Wow.. You're just a wealth of information. Bottom line for me. . Just keep fishing when you're trading smaller lots.
Yeah, I get it. That why I've built my own price models and track the previous prices as well. Can't hold too many positions as a result but it...
It was about a 10% spread Or less. I typically trade options with a 5 to 10 percent spread.
so today was an interesting day... I had 2 fills that were filled just above the bid (buying). normally, I would need to get to the mid or higher...
Shades of Livermore...
there are various ways to quantify risk and 'blue-chipness' or what categorizations you want. The secret is to find and build what works for you....
I would not classify TSLA as blue chip. Nor spy (b/c it is an index). I think proper categorization ( however you want to do it) is essential to...
So with so many advantages, why and how does a mm go under, or stop doing business. I remember IB stopped being a mm for options last year ...
Wow... Had no idea that my bid/offers were tagged as open/close. That's gives alot away in the less liquid market. Less leverage etc... It's like...
spoken like a true veteran. love it! i guess you're selling ATM puts because those will gain the most when the correction does occur? (and then...
good for you. Sounds like you've done your research and tested your systems. the 100 ITM naked calls must have been nerve-wracking. To withstand...
Pretty gross what some FI's get away with. It's almost like a cheap loan the banks are getting. Call it in and make some profit...
Exactly. Treat it like a business, get paid like a business. Treat it like a hobby, pay for it like a hobby.
I don't rely on trading to put food on my table. That's a dangerous mentality and I would never trade with that mentality. It took some time to...
whatever the platform, commit to being great at trading. if your commitment is lacking, then you will likely lose money. i say commitment because...
interesting comment about the lots... i've often wondered if I could get better fills with smaller lots. commish has come down all over the place...
'academic pointlessness'... love it. reminds me of LTCM. ;p
good to know. did not know that EOD was not EOD. How and when do you take your EOD snapshot? Has the market making game changed much since you...
interesting... that's a different way to look at things. thanks for the perspective!
I haven't use CML but have used ONE (optionet explorer). CML seems good except it is missing one important piece for me: intraday candle...
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