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  1. tommcginnis

    Some of IB's option quotes are wrong

    CLUES for the confusled: 1) Don't trade markets where no one else is trading. ("Really? 33% above current traded price is too far out?") 2) Don't have two identical OptionTraders up, without expecting TWS to be unhappy. 3) Ctrl-Alt-F is your friend. :)
  2. tommcginnis

    Some of IB's option quotes are wrong

    Bring up OptionTrader, guys -- there be no market where yous' is at.
  3. tommcginnis

    trend lines

    ^^^ this! ^^^
  4. tommcginnis

    The Hate on XIV, SVXY is Unfounded

    People had been going fast on motorcycles for a long time, but in the mid70s, they were topping 100 mph regularly, and without blowing up. On the roadrace circuit, they were taking these well-executed, neutral-geometry monsters and goosing them with sticky tires and exacting suspension and...
  5. tommcginnis

    trend lines

    It depends on starting price and percentage move, whether a log makes more sense over a standard scale. A $2 swing on a $20 stock is a head-turner. A $2 swing on APPL, less so.
  6. tommcginnis

    Pekelo explains the sell off

    "Disappointing"??? Last I heard, 78% beat top and bottom. Whu' happen'd?? (My suggested reply: Janet and Jay took away the punch bowl. And every body said, "Wuhhhhh!! 'Buzz kill!!' We're going home!")
  7. tommcginnis

    Pekelo explains the sell off

    "Guilty!" {holds hand up.} Good point. At least for the DOW, but it was a worldwide route, too -- so lots of stuff in play.
  8. tommcginnis

    Pekelo explains the sell off

    I'm not usually a "pure technicals" guy, but Pekelo gives us a pretty fair analysis, IMO. In the screen capture below (and apologies for being redundant from other threads), the yellow trend sits ~20pts ON TOP OF a two year trend, and has been a fair guide for option-writing at/above that line...
  9. tommcginnis

    Time to bargain shop or expect more downward momentum?

    That yellow line is ~20pts above the tops of two two year trend. My vote is, "Buy!"
  10. tommcginnis

    Is this the return of tick scalping in the ES?!?!?!

    "Back in the day"..... With a 3pt-5pt ATR since 5am, and with plenty of 'hair'/wicks on those rangy candles, I can recall making a day's income before cash open on days like this. :cool: This past weekend, I looked around a little bit, to put a sub-Account together for tick-scalping. I'm not a...
  11. tommcginnis

    Is this the return of tick scalping in the ES?!?!?!

    C'monnnn turdburger! Can't you put me on Ignore, like you *claim* to do so readily and often to everyone else on this *social* platform? Purty purty please? :D
  12. tommcginnis

    Is this the return of tick scalping in the ES?!?!?!

    What about "I don't scalp in 2018" do you not get, Massive Turdburger?? (Yeah. I know. But I'm not going to devote a second more' worth of brain output to this..... turdburger. I mean, really. :rolleyes:)
  13. tommcginnis

    Monday call! Up or down?

    I'll bet you did! No -- I'm doing OPM right now, and precluded. (AND THANK GOD.) But, were there a long-equity portion (down the road, down the road) BOY-n-howdy, I'd be buying this dip -- at least below 2675! Jeeez. Just to remind our newer viewers, that fat yellow line sits ~20pts atop a 2+...
  14. tommcginnis

    Monday call! Up or down?

    :vomit: :wtf: I'm feeling like I need to apologize to somebody, somewhere, for something I didn't know that I did. :confused: Excuse me while I check the market. :vomit: Well, one thing though: with this outrageous vol, at least there are places to go. {cue very weak :fistbump:, very...
  15. tommcginnis

    Is this the return of tick scalping in the ES?!?!?!

    You misunderestimate yourself.
  16. tommcginnis

    Monday call! Up or down?

    I am working hard to juggle, myself, Ovs. I always tell people that I "hate [market] history." (As in "Market made history today!") And boy-n-howdy, I have hated December, and hated January, and now..........:confused:
  17. tommcginnis

    Risk Management When Trading Spreads

    Expectancy: that is the magic word. It doesn't have to be all Kelly or Van Tharpie or even my personal fav. Al Sherbin. But simply paying attention to the probabilities of the $$numbers you're considering, and you're half-way there. But you have to work with a reward and risk number that reflect...
  18. tommcginnis

    Monday call! Up or down?

    :(
  19. tommcginnis

    Monday call! Up or down?

    Dude! :wtf::wtf::wtf: A "crash down" is when your screen runs out of pixels. Take your graphs out to 4-5-6 years, and look at *those* dives. "Them 'er dives, yes-th'are!!" Indeed.:cool: Oh, and Monday? I can't-in-good-conscience call. We're about where the top of a two-year SPX trend would...
  20. tommcginnis

    Trading Rules

    Real live trading rules -- from a real live trader -- maybe in response to a real live (if newborn) market? This market just keeps getting better and better. :D ("Nice post, Spectre!"):)
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