Search results

Yes, Bush is the worst. And I've seen a LOT of Presidents. Bush squandered a fabulous opportunity that is seldom handed a President. 911 gave him an opportunity to enhance the U.S. in every possible way, internationally and domestically. Instead, he made every possible wrong decision...

What he left unsaid was "I have no idea at all what our exposure really is, and I need everything I can get right now."

Yes, and this is an area where the perception and reality of selling premium so often falls apart. New traders don't think carefully about the reality they may face. The perception is - "What the hell, I'll just own the stock if it pulls back. No big deal". The reality is often quite...

You need to enter RUT as the underlying, then select TFZ8 as the current contract emini. A very stupid arrangement that has caused my trading plaform problems. But that is IB's fault, not ICE's. God only knows why they assigned a contract base symbol different from the underlying, which...

Despite my anxieties, the movement last week from Globex to ICE seemed to go well for ER to TF. I didn't notice any downtime despite the market volatility, and no problem with my fills through IB. What's most encouraging is that my ER systems have thus far held up with the new contract...

If you want to trade for a large firm, then the source of your degree can have some impact on your initial opportunities. If you want to trade privately or prop, it makes no difference. Ignore anything you hear or read about potential earnings. "Potential" is unlimited. "Actual"...

You should consider this ONLY IF: 1. You are fully prepared to own the stock at a lower price, even if the stock falls dramatically on bad news. 2. You are very conservative and always keep a close eye on your complete market exposure if all short puts in your account take a dive...

Dammit boy, stand up and be proud to be a short seller. You're a good damned American, and I wish this Army had more like you!

Yes, but don't forget the idiocy of politicians, especially in an election year. And don't forget that Cox works for the President. (Yes, we have a President. If you've forgotten, I can understand.) You can imagine the conversations on the hill right at this moment. "Yea, it's...

Sounds like your entire approach has been based on trying to time the market and various instruments based on your "feelings". ALWAYS a bad idea, and especially now. You need to develop a systematic approach and stick with it with discipline. Regarding Fed intervention, this is very...

This will be your first mistake, and possibly a fatal one. Trading on "gut feeling" is what puts new traders out of business quickly. It will take you years of screen time before you can master that, if ever. You need to start with developing a precise system which you've backtested and...

You'll understand the concept if you pull up a daily chart of the VIX, alongside a daily chart of the S&P. You'll note that over the past couple years, a spike in the VIX over 30 has corresponded to a temporary bottom in the S&P, followed by a tradable rally. The obvious point here being...

As a new trader, options are absolutely NOT the solution to your problem. It's fine to say "Oh, I just limited my risk to a total of $400." But the odds are great that you'll lose 100% of that $400 time and time again, and have nothing to show for it. The options market is not structured to...

What planet do you live on? Obviously not this one. Tell the many thousands of homeowners who are in default, and who are losing their life savings, that this is a 'rich man's' crash. The highly placed Wall Street Executives in their oak paneled offices are in no danger of losing their...

With many thousands of instruments that can be traded, on many markets, and all in constant flux, there are millions (billions?) of ways to make money from price movement. Or, lack thereof. I wouldn't worry about somebody stealing your edge.

A million bucks? Heck, that's what Robert Redford paid for Demi Moore in 'Indecent Proposal'. And this skank ain't no Demoi Moore. And the Bunny Ranch ain't no luxury yacht.

I've traded ER2 the past year, after the original uptick rule was removed on all stocks. I'm wondering if the removal increased volatility on the ER...or if this year's action is fairly typical of the index, taking into account the overall market increase in volatility.

I noticed the same, but realize that TFZ8 has no "back" to fill.

If you can continue trading what has already given you profits, and keep your employment at the same time, you should do so. Having the ability to sit in front of a trading screen all day doesn't necessarily increase your chances of success. On the other hand, if you have a burning...

My wife is a Realtor and I invest in real estate, so maybe I can offer some advice, for what it is worth. Regarding REOs, there are better deals to be had with listed sellers who are in serious distress. You need to locate a good Realtor and clearly explain what you want, and that you are...