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  1. tommcginnis

    HELP!

    And likely, near the high of the day (as we ease from +0.25% to -0.40%). "Sweet!" man -- very sweet.
  2. tommcginnis

    why don't i see the profits

    Financial options (whether for corn, coffee, or cash) are insurance policies. By selling options, you have become an insurance provider. The options you have sold are liabilities on your account, which liabilities you HOPE will shrink, and the position become profitable. When you buy-to-close...
  3. tommcginnis

    Technical Analysis is total rubbish! Here's the proof!

    Indeed you have: you have posted your way into intermindable loops and self-contradictions 3 different times. I hope you read this over when you are sober.
  4. tommcginnis

    Technical Analysis is total rubbish! Here's the proof!

    At present, future prices don't exist. All we've got are bids and offers, bids and offers. So if we can sharpen that nearly-infinite universe down some, that would be A Good Thing. Enter, "T/A"..... ("Yayyy-yyyyyy!")
  5. tommcginnis

    Technical Analysis is total rubbish! Here's the proof!

    Two words for you: algorithmic trading. You're welcome.
  6. tommcginnis

    Blowing up/ getting wiped out on options

    Good. Cuz when the phoo-phoo hits the oscillator, ......you're going to get your head blown off. Doesn't matter who did what to whom, or what time of day it is, or how you were 30 days from making a down-payment on a house..... you're going to get your head blown off. Treasure Chest as Broken...
  7. tommcginnis

    Women and life balance

    There are times when your Intellectual Capital MUST lead you places: But the most important line in that movie is one which most people miss: "Happiness [is] only real when [it is] shared." SO! We all have some amount of Intersocial Capital. Some of that Intersocial Capital is Emotional...
  8. tommcginnis

    Some ramblings on Milton Friedman, praxeology, the Austrian School and George Soros

    Think of it as just dipping your toe in the (explanatory) waters. You don't have to explain *everything* -- just enough to shed light on the little corner in front of you. Like Einstein's Special Relativity -- leave the Big Deal (The Theory Of General Relativity) for later: let's just specify...
  9. tommcginnis

    HELP!

    "Find-a-friend" and wire the money. You've got the weekend. Wires (used to be) instantly available. Keep IB apprised. GOOD LUCK. And very much, DO let us know how you make out.
  10. tommcginnis

    Technical Analysis is total rubbish! Here's the proof!

    Congratulations -- but look up Monte Carlo analysis. Poke the {ReCalc} button on your keyboard a thousand times, and "call yourself an Institute." If you put in just a little effort and thought, you'll be posting a different story in no time at all. [cue Christopher Walken voiceover] "Hey! This...
  11. tommcginnis

    Quiz

    Guys! Guys!!! Please! Here, allow me: There now -- that wasn't so hard, was it? :D
  12. tommcginnis

    A leap of faith

    Oh screw you, buddy. Sc-rewwwwwwww you! ((( :D ))) I would give my left [name_your_favorite_body_part] to unload this pile of crap I have to attend to every single dayyyyyy. HATE IT!!! {Maybe.} I AM The Trade Staff. I AM I.T. I AM Legal/Compliance. Research??? Me, too...
  13. tommcginnis

    Quiz

    You mean, like a bamboo trunk and some elemental sulpher? "Hey, man! A little twine and saltpeter, throw in those sparkly rocks over there, and you really something!" :D
  14. tommcginnis

    A leap of faith

    12 years ago: after getting stabbed and screwed for "pursuing excellence" in the job world, I went to work for myself. STILL scary -- every single day.
  15. tommcginnis

    Quiz

    Buy AAPL. :D
  16. tommcginnis

    Some ramblings on Milton Friedman, praxeology, the Austrian School and George Soros

    Love your post. BUT!!! There are 2-3 flaws that kill it. The biggest of these is that you have created a false distinction between Popper's reliance on empirical evidence to arbitrate truth from fiction (or, what Uncle Milty called, The As-If Principle), and Soros' 'flexible mindset'. There be...
  17. tommcginnis

    Butterfly thread

    Not my kind of trade, but I've done enough of them in the past year or so to recognize a good, balanced, soundly-based set of trading protocols when I see it. So, FWIW and all, "Nice post." Glad to read a thoughtful post.:thumbsup::thumbsup:
  18. tommcginnis

    Who should I ignore?

    You keep using this term, "accredited traders"... "I do not think you know what this [term] means..." I would [tend to] ignore anyone with a [BSD] ego, who posts to a trading forum from a set-up of soup cans and a battery-powered mouse/keyboard...
  19. tommcginnis

    Who should I ignore?

    Cocky people are dangerous: costly. And because they eventually disappear, they have cost themselves, too. A shame, that. But don't bring others down with you. Sheeesh. Piglet would make a fine trader. (IMO.) https://en.wikipedia.org/wiki/The_Te_of_Piglet
  20. tommcginnis

    Vote here if you think this is the beginning of a bear market of 2018?

    Fundamentals *are* strong. But like today (big earnings beats; market down ~1.0%), the economy that drives the fundamentals, and the market (the wagging tail on this dog), are importantly different. The market went up on cheap cash and *hope* for earnings catch-up. The earnings are here...
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