I personally just think we are working off two different schools of thought. There is a proper (read more optimal) way to trade credit spreads....
Not if you learn how to trade them properly. This is a totally untrue statement. Thatâs like saying Futures = death.
Any financial product can tear you a new one if one doesn't know how to use it. Doing 1 $100 spread is one of the safest plays on the planet....
Checkout www.tastytrade.com. They will teach you how to trade options. Realistically though, you more than likely won't meet that goal ($150/day)...
You can tell that the authors of the research paper have no direct expierince in trading due to the fact they mention "sub-optimal" gains. An...
Oops! My bad! :D
Stated again, oneâs education level is independent of capital level. There are a lot of intelligent people on the planet that don't have large...
I my opinion, the above info on a small trader is bogus. I am a small trader and did not walk the traditional path of working for any financial...
I agree. The way that I'm learning and through my limited experience, I take profits quickly. If a spread does not become profitable from the...
I go with what the market provides. There were points through this year where my portfolio mainly contained debit spreads, calendars, and diagonal...
I currently have 32 open positions (the way I'm tracking them at least) in 18 different underlyings: AU, BBRY, BBY, CLF, EWW, FB, FXY, GMCR, GRPN,...
Reading through this thread (and elite trader forums in general), it would seem that the majority here are directional traders 1st and foremost. I...
But never more than the lower (-6.65) or upper (3.35) bound in general. You may see it a few cents above and below but the spread is locked on how...
I can understand your argument in terms of someone trying to use web pages like google, yahoo, etc. for their data feeds to trade but 20k-30k...
It already does cost me that much! Ytd I'm over $4k. I've generated a 38% return Ytd on the portfolio with those cost. Any suggestions on brokers...
As a retail option trader myself, I already have access to a trading platform (thinkorswim) that was built from the ground up specifically for...
If IV is high and HV is contracting (generally after large moves), those "either or situations" are ripe for short straddles/strangles, iron...
Jesus! I'm glad I manage my own money now knowing how reckless some "professionals" can be. Good to hear this info Mav!
It sounds like these "Traders" sucked all around...and gave premium selling a bad name to boot! One needs to know where it fits in an overall...
I've gained a lot of experience trading options in the last 8 months just by watching tastytrade on a daily bases. I needed more actionable...
Separate names with a comma.