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First get an account at a reasonably priced brokerage firm like interactive brokers, second don't daytrade options the spreads will kill you, third if you do trade options realize that the market will do what you don't expect it to so the more ridiculous a trade seems the better it probably is...

course you can do what you want with any trading vehicle, plenty of people use etf's for long term investments even inverse short ones. Personally i don't think the inverse leveraged funds are very good trading vehicles but to each his own.

srs is a proshares ultra short 2x leveraged etf the stupidest product to destroy wealth created in recent memory except for the new 3x leveraged etfs of course lol The etf is marked to market daily so if you buy it and it goes down 5% the first day you are down 10% on your original investment...

ritholz is still 70% cash and thinks you can buy assets you like 50% lower at some point that's not quit bullish imo. Fleckenstein probably wants to be an academic and teach college students, running money is too stressful lol

The government can't force people to take risk with there investments, we are in a period of caution by the institutions who have obligations to raise cash. While high grade corporates improved in november as well as cp which is a plus, junk bonds continued to detoriate as people don't have...

401k liquidations on reading year end statements and the big life insurance companies liquidating there investments to pay off policy holders can't be good for the stock market either. In a market with no liquidity we can have huge moves either way depending on currency fluctuations and a few...

if you live in europe you must have money denominated in euros so you are already taking currency risk every day by being long the euro:), if all your money is at ib and none at the bank a:( you could hedge the 15k with forex options as for selling efp's they will use up some margin by being...

smartest option is probably to put the money in a bond etf such as shy (short term treasury) or lqd (high quality corporates) or hyg (junk bonds), this will marginally lower the amount of leverage you can use with stocks but imo you shouldn't be leveraged with stocks outside of daytrading...

if 100% of the money was in way out of the money puts the first positive quarter would wipe you out. The return on the treasuries is probably how the fund survived for 20 years. You only need to risk 10% of your equity in ridiculously out of the money puts to make a killing in a market crash...

the system broke when lehman collapsed, it caused a lot of forced liquidation along with hedge fund and mutual fund redemptions causing a string of down big days followed by a day where there was no one left or willing to sell and only buyers so of course we went up big

you get poor ib charts of arca stocks, personally wouldn't bother with level 2 if you are into looking at order flow they have more detailed stuff you can pay for or be given for free with booktrader for futures

short selling ban lifted as of oct 8th so all oct options are fine to short even ridiculously out of the money gs puts lol

wsj reporting merrill deal is done at $29 a share wow glad i'm not short that one

lehman was dead as soon as it was apparent no one was willing to buy them at any price and they admitted they wanted to sell part of there asset management unit which was their crown jewel, the merrill deal is not done yet and they may well back out the logic is that merrill has a lot of...

lol the price will be lower like 25.50 if the offer is 26 until the deal actually closes, the arb funds would have a field day shorting the stock if the price ever got to 26

not yet, cnbc asia was saying that they had hired bankers to investigate bankruptcy options, cnbc.com is saying that the times is saying they will file for bankruptcy tonight but all indications are it hasn't actually happened yet

cnbc asia on the web is free on sunday nights, they had the news as fast as anyone probably

It looks like Merrill is going to get bought by bank of america for $26 a share which will kill shorts in that stock and help the broader market. The question will be how much are the banks going to be down, if it's more than 10% there could be some commodity selling on liquidation fears...

Besides advice already given such as using less leverage to trade with until you are very consistent you need to have a less complicated system that's more consistent with your stops until you are able to consistently tell when it should be larger or smaller a stop. pick a number say 20 points...

monday was the first day for enforcement of the s.e.c rules which caused some problems finding stocks to short