Thomas Peterffy, chairman and founder of Timber Hill and Interactive Brokers never went to college. Without drive, ability, and new ideas,...
Yes, yes. Infinite time and money allow any trading strategy to be successful eventually.
Great gallows humor. If only it wasn't mostly true!
As others have noted, PM is extremely complex to calculate. Additionally it will be different for highly concentrated positions (i.e. all SPX),...
There is no SIPC insurance for commodities accounts at MF. If you are an MF brokerage client, you gotta ask yourself, "Do you feel lucky punk?"
If you send 6 different 5 lot orders, they will be ranked in time priority by CBOE upon receipt by the exchange. Therefore an execution of 24...
The IB rep is correct. While any exchange-listed securities options are required to have a two-sided bid/ask with firm size, even if the strike is...
Yes, as long as the product in question is listed on those exchanges. While most names trade in .01 increments on spreads, even if the single legs...
I was NOT born into the 1%. My mother escaped from a communist country and came to America at age 16 without speaking English or a penny to her...
OP, pat yourself on the back for for doing at least two things correctly. First you did a real trade, which teaches you a lot more than any amount...
Maybe somebody should tell these losers to occupy the ECNs since hardly anything trades on the NYSE/Wall St. anymore.
The original poster's premise was that he already "mostly trade stocks (long & short)". Therefore, options written against these positions act as...
If you want to trade the underlying for direction and also want to take advantage of the time decay short options provide, you could simply...
IB charges .70 per option contract, .005 per share of stock, and no ticket charges, but you need at least $10k to open an account. Having said...
I am always curious why somebody cares who is on the other side of their trade when the execution occurs at the price you determined before...
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