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A 5% Box is a sweet thing, but not having one in front of me, and *especially* not knowing about the opportunity cost of locking up that much margin..... I'm tempted to lean on BOOK THE PROFITS as a fine starting point. If you weren't going to play through Jan 2020, then BOX it up. But to lock...

Locking in this gain will save you *much* more grief than avoiding a tax bill. You need to make a table of what your choices are, and fill that table in with the tax consequences per scenario. Don't forget 1256 contracts, should that be advantageous. Pricing out the initial tax bill, and...

Well, as a former commission economist, I can tell you that if you don't like what you read, it means the commission staff knowledgeable on the subject were duct-taped in the corner, tapping out Morse Code with their toes. :wtf: :confused: :mad: Been there, and WOW done that -- the last one to...

I only discovered these grey/green-themed Youtube vids recently. (Within the last 6 months??) And usually, such well-polished/produced things are utter buffoonery that borders on criminal fraud. But I've seen at least a dozen of these things -- if not more -- and if that's only 10% of "106...

Everybody who trades for years thinks that those who trade over months are idiots. Everybody who trades for months thinks those who trade for weeks are idiots. Everybody who trades for weeks thinks that too of those who trade for days. And everybody who trades for days thinks that intraday...

There is definitely money in that "Wilder"ness. I find it kinda hilarious the number of shops and individuals who're all fired-up about algo trading, and not realizing the Wheel that they're re-Inventing goes back nearly 50 years, fercripsakes. So, I tweak and I polish and I ML my way to the...

The Market.

Discretion of the broker matters: https://ibkr.info/node/66 "Finally, note that SMA is a Reg. T concept used to evaluate whether securities accounts carried by IB LLC are in compliance with overnight initial margin requirements and it is not used to determine compliance with maintenance margin...

Years ago, I thought the MACD -- and 90% of T/A stuff, for that matter -- was a grotesque fraud perpetrated upon guileless traders. I was a tick scalper at the time, and lived the 4-hour/1min chart. And what worked, worked. And what didn't, was (that) 90% of everything else. Then, late 2017, I...

WOW. MISSED THAT ONE.:wtf::confused::wtf: Thank you, ironchef. :rolleyes::rolleyes::rolleyes:

That IS pretty nuts. You seem to be thinking that your stop was a stop-limit -- make sure of that. When the stop is triggered, the order is then submitted as a limit order. If it was set as a stop (or "stop-market"), then when it gets triggered, it clears out the book headed downward. Those...

If you're [strictly*] trend-trading, you don't have a profit-taking exit, only a stop-loss. (And, your stop-loss is based on drops that statistically indicate a change-of-direction. Data data data.) Given that, if your stop-loss gets hit, you're out. (And, recognizing that an exit signal is not...

I recall from the hour-long version of this, that there was one screenshot that revealed the TWS "SIMULATION" banner across the top of the screen, and that it was a total fraud, for no more than ego -- i.e., "How much of an audience reaction can I generate?" This 7minute version is but a nibble...

What the hell is this? Are we talking some amalgam of |δ| @ .70, .50, .30? Are we talking a single strike at |δ| =.50? Are just buying OTM?!? That'd just be a joke. Unless GS is *specifying* the purchase regime, I smell a rat.

https://xkcd.com/2102/

Carneros8, take note. Scalpers can profit from the sloping saw, even while they're working the individual teeth. Swing-traders can tweak the teeth for points, even while they're watching their longer swing trades work that longer action. Specializing is good, while you're getting your feet...

Which trades? The bracket trades in a fast-moving market? "Faster than I can exit by hand." The primary trades in a 3-10day program? ~7 days. The secondary trades meant to nip the turns of the primary program? ~1-2 days, but of a 2xfund.

So, the purpose of a corporation is to bring gains to the workers. I think I've got it right. I admire Bernie Sanders -- I have from the time he was mayor of Burlington VT. Straight shooter, focused on the common weal. A moral and upright kinda guy. (Don't ask me about the other one, whose name...

So, you give up 100% in purchase price (of your 'insurance'), rather than 'playing the odds' of a one&done SL? I've done this for investment positions, or for trades that were already troubled, but I've (somehow) never thought about the advantages of doing this as part of an ongoing trading...

Having jumped into "trend exploitation" in 2018, it means I've kinda put-to-bed my options work. But I was reminded last night of something I did that fits into the discussion right here: I took the Black Scholes Merton PDE and deconstructed it into what in current vernacular is a Profit...