Recent content by toomuch

I would not want to be an investor in that fund. I would expect my hedge fund to have their own black boxes and not one that any schmuck could buy off the street

Re: How High Can The Euro Dollar Go? Looks like 1.3450 is the answer to your question

You are close but every cross has a different pip value. Go jump on a pip value calculator (there are tons on the internet) and see what pairs are higher/lower than the standard

Maverick FX is good and like they have live trading sessions during major news announcements Helps to see what everyone else in firm is doing Very transparent and have bumped up my capital levels twice since I start trading with them last august I am currently able to trade up to 4 lots and...

I think the CAC in the greek debt deal is the big news moving EUR and Euro markets lower. Watch out when they impose on non-willing participants. It will definitely trigger a credit event and downgrades and CDS payments will follow.

Pepperston is a good choice

This is just a rule of thumb but the bigger the firm (bigger liquidity), the less slippage you find. So much for us getting rid of too big to fail. The government has now given the advantage in all financial services to the big firms.

OX is good for the beginner but the commissions are killer for anyone really trying to trade for a living. Take a look at TOS or IB

I have found the deeper in the money the option is, the greater chance of early exercising. At expiration, all ITM options will be exercised. There is no real way to know if your short option will be exercised early or not

When taking in inflation, the rise isn't as spectacular as it looks

Option trades are like a teeter totter. IF you have a high win/loss % probability that means your risk/reward sucks. IF you have a great risk/reward possibility, that means your win/loss % probability sucks. Finding the middle ground is where you want to be.

Oh yeah. One more thing. You will also be paying less % of the bid/ask spread when entering and exiting the trade, leaving more % return in your pocket. ITM calls/puts are superior for trading vehicles. However, since the initial outlay is greater than ATM or OTM, correct position sizing and...

Plus, you get higher Deltas, lower Thetas. A much better trade than ATM or even OTM.

ITM options have less extrinsic value to lose (meaning they are cheaper) and have a much greater win/loss % possibility.

In my opinion, Diagonal spreads are much better than CC's. Basically the same trade with less margin and risk. When it moves against you, it's easy to hedge with a little short stock. Nice strategy