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You don't know what you don't know.

If you are good enough at predicting directional moves in stocks to consistently profit from selling premium, then you will be better off trading the underlying. And your trading account will live much longer.

The OP's points should be more carefully considered than the lame responses posted on this thread. Pearls before swine. Anyone with more than a couple years experience would recognize the wisdom of his comments. This is especially true in regards to lost opportunity. For 99.99% of...

All of D.C. is hoping, praying that an economic recovery will pull us back from the brink and help to start paying off debt. Because tax receipts will rise substantially. But if we slow again, look out below.

A good system that can run on limit orders sent a decent time in advance is a decent candidate for C2. But it doesn't like that's what you've got. If you're using market orders, or entering limit orders that require immediate attention, you'll be frustrated. Your trades will be logged...

I can't quantify this in numbers, but job losses throughout the industry (which is far more than Wall Street) would be significant. Brokers, data providers, software and hardware vendors, website operations, etc. etc. IMHO, nobody gives a damn about the impact on individual traders, since...

Very funny. I guess that's what's become of the floor of the NYSE.

Bloomberg Businessweek in newest issue on French taxation: http://www.businessweek.com/articles/2012-12-06/frances-financial-crackdown-is-falling-flat "Consider the 0.2 percent tax on share purchases that France started collecting this month. The first in Europe, the transaction tax was...

I use daily bars for trading intraday. There is no standard or best practice. It all depends on what works for you.

What the hell is pre-transactional market maker activity?

I agree with all your comments. But there is one area of real concern I have, and that's the increasing dollars going into indexes and ETFs, moving money away from direct trading of equities. That's a new phenomenon, one we haven't faced before. It may help to explain the relative...

Not that any of us who trade equities weren't already aware. http://finance.yahoo.com/news/citigroup-layoffs-target-declining-stock-224439897.html

Okay, I apologize for the comment about the gulf being the toilet bowl of the U.S. That was kind of rough. The arguments about the east or west coast of Florida will go on forever. But one thing is for certain, the west coast is not a vacation spot for a guy on his own.

Naples and the west coast is great if you're 65 and love bingo. (The west coast of Florida is the gulf, which is the toilet bowl of the U.S., the Mississippi being the drain pipe that feeds it.)

Delray Beach highly recommended. Great getaway. Super beaches, town is right on the water. Just north of Boca and Ft. Lauderdale, just south of Palm Beach. An hour drive down to Miami and the grove. Nice bars and restaurants, shopping. Fly into West Palm. Drive it on Google Maps.

You asked for responses. You got them from realists. If you're smart, you'll listen and be thankful. If you want to get stroked, go to Facebook or Match.com.

Yes, 20% is a reasonable goal. But it may well take you a few years to get there. And what opportunities will you have you lost in banking during that time? And don't underestimate all the expenses you'll be taking on. A lot to consider. You have the luxury of time. Use it.

Which means, I assume, that you will be buying into strength. Using a market order in that case, you might as well walk around with a sign on your back saying "KICK ME."

As it has been since your first post on this site. So many of your posts are adjacent to those of Murray Ruggiero, why don't you two just start your own dating site, or better yet, just get a room. And if you're going to shill for a vendor, try not to be so obvious. It's insulting to the...

Soviet style authority comes to the EU. Stalin would be delighted. When do they start building the wall?