I, too, am trading calendars in SPY and have been considering making the jump to SPX for the exact same reasons you mention. I took a tour of...
I have no hard evidence to support my claim, but might it be that the true DAYtrading masters of the past were usually pit traders? Those in the...
Daytrader2010... If we were to have another 9/11 tomorrow...there's a very real possibility I could lose 50% of my equity. I am very aware of...
A real-life example. The current trade I have open in this account is a $SPY Mar/Feb 114 call calendar spread initiated on Jan 6 at $1.00 As...
I have been so far (crossing my fingers). A little clarification: I'm not trying to limit my losses to 10%, nor do I use 10% as the trigger to...
Glad you find this interesting. 1) The whole point (for me) of using calendar spreads is that I cannot predict which direction the market will...
All I can say is: "Wow".
Man, striving for 10% gains in calendar spreads really is tough around the holidays amid low activity and steadily dropping volatility. But,...
John - The SPY Mar/Feb 114 Call spread was entered on Jan 6 @ 1.00. What this means is: I bought the Mar 114 call long and sold the Feb 114...
With only 9 days left until January expiration, I shifted my attention to Feb options. Today, I put available cash into a $SPY Mar/Feb 114...
Well, I am a voracious reader of anything related to (or loosely related to) trading. I've probably read all the major books that just about every...
The S&P continues to make new headway on its amazing rally since the March 2009 low. With 10 days until January expiration and SPY trading just...
With the S&P making new rally highs to begin the new year, I initiated a $SPY Feb/Jan 113 call spread today at 1.57, for a total cost of $159.52...
As long as you manage your risk and trade with money you can afford to lose, then just relax and trade your plan. If $500 is what you're starting...
Who says I'm not doing that with the rest of my trading? ;)
I like calendar spreads because I've learned through much trial-and-error that I'm no better than a coin flipper in deciding (predicting) which...
Yes, $2 million for 10 years of work in the markets does seem excessive (time-wise)...but consider, I'm starting this challenge with $200 and...
Ha! I enjoyed your response. Even if you're mocking me... I'm hoping to be able to achieve my goal inside a decade. With a little luck, and a...
Well, if the last quarter of 2009 is any indication...2010 should be a very good year. The volatility suck that has been pulling premium out of...
I wouldn't be too worried about most of the major players out there. But I wouldn't touch a retail FOREX trading firm with a 10-foot pole....
Separate names with a comma.