Correct, but it all starts with performance. Without performance they don't look at your strategy, your team, your background or your...
BTW, if you can make 30% to 50% in real trading per year, you will be able to raise many millions from investors as long as your draw downs are...
I have traded options for over 30 years. You can't get a realistic P/L from what I expect are midpoint executions in a paper trading account....
The problem is that you have not found an edge yet and you are trading in an account where you have very little flexibility. You can't blame the...
Actually, this is very common in the asset management world. Very common when it comes to large allocation for fixed income and equity portfolios...
Sleeping is over-rated.
Yes, ES options trade from 6pm ET to 4:15pm ET the next day. Options markets are better during US trading hours and monthly options have more...
-Create a management company with an LLC -Register as an RIA with either the SEC or your state. -Allocators and large investors have their own...
I have not been an option MM since 2010. Years before that time, on my trading sheets, I could see the counter executing broker OCC clearing...
This is very important to understand. Broker crosses tied and untied to the underlying can be as much as 70% of trading volume on any given day on...
No they can't and the option "books" are exchange order books (Not their order book) and there are about 15 of them. Option MM use whatever method...
My guess is pre-market your buying power is set to 4x. However, well before 4pm, your account buying power will reset to 2x. You should...
There are RIAs set up to replicate billion dollar investors based on their filings. This is even worse. Everything is delayed and they charge...
http://www.optionsclearing.com/webapps/volume-query Not sure if this gives number of contracts traded or volume. Volume is double the number of...
I've never found a lot of value in following order flow. I know the Najarian brothers say they make money doing that. When I was a MM, I took the...
An FCM must match your margin requirement with 8% of their own capital. eg, your margin is $100K, they balance sheet has a $8K requirement. An FCM...
You are correct.
I just checked with someone that I believe understands the rules. They told me it is not against exchange rules to bid to open on one option...
Good question. I never had to ask that one. Even if you were allowed, your broker will block you. They have a regulatory requirement and it is...
Thank you for not posting pictures.
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