Forums - Carey's Journal

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Trading for a Living ›› Journals ›› Carey's Journal

Page 14 of 38: « First Page 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Last Page »

cdcaveman

Registered: Aug 2011
Posts: 3514

10-31-12 07:56 PM

Quote from justrading:

I try to be very conservative with margin.

That said, I do worry about a Black Swan event.

I'm actually more concerned about the outfit doing an MFG/PFG. I know about the SIPC coverage, but how that will work in reality with forex, options etc all being traded in the same account is something I have to wonder about.

Before MFG/PFG the futures industry used to boast about how wonderfully customer segregated funds worked, and nobody ever lost money as a result. Put the guys who blew that trumpet loudest in front of a few hundred customers who have lost out and I'd love to see how they react.

yeah diversifying by broker is good! in a short term trade.. on gld

+ BOT 1 GLD NOV 02 '12 + (1) 164 + (1) 169 - (2) 166 Call Combo 0.63 USD SMART 14:07:56 OptTrader 2.16 null

Edit/Delete • Quote • Complain

cdcaveman

Registered: Aug 2011
Posts: 3514

10-31-12 08:17 PM

being a follower here..

+ BOT 1 GOOG NOV 02 '12 + 665 - (2)695 + 680 Call Butterfly 7.35 USD SMART 15:16:10 OptTrader 2.17 null

Edit/Delete • Quote • Complain

cdcaveman

Registered: Aug 2011
Posts: 3514

10-31-12 08:21 PM

see what happens to this by friday.. seems to broke down a little bit..

+ BOT 3 TBT NOV 02 '12 - (2) 61.5 + (1) 60 + (1) 62 Put Combo -0.11 USD SMART 15:20:15 OptTrader 4.68 null

i keep changing my limit order to increase my commission cost.. your welcome IB

Edit/Delete • Quote • Complain

atticus

Registered: Mar 2007
Posts: 12609

10-31-12 08:22 PM

Quote from cdcaveman:

see what happens to this by friday.. seems to broke down a little bit..

+ BOT 3 TBT NOV 02 '12 - (2) 61.5 + (1) 60 + (1) 62 Put Combo -0.11 USD SMART 15:20:15 OptTrader 4.68 null

i keep changing my limit order to increase my commission cost.. your welcome IB

Yeah, and HFT can send millions of orders and xcels in mere seconds... the game is rigged, bro. RIGGED!

Edit/Delete • Quote • Complain

cdcaveman

Registered: Aug 2011
Posts: 3514

11-30-12 09:07 PM

where i'm at now.. i've decided to get away from the expiration trades.. because i was irresponsible and took a hit for it.. now i'm just trying to trade flys and futures.. i tried a fly on the MA a little to far dated to take advantage of the stillness .. if i was in dec i would have been out by now will profit likely.. i have a dec 7 + BOT 1 SPX DEC 07 '12 + 1375 - (2)1405 + 1435 Call Butterfly 10.40 USD SMART NOV 29 15:41:31 OptTrader 5.40 null

as well.. i tried to offer it at 11.60 today.. and it just wouldn't go through... i guess you just have to figure that your gonna have to enter above the mid and exit below it.. and just figure the bleed into modeling the trade..
i slowed down my trading a good bit.. i still need to spend a little time looking at what my proposed profit is given my time frame.. going out two months on a fly put me way to neutral on the MA fly..

MA JAN 18 '13 + 425 - (2)475 + 525 Call Butterfly @ 24.47

also have a vm future on
BOT 1 VM DEC12 Futures 15.95 USD CFE NOV 28 14:59:24 SpreadTrader 1.07 null sub account

thought to buy more around 15.. never got there.. we will see how it goes

Edit/Delete • Quote • Complain

justrading

Registered: Apr 2011
Posts: 840

11-30-12 09:44 PM

Quote from cdcaveman:

as well.. i tried to offer it at 11.60 today.. and it just wouldn't go through... i guess you just have to figure that your gonna have to enter above the mid and exit below it.. and just figure the bleed into modeling the trade..

Interesting point. I was just mulling over this one because a few paper trades I put in at the mid simply did not take. I know paper is not really the same as actual in terms of execution, but if it did not trade through then it may not have executed anyway.

Some of the fly spreads are wide so this makes finding the sweet spot a challenge.

I was actually contemplating asking atticus how he goes about his entries and exits. Missing a good entry or exit because it did not hit the mid would be a real bummer.

Edit/Delete • Quote • Complain

Page 14 of 38: « First Page 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Last Page »

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Rithmic Futures Trade Execution Platform SpeedTrader Direct Access Trading	SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider