Search results

You are welcome, and I appreciate all the feedback. I've completed about 50 scalp trades so far using the 3-minute timer system, tweaking the system a little with the suggestions everyone is making. I'm already seeing some pleasantly surprising results, and some of them have to do with...

The brokerages don't charge interest on the 3x leveraged inverse ETF's like SQQQ, SPXU, and SOXS because I am buying them, not shorting them. These inverse ETF's rise in value when the markets they represent are falling in value. If I buy 1000 shares of SQQQ for example, I want the Nasdaq to...

I'm doing all my trading in a Roth IRA to avoid tax implications and wash sale rules, so I can't short individual stocks. But I do occasionally trade 3x leveraged inverse ETF's like SOXS, SPXU, and SQQQ, which is essentially shorting the semi-conductors, S&P500, and Nasdaq respectively. I...

Thanks for all the great suggestions, everyone! I decided to use the 3-minute timer for scalping, and based on all your suggestions, I created a set of rules that go with it. One of the main rules involves using bracket orders with a mechanical stop loss that executes immediately upon entering...

I've been doing a lot of post-trade analysis of my scalping (mostly scalp low-float stocks up huge on the day). My holding times are generally seconds to a few minutes and average out like this: Avg Winning Duration: 2 mins 7 seconds Avg Losing Duration: 37 seconds After crunching the...

Thank you very much!

Oh, thanks. Do you find it more profitable to buy t-bills at auction vs. on the secondary market?

Thanks, I think I understand it, kind of. I was surprised that bond auctions are actually selling old bonds. I thought that was what the secondary market was for. Anyway, I thought the auction I made the purchase at was for a newly issued bond. Are there bond auctions for newly issued bonds...

I need some help. I just bought my first T-bill at auction 3months ago (which I will never do again by the way), and at first glance I thought it lost money. I expected it to pay about 5.3% APY which was the going rate for 3 month T-bills at that time, and instead, it is listed as paying 3.25%...

Yes, it's limited margin that allow you to exit a position and immediately enter a new position with the freed up funds without waiting for the funds to settle. So...if you want to day trade multiple times per day using the same funds in your Roth IRA, you can. You can keep churning the...

Well, I spoke with one of their specialists today and we did a live walk-thru of the TOS platform and the advanced trade orders I am using and he is stumped, too. The Trailing Stop should not have executed pre-maturely but it did. There is a really tight spread on this instrument I am...

Anyone else having problems with Trailing Stops not working with ThinkorSwim while Day trading? I am using a 2% trailing stop based on the MARK at time of entry, and sometimes the trailing stop order gets triggered 60 seconds or so after the entry before the security moves even .1% in either...

He couldn't figure out how to make thinkondemand execute backtest trades that kick off on the open...they are always going to be 1 minute delayed. Also, trailing stop and regular stop orders don't seem to work on thinkondemand for backtesting, which is kind of a bummer, because that would save...

I had the meeting with the TD Amer trading specialist today, and we actually figured out how to create one complex order that gets it all done. Basically it's a buy market order and you specify exact time of day (i.e. 10:00 EST) that executes the buy and triggers a OCA order where there is a...

Oh, wow. I see that now. On Demand has the MOC order, too, so i'm going to play around with it in testing. Thanks!

I can believe that. I would like to read some of those studies, too.

Thanks, I tried that with no luck. I also tried placing the order in the pre-market, and that wouldn't get it to trip at the open either. I have a meeting set up with TD Amer to walk me through a tutorial of TOS On Demand monday morning, so I will see what they say. I also wish Thinkorswim...

When I place a virtual trade in TOS On Demand to buy a stock at the open, there is a 1 minute delay before the order is executed. Basically the order gets filled at 9:31 am EST instead of 9:30 am EST, causing me to get fills that are not accurate. Is there any way to fix this?

Ahh...today TD Amer fixed it. I no longer have the 50% margin buying power. It's back to cash on hand only buying power. That makes sense. I knew it was too good to be true! :) At least now maybe I can avoid T+2 good faith violations.

My Roth IRA is fully invested in long term ETF positions. And without selling those positions, it looks like I have margin buying power of about 50% of the account value. The way it is set up now, it looks like I can keep my long term positions without selling them, and still use 50% of my...