Recent content by Takedown

Yes, thats my question. You basically have 2 orders out on the same stock, one covering your downside and the other would be there to trigger your profit-taking point on the upside. How else would you trade it? I dont know, put a GTC sell at your target and protect your downside with puts with...

From what everyone around me always says, (in the US at least) it is against market rules to place a trade like this where you are essentially straddling the market price of the stock. IE - stock currently trading at $25. Person would like to limit loss by placing a stop-loss at $22. They...

Thanks for the response. From what I've read, everyone refers to it as "just enough to get you by.". Do you or anyone else have any experience with this figure? I'm curious if it's like the equivalent of 30k/yr, 40k, etc. I'm aware it most likely varies from firm to firm but wasn't sure if...

Considering a day trading position at a proprietary trading firm. Has a training program and everything that looks appealing. My background is mainly assisting buyside equity traders, so this would be a good opportunity to transition to an execution role. This one questionnaire that I got back...

Wrong forum, sorry you can lock/delete.