Recent Content by jessie

  1. Experienced trader feedback wanted - doubling positions when in a loss

    Perhaps a simple explanation is that this works perfectly, and you can, in fact, never take a loss by doubling as you describe. The downside is...
    Post by: jessie, Aug 1, 2007 in forum: Strategy Building

  2. Trading warrants newbie - PLEASE HELP

    It is VERY difficult to make money consistently with a long-only option/warrant strategy. And if you are long both calls & puts, then you are...
    Post by: jessie, Jul 27, 2007 in forum: Options

  3. How to start in OPTIONS trading?

    I know I probably sound like a broken record around here, but I just have to say that nobody "needs" to be trading anything, and if you think you...
    Post by: jessie, Jul 19, 2007 in forum: Options

  4. Not on the BId or the Ask

    In futures, on occasion, a trade is carded outside the bid/ask if it is one leg of a spread. Jessie
    Post by: jessie, Jul 10, 2007 in forum: Order Execution

  5. What % of traders really make money?

    My own experience is that a lot of people make money at first, and the percentages diminish over time, just as statistically you would expect....
    Post by: jessie, Jul 5, 2007 in forum: Trading

  6. What is a trader's greatest expense?

    poor discipline jessie
    Post by: jessie, Jun 13, 2007 in forum: Trading

  7. Learn to trade successfully in 3 weeks!

    That was one of my biggest problems. I just expected too much too quickly, and began to scale too fast. My own trading mentor at the CBOT kept...
    Post by: jessie, Jun 2, 2007 in forum: Psychology

  8. Learn to trade successfully in 3 weeks!

    Thanks, another nice post. If new traders would realize that (among MANY MANY other things): There is no "THEM" that screws you in any fashion;...
    Post by: jessie, May 31, 2007 in forum: Psychology

  9. Learn to trade successfully in 3 weeks!

    Nice thread, I too have probably seemed a bit harsh when I have suggested that it might take as long and require as much hard work to become a...
    Post by: jessie, May 30, 2007 in forum: Psychology

  10. Burned or Legite Fill?? SPX Options

    That can certainly happen, and it's legit, spreads do not necessarily conform to the posted high & low. Using market orders in any thin market...
    Post by: jessie, Apr 24, 2007 in forum: Order Execution

  11. What regulations/limitations are there in promoting your fund online?

    Can't tell you much about securities, but in futures, The NFA has very strict guidelines about that, and you can see them at their website under...
    Post by: jessie, Apr 24, 2007 in forum: Professional Trading

  12. Is it Important to surround yourself with alot of energy and successful traders?

    For me it is a matter of personality and personal preference. When I was on the floor, and even upstairs at the CBOT, I was too distracted, and...
    Post by: jessie, Apr 17, 2007 in forum: Prop Firms

  13. Is this a bad "AON" fill?

    It just means that it got carded (assigned) to two different counterparties. It's not unusual to split an order like that, often it is the only...
    Post by: jessie, Apr 6, 2007 in forum: Order Execution

  14. Trader Tax Status

    You don't have to trade full time, BUT, you do have to be able to provide evidence that you are not primarily an "investor", and one of the...
    Post by: jessie, Feb 16, 2007 in forum: Taxes and Accounting

  15. Stupid newbie question: sold what I didn't buy

    Short Selling... "He who sells what isn't his'n must buy it back or go to prison." I think thats from the 30's, but I don't remember the...
    Post by: jessie, Dec 14, 2006 in forum: Trading