Search results

  1. lindq

    Does it make more sense to sell puts instead or buy shares?

    And it can often be a loss that remains a loss. When you write a put, you're making the assumption that shit isn't going to hit the fan for that particular instrument. But when it does...and it can happen for a number of reasons...you can get stuck holding a pile of crap for a long time, and...
  2. lindq

    Does it make more sense to sell puts instead or buy shares?

    But the markets will often not conform to your nice little sheet. And when you're short puts, you can easily give up a year's premium earnings in a day. The past 30 years have included a number of events that have wiped out funds and traders who were playing that game.
  3. lindq

    Questions on Trading VIX and VIX Derivatives - Liquidity and Strategies

    I'd suggest that anyone who is tempted to trade VIX derivatives just shoot yourself now and avoid a lot of grief later.
  4. lindq

    Economists Say Inflation Would Be Worse Under Trump Than Biden

    What the hell did he say? I don't know. And the scary thing is, he doesn't either. The man is a world-class chef of word salads.
  5. lindq

    Economists Say Inflation Would Be Worse Under Trump Than Biden

    IF Trump is elected, he'll be coming into a very strong economy with all numbers headed in the right direction. He'll need to tread very carefully not to screw things up. Which is unlikely.
  6. lindq

    Basic beginner questions like paper trading

    Some broker platforms let you enter simple buy and sell orders based on price and time, which continually need to be reset. But what you are envisioning is beyond that level. You'll need to engage with a trading platform (of which there are many), and to learn a programming language particular...
  7. lindq

    Climate change is pushing up food prices — and worrying central banks

    You are deluded, my friend. Reading comments like yours, I am reminded of the story of the frog that was put in hot water, and didn't realize until too late that we was being boiled. Our time to act has passed...
  8. lindq

    Idea in extracting the title of an article?

    Welcome to my ignore list, where you'll join a large group of fools I've collected over the past 20 years.
  9. lindq

    Value Investing

    Your strategy of finding short term entry points on otherwise solid companies can be a valid approach, so long as you can define a small universe of equities that fit your criteria, and can, through testing, define valid entry and exit points. This is also the approach generally used by Jim...
  10. lindq

    Professional Trader Status - question with personal accounts

    Put your focus not on what's easy or convenient, but what structure will best protect you legally, in worst-case-scenarios. Imagine the worst that can happen, because when it involves OPM, it probably will.
  11. lindq

    Please help me understand bid/ask and limit orders

    Because it isn't a perfect world. For example, yesterday I missed what would have been a great trade if I'd used a market order, guaranteeing a fill, on a highly liquid ETF. But I went for a limit just a few cents below the opening print. It never filled. Then the stock took off without me...
  12. lindq

    Fills in paper vs live trading

    As regards the actual mechanics of how IB handles fills in paper trading, I don't know because I've never asked. But its a very good question. If you follow up with them, let us know the result.
  13. lindq

    Fills in paper vs live trading

    The biggest factor is liquidity. This is especially true if you are using market/OPG orders at the open. I only trade a few very active and liquid instruments, and the fills in paper and live are often very close at IB. But anything with a spread is going to be problematic, and you can't...
  14. lindq

    How to register as professional trader with the IRS?

    A big waste of your time, unless you're extremely active, full time, and do hundreds of trades per year. Otherwise, the IRS considers you an investor.
  15. lindq

    Dave Ramsey Portfolio vs. 100% S&P 500 ETF (VOO, SPY)

    Generally, over time, you can just assume that anything that is correlated to the overall U.S. market, is going to underperform if there is a human in the mix. Of course that will include any kind of actively managed fund. While there are exceptions, you will need to be lucky to find one...
  16. lindq

    Study Guide for Dest's Journal

    If you really enjoy trying to make sense of meaningless ramblings and mumbo-jumbo, then you'll also enjoy the posts on this site of Jack Hershey. He managed to confuse gullible ET members for many years. Don't be fooled. If someone is not making sense to you, then they simply are not making...
  17. lindq

    Borrowing from a solo 401k

    Writing options always comes with a lot of risk. Why do you think your 401K disallows it? Because shit happens, that's why. And why would you bother when you can get over 5% with T-Bills?
  18. lindq

    Advice vs opinion: legal boundaries in portfolio assistance?

    Have you considered that she may have relatives and/or heirs? Do you really want to be answering to them in the future if (when!) your suggestions go south and you aren't licensed? Not at all worth the risk. Walk away.
  19. lindq

    Is crime hurting out economy ?

    Correct. There is no data supporting the idea that there is more crime under democratic leadership. In every election in which democrats are in power...and I've seen a lot of them...republicans never fail to roll out the soft on crime playbook.
  20. lindq

    Should i put 300k into an S&P 500 ETF?

    If you have 30 years, yes, definitely put it into the S&P. The challenge will be for you to hold that position through market ups and downs, good and bad news and events. Don't be tempted to get into market timing or trading strategies with that long-term holding. Set it aside and let it grow...
Back
Top