Recent content by predator001

Ah, I understand. at least you're honest ...

Hehe, ok, I hear you ... The pricing issue comes up again (I can't say I'm surprised :) ) - however, care to clarify what you mean by trading - empty sack?

I was recently talking to some friends whom I would classify as between beginner and intermediate level traders. We got to talking about trading in general, and the options markets in particular, the challenges facing beginner and intermediate level option traders. It was an interesting...

simplemindedgal: I know what you mean, this link http://www.fool.co.uk/news/investing/investing-strategy/2009/10/14/switching-sectors-with-etfs.aspx (circa 2009) bemoans that same fact - unless things have changed (does anyone know?)

spy74: Now thats how you motivate people. Regarding the Alec Baldwin macho crap ... thats SOO 80's. If anyone talked to me like that, I'd knock their head clean off their freaking shoulders ... Theres more to life than just making money. There is an almost spiritual/zen like side to trading...

My two cents, before I rush out the door.... Trading is very much like a contact sport. Infact, if I had my own way, no one will be allowed to trade until they have gone a few rounds in a boxing or MMA ring - wait what am I saying? ... then there will be no one to scalp!. I must be getting soft...

I don't read it, and I dont follow any of the Financial news (CNN, Bloomberg) etc. I prefer to do my own research. Having said that, early on in my trading life, I read everything: the investors Chronicle, FT, The Economist etc and subscribed to Bloomberg TV. After a while it dawned on me that...

Hi SRosen, options and futures are derivative instruments so can have different underlying instruments (including equities, commodities, forex etc), so they are not necessarily mutually exclusive from equities and forex. However, for the sake of simplicity, I shall presume that you are...

Hi covarrubia, I am rather late to the this. I see that you have already got quite a few recommendations/links already. Here is my two cents worth - I hope you find it useful. First of all though, you did not state which markets you were thinking of partaking in. If you are considering trading...

I was about to jump in with my two pence worth, before realizing that I dont have all the facts to answer your question satisfactorily. At the risk of appearing overly pedantic - you need first of all, to provide the following information: 1). what is your definition of consistency ? (not...

Hi Rhody, Thanks for the response. I initially thought of trading the futures markets (eliminates credit risk), but I think that the futures market represents a very tiny fraction of the OTC market. Also, I would like to start Forex trading with much smaller lot sizes than would be possible in...

I am considering venturing into Forex. I have traded succesgfully for almost 2 decades now (both professionally and as a private trader). One of the reasons why I have always avoided Forex has been the whole 'day trader' (a.k.a reckless gambler) "stigma" - which is as far aware from my trading...

Does a Level II screen for options give information for a particular option only (i.e. for a given option type [call/put], strike and maturity), or does the screen contain order book data for the entire option chain ? I suspect although the latter would be useful, there would be simply too...

many thanks guys

Does anyone know the difference between the terms "order book" and "level II" ? I know the definition of these terms, but they sometimes appear to be (misleadingly?) used interchangeably. Depth of market for instance is equivalent to level II information (I stand to be corrected), but order...