assuming your trading exchange traded instruments, place your stop just below support/above resistance where you say "if price goes below/above x...
This point is often overlooked. What happens if you hedge ES with weekly index options and the market is closed for the week after a gap down?...
I don't appreciate you giving away my PROPRIETARY strategy to the world. Thanks a lot.
Are you trading NG through NYMEX on GLOBEX. You can't be "robbed" that way like you can at a retail bucket shop. You just have to lose money the...
I never use ultra etfs for two main reasons: liquidity is always higher in the main product (SSO vs SPY) no negative compounding effect in...
Excellent point re price can always go higher. Be very careful shorting JPY - especially against one of the commodity currencies like AUD....
There are a couple reasons for this: The market goes through periods where a lot of the gain/loss for a 24 hour period is made during regular...
the last time people said this it lead to everyone reaching for yield in "AAA" paper that turned out to be worth less than s*** under your shoe on...
What instrument are you trading?
I agree that you should work your orders. That's why it's a huge perk not having to pay modify/cancel fees like at ib although you can get...
Arnie - A couple good rules of thumb for trading liquid options: Only trade options on stocks/etfs w/ average 20 day vol of min 1 million....
Just stick to liquid options and UL's and you don't have to worry about any of this. It sucks giving up 10% or more on entry/exit. What good is...
My .02 (present value may be less to some of you) is to never trade CDS unless it's on an exchange. I've read a lot on all the f*** you trades...
gf: honey i have this pill for you to improve your performance... me: are you kidding?! i just killed it today in ES. i recognized a trend day,...
"While volatility is certainly a factor in option pricing/trading, it's not as important as getting the direction right if you're buying options...
Respectfully I disagree re hedging w/ individual stocks vs indices/etfs. Say you hedge w/ a large cap (buy puts) and there is good news for that...
You want to benefit from the market falling...as ari gold would say "buy puts. boom. done."
To my understanding (not a tax prof), they are NOT 1256 cars. The thieves (IRS) have not definitively stated one way or the other. If you...
To the OP - the battle isn't over if the option declines 50%. It's better to recover 50% than 0%. Trust me I've learned this lesson the hard way...
+1. Given that there will be a large gap down how will you protect yourself? Stops would be absolutely useless. Diversification for the most...
Separate names with a comma.