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  1. stevegee58

    Spread/Pairs Trade Between ETF and futures

    Are you actually trading this or just developing the idea?
  2. stevegee58

    1/4% Tax on all stock trades pushed in NY Times today

    DeFazio is a nut case and a lone voice in the House on these transaction taxes. There is no counterpart in the Senate proposing such legislation. Until that happens there's no transaction tax. It's not time to worry yet except to keep writing your Congressman to tell them why it's a bad...
  3. stevegee58

    Trading tax of .25% on all transactions! Have you seen this?

    Here is the site I've been using to track this bill and others I'm interested in. As you can see, it's been sitting in committee since it was introduced and shows no signs of going anywhere. I heard someone say recently that unless a bill is introduced in both houses of Congress it doesn't...
  4. stevegee58

    Black Swan

    Volatility Smile
  5. stevegee58

    Black Swan

    Cheap OTM calls and puts are considered the easiest insurance against "the big one". Keep in mind that the IV on far OTM options is generally higher than ATM every since Black Monday 1987. Look up "iv smile". Higher IV = relatively more expensive. You're paying a higher than average...
  6. stevegee58

    What screen recording software do you use

    Depends on what kind of video compression you use, if you record audio with, how good resolution you use and how much screen area. For all day, expect hundreds of megabytes conservatively.
  7. stevegee58

    What are the charting software used in youtube vids?

    You can do free hand drawing and text annotation on your screen using CamStudio as well. I've tried both and I'm starting to find that Camtasia feels a bit clunky now. I prefer CamStudio because it's simpler and more streamlined. For posting screen shots of charts here and other message...
  8. stevegee58

    help! cannot sleep well -- wake up too early...

    I was poking fun earlier, but I have to reiterate something in the thread that I think is most important. That's exercise. It's just what a doctor would tell you. If you're not exercising now, it's also just the thing you don't want to hear. Basically I fall asleep faster and sleep more...
  9. stevegee58

    Do YOU have a co-pilot?

    I do very little stock or futures trading. Most of my activity is in options, either straight or in spreads. In general options trading is "safest" in terms of having a max risk on each trade. Yes, you can have stops and what-not on stocks and futures. And yes, you can have option...
  10. stevegee58

    Do YOU have a co-pilot?

    Dog is my co-pilot.
  11. stevegee58

    Gold sold from vending machines in Germany

    Well, that's all very nice but how's the food? :cool:
  12. stevegee58

    Gold sold from vending machines in Germany

    Gold sold from vending machines in Germany TG-Gold-Super-Markt has installed gold vending machines in 500 locations including train stations and airports all across Germany. The machines charge about 30% more than the current trading price for gold, and are updated every few minutes.
  13. stevegee58

    San Jose Police Source Warns TTAC That Crime Is Skyrocketing; Take Precautions

    Just like the 70's? Everyone I knew in the 70's were full of love and crappy cheap dope.
  14. stevegee58

    What are the charting software used in youtube vids?

    Camtasia which costs 3 figures. Also CamStudio which is free.
  15. stevegee58

    help! cannot sleep well -- wake up too early...

    I guess what I really meant was get laid with a live-in girl friend with a steady, good-paying job. Imagine the sleepless nights working for the man, being a wage slave, worrying about getting canned.
  16. stevegee58

    help! cannot sleep well -- wake up too early...

    Dude, you need to get laid.
  17. stevegee58

    Honest and low-spread FOREX brokers?

    You're absolutely right about the trading aspect. But why trade with a built-in disadvantage all the time?
  18. stevegee58

    Any retail FX brokers that let you offer out on the real ECNs?

    You're right, it's not bad. If you want to trade with a $200 account, then that's another matter. But for the size you're talking, $1 round trip isn't bad at all.
  19. stevegee58

    Honest and low-spread FOREX brokers?

    Widening the spread during a news event is robbery. ECNs don't widen the spread because there is no spread. There are just other traders' bids and asks in the order queue. Is there slippage during news? Sure. But fixed spread brokers widen the spread and you have no choice but to take a...
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