Wednesday, January 27, 2010

Re: [TheOptionClub.com] Some freebees for the newbies and beyond

 

"...I dropped Think or Swim and now use TradeStation.  I hope they have fixed it.  If not, their paper trading function is basically useless, although it is better than OptionsXpress."
Shows how much I know...   I am using the OptionsXpress paper trading and didn't even know it was an inferior simulator.  Registering for TOS paper-trading today.   Thank-you all so much for your insights!
 

"It is not the critic who counts, not the man who points out how the strong man stumbled, or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena; whose face is marred by the dust and sweat and blood; who strives valiantly; who errs and comes short again and again; who knows the great enthusiasms, the great devotions and spends himself in a worthy cause; who at the best, knows in the end the triumph of high achievement, and who, at worst, if he fails, at least fails while daring greatly; so that his place shall never be with those cold and timid souls who know neither victory or defeat."
- T. Roosevelt (but who cares who said it? It only matters it if is true and valid - or not!)

--- On Tue, 1/26/10, Reed Merritt <rmerrit1@ix.netcom.com> wrote:

From: Reed Merritt <rmerrit1@ix.netcom.com>
Subject: Re: [TheOptionClub.com] Some freebees for the newbies and beyond
To: OptionClub@yahoogroups.com
Date: Tuesday, January 26, 2010, 11:18 PM

 
Thanks, Mike.   Some very useful sites there.

Just be sure that the Think or Swim paper trading function is working properly. Several years ago, when I gave up on it, it would let you get into a trade (paying at the ask, of course) and then claim you were in halfway between the current bid and ask or at the current ask, instead of the bid, which would have been correct.  It incorrectly inflated your profits until you sold, at which time it would reflect the actual profit, which would be well below what your unrealized profits would show. 

I complained about it, but they did nothing about it at the time.  For that reason, I dropped Think or Swim and now use TradeStation.  I hope they have fixed it.  If not, their paper trading function is basically useless, although it is better than OptionsXpress. 

Reed

Mike Cleveland wrote:
 
Thank you very much!

Mike
From: bben1006 <bben1006@yahoo. com>
To: OptionClub@yahoogro ups.com
Sent: Tue, January 26, 2010 9:25:22 AM
Subject: [TheOptionClub. com] Some freebees for the newbies and beyond

 

Some freebees for the newbies and beyond. Check the all out:

1)      Actionable daily options reports/suggestions from S&P:  www.cboe.com/ LearnCenter/ SP_Reports/ default.aspx

2)      Actionable weekly options reports/suggestions from ivolatility:  http://www.ivolatil ity.com/roller/ page/trader

3)      Daily report on unusual order flow/volume/ events by trade-alert: http://whatstrading .com/

4)      Unusual option activities: www.crimsonmind. com

5)      Daily premium values and program trading by indexarb: http://www.indexarb .com/index. html

6)      Daily option report by IB: http://individuals. interactivebroke rs.com/en/ p.php?f=daily_ analysis

7)      Option analysis/charting software OptionOracle by www.samoasky. com

8)      And the best of all: paper-trade of the ThinkOrrSwim platform: www.thinkorswim. com

Enjoy--


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