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I really scream every time I see this statement, because it is such a pile of B.S. You may justify writing a put on XYZ, thinking that you wouldn't mind owning it. So 30 days from now XYZ tanks on bad news and forecasts softer earnings for the remainder of the year, and you end up holding...

That's an outstanding letter. Factual and to the point. Thanks for sharing.

Oh, sure, that makes a lot of sense. Under that scenario, you pay the government on your losses as well as your gains.

Yes, correct assumption. And that is my current configuration. Running two platforms, each with an account.

I have for some time been sending HTML to a system-tracking outfit that converts the HTML to trading data and places the trades in simulated accounts. So somehow, it appears that they are converting the HTML into code. I have no coding background, but given how far things have come in the...

Thanks for the response. Yes, after doing a search I did notice that there are some "translators" for HTML into Java, etc., which IB's API info seems to suggest is a useful language for their API. Thus, I am going to assume (?) that an experienced coder can probably accomplish this. Of...

I'm not a coder. But I'm wondering if it is possible to use HTML to communicate with IB's API to place trades. I do know that it isn't possible to directly get a signal to IB's API with HTML, but my thought is there may be a way to "convert" an HTML signal to a language acceptable to IB's...

Your experience seems to indicate that you are certainly moving your stops to even too soon, and they are getting hit within a normal trading range. In my overall experience through thousands of trades, as a general rule I'd say the best strategy is to set an initial stop at a comfortable...

Okay, so she told you she isn't going to have sex with you because of her religion, right? Well, friend, it isn't about her religion. It's about you. You could turn her into a Whirling Dervish or a Black Witch of Warlond, but it ain't doing to get you laid. Sorry.

+1 It is easy (and stupid) just to point the finger at Wall Street. The harder job...and the one that should be done...is to identify the government officials who controlled the regulatory process that allowed this to happen. This used to be a job for the news media. But no longer...

I've taken a home office deduction for 11 years, and never had it raised as an issue, even during those few times when I was questioned about other small issues related to trading. The home office was NEVER an item on their list. If the space you are using is dedicated to work...and you...

LOL. This is a trading site and you folks are bitching about wealth?

A few of history's most famous last words:

But you don't know what you're missing. There's just no better fun that trying to dig yourself out of a losing, complex position while your phone is ringing with a margin call from your broker and you're getting stuck with an underlying you didn't want in the first place and your palms are...

There is a huge amount of frustration in the country, as the official unemployment statistics don't come anywhere close to defining how difficult things are for so many. Here in the Phoenix area for example, the county has 14% of homes that are now vacant. Other areas of the country are...

There are cases to be made for both long and short AAPL. But the best case to be made is: "If in doubt, stay out."

You should be so lucky that anyone would care.

Given the black hole of debt that is sucking in the finances of the EU, there isn't a chance in hell that any Euros that might come their way are going to escape the pull of that gravity. The idea that a single cent or grain of rice from a financial transactions tax is going to be put into...

That's a very good point, and the one in which the statistical advantage in baseball falls apart. It's also briefly touched on in the film. The problem is that over the course of a season, a statistical system can work for you. But in a 5-7 game series, the sample period is too small...

His 'system' became public knowledge, thereby negating his edge. One line in the movie struck me as having a clear application to trading. I can't quote it directly, but it referenced the need to think of statistical probabilities not in terms of one at-bat, or one game, but as a long...