ahcsim72
151 posts
msg #129016
- Ignore ahcsim72 |
6/8/2016 10:14:48 PM
6/8/2016 4:32:24 PM
ahcsim72, you can do either.
Shillllihs will make a trade and if you use one of the few brokers that are linked to collective2 the trade will automatically be made in your brokerage - totally automated.
Or you can select to get an e-mail/text or some type of notification that shillllihs made a trade and then you would enter/exit whatever trade was made.
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New to Collective2... I'm interested in auto trading options. I guess there is a risk of following every moves that the leader is making.... Anyway, there were some list of brokers and I didn't recognize any of them. Maybe I'm not understanding who those brokers are, but if I use brokers like Scottrade, Ameritrade, ect. in real-life. since they are not listed, I have to sign up with one that's list and transfer all my trading fund into the new one I sign up with them?
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ThaGekko
139 posts
msg #129018
- Ignore ThaGekko |
6/9/2016 8:51:08 AM
yep, Scottrade/Ameritrade/etc... don't support collective2. For autotrade only you would need to open a brokerage account with one(or more) of the brokerages that they show on their website.
Or if you want to keep with Scottrade/Ameritrade you can click on "Follow by e-mail, no autotrade" and you will just get e-mails when a buy/sell is placed and then you would trade manually in your brokerage.
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shillllihs
6,090 posts
msg #129023
- Ignore shillllihs |
6/9/2016 11:24:56 AM
Just for you Gekko,
I picked up some small options to mess around with.
June24 GS. 162.50 call
June17 Uvxy 8 put
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ThaGekko
139 posts
msg #129024
- Ignore ThaGekko
modified |
6/9/2016 11:40:56 AM
I'm honored - I didn't know UVXY even had options. I normally just play around with VXX.
On a side note - you have UVXY going down to $8 in 8 days? Wouldn't that put SPX above the record high?
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I wish that TVIX had options - Now that would be interesting!
And I will say shills you have been pretty influential in turning me onto volatility trading - appreciate all the knowledge you share here!
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ahcsim72
151 posts
msg #129025
- Ignore ahcsim72 |
6/9/2016 11:53:22 AM
Are there any that runs parallel with TVIX?
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shillllihs
6,090 posts
msg #129027
- Ignore shillllihs |
6/9/2016 12:05:47 PM
My thinking is, I would rather use an etf that I know intimately than play a different stock every day
that has its own personality. Plus ETFs may be safer than a single stock.
I literally played 240 bucks total, so basically gambling money.
Thanx!
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ThaGekko
139 posts
msg #129028
- Ignore ThaGekko |
6/9/2016 12:10:15 PM
ahcsim72 - I do not know of any optionable 2x Volatility. Only VXX and UVXY.
Shilllihs - I completely agree with ETFs as they are basically the entire market and not a single company that technically looks sound - from a charting perspective and then just get hammered for no reason, or puts out bad press. Too much inherent risk owning stock in a single company. I have quickly learned to stick to ETFs!
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shillllihs
6,090 posts
msg #129029
- Ignore shillllihs
modified |
6/9/2016 12:17:11 PM
It just makes sense. Obviously there are no guarantees and chances are my system will eventually
flop but imagine if the the whole SF community focused on a handful of ETFs with inherent
patterns, with clear cut entry exits. As for me, I will concentrate on Xiv Tmf Tvix.
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ThaGekko
139 posts
msg #129033
- Ignore ThaGekko |
6/9/2016 1:03:30 PM
Shillllihs, just a curious question, but the GS Calls for next month? GS just brokedown a head and shoulder's pattern. I've got it going as low as $140? Am I missing something?
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shillllihs
6,090 posts
msg #129034
- Ignore shillllihs |
6/9/2016 2:34:49 PM
I was looking for value, that's all. I'm just messing around with these.
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