I second thinkorswim for being a great platform to trade options, and tasty-trade for learning how.
Yes their strategies can lead to severe drawdowns, but also outsized returns when the market allows, because of margin. I think you are on the...
I like td ameritrade paper money. Free and easy to set up and thinkorswim caters to options traders
There is a lot to be learned from tastytrade in addition to the recommended books. McMillan, cottle, etc. you will see the same books referenced...
Shorter term index strangles will give you the best R/R, in my opinion. Check out tastytrade they've done a lot of studies on this. but at the...
Ya I'm pretty sure they are. I see what you're talking about in McMillan's book and I'll read up on it. Thanks for pointing me in the right...
It's all on the platform. I attached a screenshot.
Returns on an investment in excess of the risk adjusted return. It's supposedly a way to differentiate lucky managers taking higher risks from...
Alright here's a new question.. MDLZ is releasing earnings 7-27-16 and you want to make an IV related trade, and you have a bullish bias. You log...
I recommend "AHG a method for struggling traders". It's a lot about price action, if that interests you at all.
Just to finish up this trade, I ended up closing the 208 call for a .72 debit a little while ago. so I basically lost another .51 trying to roll...
That's the method I usually stick with. I was interested to see the possibilities that rolling can offer. I can see some instances where it could...
I understand what your saying about not trying to outsmart the situation, that you are only fooling yourself, and I understand that this is a...
Hey folks, Here's the deal.. Sold a weekly strangle on SPY Monday 6/27 roughly 1 stdve out with a short put @ 194, and a short call @ 205. Sold...
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