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  1. syswizard

    TLT--the long ride might be over

    Well this move to 1% just can't be good for US equities....in the long run. It indicates extreme stress in our financial system....and economy. However, what else is there to invest in except commodities ? And I don't quite see any value there....especially with gold....WTF, we are in a...
  2. syswizard

    what is a great broker for penny stocks?

    What about Robinhood - the free trading app ? Read about extra fees involved with Non-DTC Eligible securities: https://d2ue93q3u507c2.cloudfront.net/assets/robinhood/legal/RHF%20Low-Priced%20Securities%20Disclosure.pdf
  3. syswizard

    Trying to transition from full time job to trading. Having trouble with discipline.

    Thanks for that.....wow, all 5 and 4 star ratings on Amazon !!
  4. syswizard

    Trying to transition from full time job to trading. Having trouble with discipline.

    Rob Carver's website and especially his blog are awesome. I love this classification of traders: Super Traders with both the skills and the discipline Committed and useless; with the discipline but not the skill Clever and Chaotic, skills but no discipline Useless and Chaotic, no skills or...
  5. syswizard

    Straddles, are they ever profitable?

    Too small of a sample size to make any inferences, but you have a 78% win rate...with an average loss of about $200. It looks like your average win is about $144 per trade. I'll bet that with more trades, the win rate will decline and the average loss will be about twice the average win.
  6. syswizard

    Valeant? VRX

    Valient continues to bounce around here at the $20 level. I think there is potential for a bounce in here after the next pullback in the general market. Also, XBI seems to have found some strength here as well.
  7. syswizard

    Trying to transition from full time job to trading. Having trouble with discipline.

    That would be using stocks. 20 lots in ES futures would be only require $50k in an Interactive Brokers account.
  8. syswizard

    Valeant? VRX

    Bank analysts are notoriously late with their calls. Where were they 6 months ago ?
  9. syswizard

    Straddles, are they ever profitable?

    Exactly...so SELL the weekly straddles. The theta is on your side with such a short-term trade.
  10. syswizard

    Lenny Dykstra- On CNBC today !!

    Agreed....likely due to drugs....
  11. syswizard

    Lenny Dykstra- On CNBC today !!

    Of course....pumping his new book: House of Nails
  12. syswizard

    Backtesting ideas?

    Sadly, Sami passed away last week....cause of death unknown. He was a brilliant programmer and data architect.
  13. syswizard

    more graphics cards that connect with usb?

    What are you talking about....re: "4k" ??? I saw no mention of that.
  14. syswizard

    Valeant? VRX

    Another option is to do a bull put spread: The purple line is July 18.5 call purchase... the white line is July 18.5 put sell, 22.5 put buy. Still, the better time-line may be to go with August expiration. Bottomline: we are looking for a 20% "pop" in VRX before expiration.
  15. syswizard

    Valeant? VRX

    IV has zoomed, so buying calls outright might not be a good idea.
  16. syswizard

    more graphics cards that connect with usb?

    I am using two from Cable Matters. Very nice....and you must install their drivers before they will work. I like these because they work with both DVI and HDMI.
  17. syswizard

    Recession in 2017 after Briexit?

    Omigosh....and here is another example...likely supported by CHEAP FOREIGN IT WORKERS: www.weather.com I can never get my local weather for the current date. It always shows the forecast 5 or so days ago......totally worthless. Also telling: there is no feedback form....no one can post a...
  18. syswizard

    Recession in 2017 after Briexit?

    Bingo...and you should see the margins they garnish (Cognizant, InfoSys, Tata, etc).... it's incredible. And when the hiring corps have a software disaster like Mariott did when the doors locked to the hotels at midnight, THEY WON'T ADMIT THE CAUSE WAS THE CHEAP FOREIGN LABOR. No way..I tried to...
  19. syswizard

    Recession in 2017 after Briexit?

    Amen...but what about in America ? Everytime I go out seeking a new contract in IT, I am met by HORDES of foreigners..... Indians, Chinese, and Russians to name a few. And they are definitely fluent in their respective languages. I think we are in worse shape than the Brits.
  20. syswizard

    Jon Najarian's Brexit Options

    Hindsight is always 20-20.
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