. But the caveat (as pointed out in the article) is that long passwords don't matter as much if they contain only normal words. Using random passwords is an effective countermeasure to...
  3. stevegee58

    If You Can Draw A Straight Line . . .

    Which tool are you guys alluding to with variable speed playback?
  4. stevegee58

    Is it possible to manage trading with your real job

    I meant a *real* job where you're expected to do actual work. Unless you're some kind of genius your job performance will suffer and sooner or later you'll be fired.
  5. stevegee58

    Has SLV Bottomed?

    Would you be willing to go into a precious metal dealer's shop and buy silver bars?
  6. stevegee58

    Is it possible to manage trading with your real job

    It depends on the type of job and it depends on the type of trading. e.g. Daytrading while working a normal wage slave job is not sustainable.
  7. stevegee58

    If You Can Draw A Straight Line . . .

    This reminds me of a thread I read somewhere called Trendline Break The Only System You Need or something like that. Basically entries were based on technical failures of trendlines and I think sup/res lines.
  8. stevegee58

    If You Can Draw A Straight Line . . .

    I'm seeing pretty explicitly how higher timeframe sup/res levels are generally more important than lower timeframes and trendlines. I've done this sort of sup/res analysis before but found that it's easy to go overboard drawing horizontal lines at *every* turning point. It can make for a...
  9. stevegee58

    Looking to find a trading mentor

    I feel so naive sometimes. Isn't that sort of collusion illegal and relatively easy to detect?
  10. stevegee58

    The Most Important Day of the 21st Century

    I predict the earth's population will decrease sometime before the middle of this century - but it'll be due to a human-caused environment disaster or plague.
  11. stevegee58

    $500+ a day trading index futures, possible?

    You just mixed memes. Never mix memes.
  12. stevegee58

    This starts to look pretty ugly. 1567

    I never have, nor do I now, nor will I ever belong to Facebook.
  13. stevegee58

    IB on iron condors and new margin rules

    All these questions can be answered by simply opening up TWS and playing around with the option trader screen. On IB you can create an arbitrary option spread up to 4 legs. 6 legs is not possible as 1 spread. They have canned "standard" spreads but you can create variations such as...
  14. stevegee58

    If You Can Draw A Straight Line . . .

    I'm just asking because I've seen maybe a dozen new acronyms introduced in the thread with no prior definition.
  15. stevegee58

    If You Can Draw A Straight Line . . .

    So the opening low is the low of the range formed some number of minutes after the NY open ?
  16. stevegee58

    If You Can Draw A Straight Line . . .

    Is the opening low the same as the premarket low?
  17. stevegee58

    If You Can Draw A Straight Line . . .

    Please define OL, RET, FO and DL
  18. stevegee58

    Stevegee58's Option Trades: Road to Consistency

    My July NDX and RUT ICs expired worthless over the weekend. After the adjustments to roll out the call sides the ICs never needed further adjustment. After a few months of this I've come to realize that on paper these ICs are high probability but in practice the expenses of entering and...
  19. stevegee58

    You are going to work until you drop dead

    Like my late father and his brothers I'll most likely continue working into my 70's because I like it and want to. As an engineer/programmer I'm a professional problem solver. Why would I want to stop doing what I enjoy so much?
  20. stevegee58

    Is SPY due for a Pullback?

    That doesn't make any sense. Periods of low volatility are a red flag for a coming period of high volatility.
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