Great post! And very accurate...I've seen it happen to multiple people already.
How would you recommend/prefer they show it?
A. Cash Balance
B. Open Positions
C. Net Liquidity
These are the facts shown, not misleading...
Oh and don't forget, the fancy idea of buying at 3:59pm and holding to 4:01pm doesn't work due to spreads costing more than the carry pays, even...
Yes, 4 or 5pm NYC close in all cases that I'm aware of.
A credit (debit) to the account daily depending on the interest rate differential of the 2 currencies and the size of the position. Every firm...
Not enough interest rate differential. Do you know what "carry" is?
if EntriesToday(date) <= XX then begin
(It was rhetorical)
Well, in a manner of speaking, nitro said it for me. But the most important point is that trading without a stop is not possible without unlimited...
Average True Range
It really doesn't matter how great it looks with no stop. That is the definition of curve-fitting. Could you really trade without a stop? How...
So I gather one must have 3 degrees in Economics from Ivy League schools and 25 years real-world experience to have an OPINION about the economy?...
No, it's perfectly okay to have the natural result of being "long" and "short" at the same time, as long as you're not doing it for the sole...
That's correct, but it's a different issue than opening a long and short position at the same time for no reason.
It's already been said here, but to reiterate, there is NEVER an advantage to holding a long and short position at the same time. It is identical...
This concept has been posted dozens of times on ET, it's nothing new. Good luck in your quest fo success.
That can't be a serious question.
Sounds well-conceived and if the entries and exits are generated properly you should have good success.
What's the reward of long option straddles?
Separate names with a comma.