I tried to create an OptionsXpress tutorial video and when I went "submit" the page had an error and lost everything. Hmm. Yay Profitly!!! I'll try to record with something else I guess and put it on Youtube.
Just a quick update in regards to an OptionsXpress video tutorial; this is still to be done unfortunately I haven't had the time to do so yet. I really think the web needs one. Profitly has a Video Record option now so I'll give it a go. If that fails I'll try to use another video recorder of some sort. If anyone really, really needs info or could use the tutorial asap let me know. Cheers.
Some interesting trade news tonight. $ASTI boomed due to earnings news which I totally failed to take advantage of until too late. Classic emotional trading at its best. I'm learning though. Still, I got out damn quick and was happy... until I saw the fee's OptionsXpress charged me. Holy cow turd. Nearly $200 taking a tiny loss into a big one. Funny enough I've been inquiring with eTrade on switching over so this just convinced me to do so. My % is getting worse but only because I fail to take advantage of the good setups. Need to trust my plans more!
OptionsXpress - Add More Charts - Maybe everyone knows this but I can't find squat online so here it is: To add more live charts to view real-time click on 'quotes' on the main page tab then 'streaming charts'. Once the java window is open (a chart which will most likely be SPY) right click on the chart and "open in another window". This will open a new window which is fully customizable to fit on your screen. Repeat right clicking\open another window.
"OptionsXpress is headquartered in Chicago, Illinois". --- I was advised last year by OX support that their rules were different to the US laws and were based off Australian laws. Turns out this is incorrect and WIKI confirms it. My account has been "downgraded", to put it loosely, due to breaching the PDT rules. I wasn't aware I was effected by it. So, be aware, if you use OX you need $25k + in your account so you're not effected by the PDT rule. I'll be adding funds Monday so I can get back to some hands on learning. Call them to confirm if unsure.
Started using OptionsXpress "Virtual Trade". Its a nice little tool to use during trading hours. Since I don't have the funds to short it allows me to do so. *dance* ..... As for trading Easter is over and trading is back to norm. Got the week off so i'll use the time to trade and study.
Created my own Watchlist just for fun and went to bed at 9pm. Got online 1:30am only to find trading now starts at 12:00am. Hmm. Missed a few opportunities and only had an hour before I had to go back to bed. Checked Watchlist today and fair enough more opportunities slipped by. No surprise. Overall I did ok with the list and learned a lot. Unfortunately I need more time. Fun!! Plus using OptionsXpress is a big learning curve.
Application for OptionsXpress is now active! It's good to know I have a broker again. Next few days I'll play with it and next week attempt some fake or real trading (I'm a little rusty). At some point I'll add some updates in regards to this broker.
Sorry for anyone who got tons of emails from me. I was trying to update my Blog (which is finished for now). Turns out all the formatting options don't work properly so it's a bit of a mess. At least it's easy to read. Hope people like it. Hopefully within the next few months I'll be able to add some credibility to the stuff I say by actually trading. ............. Thanks to Mavrick41 I have signed up to OptionsXpress. Now waiting for sign up confirmation as I've applied for a Tmargin account. Still not sure about prices and ability to short properly but that's how it go's unfortunately. Cheers.
@timothysykes Just registered here with profit.ly! Seeking some advice on which online trading platform to use (I currently have Tradeking and OptionsXpress) but I am curious if there are any better, less popular brokerages out there. Any other advice on getting started is very much appreciated!