Thats effed up - I am not much familiar with european style options, only US style where the closing price is mostly the decider. But a profit is a profit! And the reference to 'pizza eaters' duh I didn't make the connection until now And Angela Kasner - had to look it up - you sure like to hide the obvious She is carrying 6 buckets - one for herself and 5 for the PIIGS
Thanks TO for exposing them! I also saw it mentioned somewhere that they provide information for a fee - that was a red flag for me! Famous quote - Never give your money to other idiots
Thats a very good description of the two step process TO! I have already burned #1 in my brain, now working on #2. I am also in the process of liquidating all old positions and moving to IB from TDA. TDA commission structure is not good for learning how to day trade. They charge $10 for either 100 or 100,000 shares! Regarding #3 I have a feeling that it is the Golden Rule and the obvIOUs of this thread
she is carrying 5 actually..one for each member of TFF..as we all like to share as for options..main diff with european is no assignment until expiry..handy if u are selling options to take in premium..but selling can be a lot more risky..so u have to cover ur risk by limiting ur profit potential..like all trading..different times call for different strategies..use the one that has the most likely chance of big profit for small risk..if it looks that way..if not..then just go for bread and butter trading..and wait until the big chances present themselves..as they will..that is for sure..or better again..use both..but be careful not to overtrade and risk too much..as the outcome can be determined by one simple news statement TO
yep ML..no need at all..best to keep it for learning urself..that way u never forget as mentioned..it is very hard to find a good site about trading..everyone is only out for a piece of the cash pie..which is normal..just don't be silly enuf to part with ur hard earned cash..ever..take on ur own responsibilities and do not rely on other people to show and tell u what u need to do..as..99% of them are fukin idiots funny part is..everyone knows that what TO says is the real truth..but..for some silly reason..(remember montaigne)..the majority of people will just keep on doing the same old thing..over and over..and the cookie monster will continue to eat 99% of the cookies TO
do not close ur TDA account..keep it open with minimum requirement..u might want to trade 5K shares in the future..and IB are too expensive for that size..so..never put all ur eggs in one basket also..with TDA u get full quotetracker access free..which is very good software for daytrading stocks..it has some good things that u will not find easily on the likes of ninjatrader..and other highly priced platforms..as well as having a very user friendly options screen for US stocks..but u know this already TO