At this moment I am in hospitality. To be more specific, I am an Executive Concierge at a major hotel. Just got my real estate sales agent license...
Another thing I must add is to block out as much noise as you can. I hardly watch CNBC or Bloomberg anymore. In fact, my TV is mostly off. I don't...
I do not think trading is hard nor is it easy. Each of us were programmed to believe and taught many things by our parents, teachers, friends, and...
Based on your info, here is my opinion based on being the markets for 20 years: 1) If you are making 2% every week with a 200K account, that is...
If I had to identify just one thing, I would say PATIENCE. We live in a world where we want everything to happen right now but for the way I...
Yes I agree with you about the costs on such a position. And yes it is free when simulated but I do factor in commission costs when I test out a...
Thanks for the input.....I have been trading long enough to know all too well about slippage. BTW, when I entered this trade, I most definitely...
Yes I agree that ES options do tie up a tremendous amount of capital. But ZC can be traded at a lot less.
If you prefer to bleed theta then may I suggest you look into ratio credit spreads using farther months. I have traded them on ES and ZC options....
You like the trade? So for you the risk is justified for such a small reward? I know the odds of success are in my favor but is betting $4,045.86...
Yesterday, Monday May14th at about 10:35 ET I entered a SIMULATED OEX vertical spread on the weekly that expires this Friday. I just wanted to see...
I just took a quick look, the maintenance margin at IB to sell one CL futures contract is about $5,000. And to write one CL option is about...
Thanks! I will look into this book.
What was your original position size for your CL strangle? I am guessing 3 or 4.
I do not use Liberty Trading's service. However I do get their weekly newsletter. I am certain that any trade recommendations in the newsletter...
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