"program trading" at home

Discussion in 'Trading' started by rs7, Jul 23, 2002.

  1. rs7

    rs7

    OK, that makes more sense...but why just intraday? What difference would holding time make if you could put on a "riskless" transaction?

    Anyway, will call during non market hours. Thanks.
    RS
     
    #21     Jul 23, 2002
  2. Possibly to prevent any "Niederhoffer" incidents from blowing the firm out of the water..

    (Although the cynic out there might say that option trading isn't as commission intensive..)
     
    #22     Jul 23, 2002
  3. Victor Niederhoffer ("Education of a Speculator) blew out his entire net worth by selling puts..
     
    #23     Jul 23, 2002
  4. rs7

    rs7

    OK, but I see no connection with selling naked puts with what I am talking about. But thanks for your input.
    RS
     
    #24     Jul 23, 2002
  5. no, it has nothing to do with what you were talking about, but I used the Niederhoffer example as a possible reason why prop firms don't allow option trading of ANY kind. (riskless or not)

    but, like I said, the truth is probably that commission-wise it's not worth it.
     
    #25     Jul 23, 2002