Search results

Spread order handled at the exchange. Any recommendations on brokers? IB won't approve me for futures :(

I find his take pretty wrong in several ways. First, Cryptos have (I’d argue only) two useful purposes vis a vis the already largely electronic USD. 1) Speculation and trading. 2) Avoiding legal mechanisms (ie. tax evasion and illicit transactions). The other “benefits” such as anonymity or...

“Inflation is always and everywhere a monetary phenomenon”

Setting up an LLC is pretty easy I just did a new one on Rocket Lawyer with the free trial no fees other than the state fee and they'll file w the state for you. Tax wise, people will then Schedule C expenses home office etc.. as deductions. You could operate as a sole-proprieter without the...

Checking out TNU2022/UBU2022. Gonna learn Pinescript this weekend write up a little indicator and backtest. 1 hr chart. Any thoughts on Treas futures?

My strategy requires up to 500k on each side. Not sure what ppl consider a lot of volume I used to do 4-7m shares/mo. by myself. Which i considered a lot at the time. I realize they gotta make money my point is they can take split, they won’t make it off the commish w me. Have no desire to...

Suggestions? Thx in advance Traded prop many years ago Highly correlated US equity pairs, all intraday Need about 500k buying power each side and I’m almost always hedged Have a day job, don’t plan to do big volume I’d go retail but don’t wanna tie up the capital for 1m no. trading just a...

I have some retirement funds that I want to park in a safe trade. Any suggestions? I'd be happy with 3-4% / yr. or so. I haven't been actively trading in the last few years - just need something I can buy quickly (retail acct. can only trade basic stuff) and forget about. thx

Like I said, the safety of the deposit is not an issue. Let me save people some time, in writing the 'sending your money offshore is risky' responses.. Let's say that there is no deposit that would need to be made with this trading group. There isn't any deposit to lose. However, you're...

Losing the deposit or willingly paying US income taxes isn't a problem, but what legal issues w/this? Basically, can some recommend an attorney with expertise in this area?

You may want to reconsider scalping what do you care the strategy finding 5pct per month you're going to be in the 0.01 pct of trader elites. Euro, so you're non US you can trade practically commish free. Theres the edge scalping strategies available at 20 cents per thou that don't work at 3 to...

I think sometimes what people can't cope with is - you have to take losses, big losses too. It could be your successful strategies were crap and time has proven that. It could be your strategy was good at one time and the edge went away - markets adjust and kill edges. If it's about "how good...

VXX doesn't track VIX, tracks futures, correct.

First day trading today. The gist is, it's supposed to track spot VIX more closely than VXX.. and not a day too soon with the major contango lately degrading TVIX & UVXY. Some background, (the click bait headline kind of a bummer..)...

Adding to position Buy Mar-Wkly (exp. 3-22) 16.60 Current position +2@16.95

Close -Mar 16.85 +Apr 18.97 (-.72) Buy Mar-Wkly (exp. 3-22) 17.30

Open +Mar 17.75 -Apr 19.15

Close -Mar @20.12 +Apr @20.90 Win .37 Next trade coming soon

Honestly I say sell puts just to simplify.. Personally I'd do covered calls I don't sell options naked. If $VIX ever goes < 10 I promise I'm doubling down selling more calls.

I can't say I ever go completely naked you'll hedge. I've ridden stocks to 0 - terrifying (but a good learning experience!) https://www.sec.gov/Archives/edgar/data/723527/000093176303001862/g33902tx-53.jpg Something VIX related won't go to 0, for instance VIXY has never been below 10. (I know...