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Showing content with the highest reputation on 01/24/18 in all areas

  1. Yes--I recall being confused by the same issue and someone pointed me in the right direction on this forum. Basically just email their customer service. They have a Docusign type form that gives an IRA agreement with Apex Clearing for use of limited margin. This allows level 3 access with Roth IRA accounts. Kinda necessary, otherwise buying power issues will eat you up everywhere.
    1 point
  2. I was told before it's $40 per account.
    1 point
  3. Tradier website is very handy. This is what I do with it now, I create all GTC trades with price way up or way down according to the strategy. From iphone, it's so easy to edit price and place again. It shows portfolio value, can place easy straddles from phone. I did EBAY straddles that way, it's very good to do these things. We get great benefits on commission, so adapting to the system is okay for me.
    1 point
  4. What has worked for me so far...and I stress this is not a recommendation to anyone else. I ALWAYS use stops, personally mine are set at -50%. I USUALLY use GTC orders, last earnings season they were set at +30%, and this season I have moved them to +50% based on money that I have left on the table. I never open a CML trade during the first 30-45 minutes of the day. I usually change the back test to use longer options. I have found the monthly options to be better based on volume. I have 2 option trading accounts, SO gets the 10% per trade and no more than 60% total allocation as Kim suggests. In other account I allocate 3% to 5% portfolio value per trade from CML and stay between 50%-60% portfolio value invested. I am new to SO so I can only look at the historical performance which is great and speaks for itself or else I wouldn't be a member. All that being said, my CML performance has been very successful. Last earnings season when I started using it, I ended up +40% for Q4. So far for Q1 2018 I am up 25%. Overall in the money trade accuracy has been 73%. It does take a lot more active account management, and there is a much larger directional risk since all of the CML trades I focus on are long calls. I apologize if you know or have tried similar techniques.
    1 point
  5. Today would begin the 7DPEC on BA. My 14DPEC is down -25% so I am not confident on adding to this position or adding the 7DPEC. I use ichimoku and a few other technicals for direction, and they are all saying stay away on the 60 min. chart. That being said BA has defied everything on its recent run. Probably need to evaluate about 15 min before market close.
    1 point
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