Thought I'd start a journal for something I've been doing a long time, short butterflies, long iron condors, short strangles/straddles, that...
I always find myself taking profits too early. For example, I bought 100 shares of SPY at 131.05 last week, sold it that day at 131.30, event...
Am I missing something with the short butterfly? I realize if the stock stays the same at expiration, I am out a lot of cash. But, with all the...
This was what I emailed to a trader I know earlier and he completely agrees. What do you think? I, in the beginning of the year, thought that...
Was sitting at my desk, EUR/USD pair was trading rather quietly at 1.4980, and within a few minutes scalped up to 1.5030. News?
Although all the exchanges sold off today, I am seeing Nasdaq as a relatively cheap takeover target, even though we have seen private equity deals...
He got his 50bp rate cut and was looking for a rally (although we did get a rally, reversed because of the bond ratings). He'll probably say...
Tomorrow should be an up day, due to the great earnings, presenting an excellent day to short. Look at next week: Mon: New Home Sales...
Just heard Cramer call this a bottom... Haha I laughed out loud when he said this. Just last week, he said this was a bear market on his show...
I now officially changed my views to believing we're in a bear market - even though we had a sucker's rally today. Maybe the Fed will deliver...
Time for your official 2008 predictions for the market. What do you think the Dow, S&P, and Nasdaq will end up year-end? It might be too early to...
Anyone in the suburbs (preferably in the Western burbs) that wants to golf at a local course? We can probably fit a few more rounds in before the...
Just a question wondering if anyone knows why the Federal Reserve can only cut or raise rates in 25 basis point increments? Why can't they do 1/8...
Hi there, At the present time I have: +3 BA Dec 95/100 Spreads Debit $2.00 on Monday 10/22 Value of $2.15 today (plan to get out of this...
I seriously don't think GOOG can sustain this type of growth (especially since Cramer says it can go to 750 within months). The rumors about...
SHORT!!!!!!!!!!
Says the Fed should've cut 50 basis points this morning after the jobs report. Idiot, they can't be running to every bad headline and government...
Hi there, Just recently built a new trading computer for my self and got two dual-DVI NVIDIA video cards for it. I connected two to the first...
Home office for prop firm/own account? Seperate office for prop firm/own account? Prop Firm's office? I currently trade from my home office,...
Obviously he lost a lot of money today, on CNBC he was yelling about Bear Stearns causing the Dow to drop after releasing the headline about the...
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