Recent content by DrStarsky

  1. D

    Best Thread Interactive Brokers

    EUR/USD conversion and interests earned with Interactive Brokers Hi all, I have an account in EUR denomination with Interactive Brokers and I want to daytrade US stocks and futures. Hope someone can answer these two questions: 1. Which is the least expensive way : a. keep the account in EUR...
  2. D

    how exactly are sub-day candlesticks computed?

    Thanks both for the replies. fxwinner, you are right, I should have written ticks instead of trades. So let me rephrase: are the candlesticks computed using *all* ticks or only, say, ticks separated by a certain time interval? This is what I would call "discretization" (i.e. using a discrete...
  3. D

    how exactly are sub-day candlesticks computed?

    This is most likely a dumb question. Take for example a 10-min candlestick, let's say from 15:00 to 15:10. Is this computed including *all* trades between whitin this time interval? Or is there some sort of time discretization? I ask this because I want to understand what exactly determines...
  4. D

    Hedging a short position before the market open

    I'm out. Degrees, I'm curious about one of the points you made: are you suggesting I could get out before the open? How? Thanks.
  5. D

    Hedging a short position before the market open

    Degrees, thanks. Problem here is that something came up and I was away from the screen. Got back at last minute and tried to cover but couldn't. Also, I thought the gap was due to earnings. If I *had* read the news, I would have known it was a takeover bid and I would have made sure to close...
  6. D

    Hedging a short position before the market open

    Things learned from this: 1. make sure to read the news to know why there was a gap (I somehow thought I read it was earnings) 2. never try to cover a position one minute before the close
  7. D

    Hedging a short position before the market open

    Well, I'm screwed. I only hope it will bounce down after the bell. I'm here ready with my finger on the trigger. How would you deal with this situation?
  8. D

    Hedging a short position before the market open

    Thanks for the reply, sounds like there isn't much I can do except be glued to the computer around the opening on Tuesday, right? Oh, and **** Cramer ;)
  9. D

    Hedging a short position before the market open

    Hi everyone, I don't like being short in a stock overnight but I just did it. It must be a classic daytrader newbie mistake. ASN opened with a big gap up on Friday. I made a nice little gain by shorting it after the open and covering it before noon. Then I shorted it again in the afternoon but...
Top