Recent Content by algotrader12

  1. Peterffy (IB) takes out ad in WSJ to warn against BTC futures

    Commodities have always been volatile, Bitcoin fits the profile, so not sure I understand all the fuss, look at sugar, silver, oil. Not sure...
    Post by: algotrader12, Nov 18, 2017 in forum: Wall St. News

  2. WHAT IF the S&P increases over the next decade

    If you are just looking to invest, then just buy SPY or equivalent and forget about it Alternatively if you want to be aggressive and OK loosing...
    Post by: algotrader12, Oct 22, 2017 in forum: Trading

  3. Rickards: ‘Bitcoin is a Ponzi Scheme’

    Holder can believe anything they want. No one is promising anything to them.
    Post by: algotrader12, Oct 22, 2017 in forum: Crypto Assets

  4. A 2-3% Correction Could Wipe Out Most VIX Short Sellers

    So it all comes down to managing your risk, sizing your positions, hedging your tail risk and so on. There is one point that makes sense to me...
    Post by: algotrader12, Oct 22, 2017 in forum: Options

  5. Thomas Peterffy - The founder of Interactive Brokers may be preparing a challenge to the Major Banks

    It was a gem @ 15 and 12 p/e. But here @50 and 40 p/e,not sure I am in a rush to buy it. Its a solid firm and market is bullish right now, so it...
    Post by: algotrader12, Oct 22, 2017 in forum: Wall St. News

  6. Rickards: ‘Bitcoin is a Ponzi Scheme’

    5. High returns promised (with little risk). 6. Exponential growth is needed for the promised returns. etc.etc. Lets clarify something, who is...
    Post by: algotrader12, Oct 22, 2017 in forum: Crypto Assets

  7. A 2-3% Correction Could Wipe Out Most VIX Short Sellers

    Long term average is not much higher from 15, but then no one really cares about the spot, when it gets short vol trades, its all about the...
    Post by: algotrader12, Oct 21, 2017 in forum: Options

  8. A 2-3% Correction Could Wipe Out Most VIX Short Sellers

    Nothing is wonderful, Point I am making is, nothing has really changed market is slightly higher and vol is lower and few more people are short...
    Post by: algotrader12, Oct 21, 2017 in forum: Options

  9. A 2-3% Correction Could Wipe Out Most VIX Short Sellers

    And what exactly is your point? Central bank accommodation has been a theme for past 10 years, if that was your fear then you missed out on a huge...
    Post by: algotrader12, Oct 21, 2017 in forum: Options

  10. A 2-3% Correction Could Wipe Out Most VIX Short Sellers

    Well, yes it is a risky trade, I get it. And if you are not properly hedged, you will get hurt. I just don't see this as some kind of systemic...
    Post by: algotrader12, Oct 21, 2017 in forum: Options

  11. A 2-3% Correction Could Wipe Out Most VIX Short Sellers

    For every seller of a future there is a buyer. Besides why is everyone so terrified of 175K short futures contracts ? Thats $175M per vix point....
    Post by: algotrader12, Oct 21, 2017 in forum: Options

  12. Rickards: ‘Bitcoin is a Ponzi Scheme’

    My Argument is, I do not understand the need to either own bitcoin or hate it. I just don't get the angry animosity. I don't see people going...
    Post by: algotrader12, Oct 21, 2017 in forum: Crypto Assets

  13. Rickards: ‘Bitcoin is a Ponzi Scheme’

    Add diamonds to that list. Thats a real scam if yo ask me. At least with bitcoin you have a choice weather you want to buy one or not, diamonds...
    Post by: algotrader12, Oct 20, 2017 in forum: Crypto Assets

  14. Looking for broker that allows trading vertical call spreads in IRA

    There is no need to circumvent anything as there is no prohibition. As long as broker allows vertical spreads in IRA and a lot of them do, you are...
    Post by: algotrader12, Oct 20, 2017 in forum: Retail Brokers

  15. Looking for broker that allows trading vertical call spreads in IRA

    Most of the brokers support MLPs in IRA, there are no rules against it. IB is too lazy to deal with paperwork around it thats why they banned...
    Post by: algotrader12, Oct 20, 2017 in forum: Retail Brokers