SteadyOptions is an options trading forum where you can find solutions from top options traders. Join Us!

We’ve all been there… researching options strategies and unable to find the answers we’re looking for. SteadyOptions has your solution.

Leaderboard


Popular Content

Showing content with the highest reputation on 03/02/2020 in all areas

  1. 2 points
    Was never in Copper Face Jacks but spent over ten years in Dublin myself in college and University. Loved Dublin but as a student i couldn't afford that place. If you ever make it over to Ireland again let me know and we can relive the good times. I opened a Euro account in London as far as I remember over 7 years ago. It was easy to do. I was with another American Broker at the time and IB saved me a huge amount on commissions. Even with IB lower cost commissions they do add up. In 2018 I made 109% for the year after commissions and before commissions it was 116%. Just saying that commissions are very important. See below a comment I made to @Krisbee over a year ago. osted January 10, 2019 I had no idea it was that much a difference. I am resident in Europe. ( Ireland.) I hope I can use Tradier as a non US citizen. My commissions last year with IB was over 6,000$!!! So the savings would be massive for me. Many Thanks @Krisbee and @sBatch. On the positive side I made a 109% return on SO trades in 2018 including commissions so I am in no way complaining. Excluding commissions my returns would have been approx 116%.
  2. 1 point
    This right here is why I'm so hesitant to leave Interactive Brokers in search of better commissions. "Move fast and break things" is a fine mantra for a startup, but I'm not trusting my trading account to it! This sort of development and QA failure is endemic of the attitude of RH, to say nothing of the infinite leverage debacle of last year. I don't have much faith that other fintech startups are any better when push comes to shove comes to panic. In my mind, the commissions I pay to IB give me peace of mind that one, their platform is robust (even if TWS looks terrible) and two, when the &#@$ hits the fan, I can call an actual human broker on a telephone who will follow my instructions to safeguard my account in a crisis. Robinhood has an email address. People who were positioned short lost hundreds of thousands of dollars today because there was no way to execute trades, and RH is about to be in a(nother) mountain of trouble. Maybe I'm tarring an entire class of companies unfairly, but I personally prefer being able to sleep at night to saving money. Call it insurance.
  3. 1 point
    Looks like someone forgot to account for the leap year, oh my.
  4. 1 point
    @DaniloCastello. I don't know but I think using an Italian broker would be charging very high commissions. I know that is the case in Ireland where I live. I use IB and have been for the past 7+ years. They are not the cheapest but some US brokers that don't charge any commissions and just a relatively small monthly fee have not extended their services to Ireland. I know I can do Iron condors on IB as a four legged trade. I hope this helps. There is a long string on the TOPIC of Brokers and commissions. If you haven't read that it would be worth a look.
  5. 1 point
    The Sheriff of Nottingham had said he would be cracking down on RH
  6. 1 point
  7. 1 point
    I'm often asked which tools I personally would recommend. I believe that ONE is the most essential tool to analyze, design, monitor and backtest different trades and strategies. ONE automatically keeps track of all adjustments and commissions throughout the life of each position giving you the cummulative profit and loss figure, allowing you to concentrate on developing and then executing the best trading decisions. CMLviz Trade Machine is an excellent tool for backtesting different strategies. Volatilityhq and chartaffair.com are also mostly backtesting tools, but are more tailored to our strategies. They provide tools for trading the Steady Options strategies. Those I believe are the three most useful and essential tools.
This leaderboard is set to New York/GMT-04:00