Comments on: Ask Anna Your Trading Questions

By: demosco

demosco — Fri, 07 Oct 2011 19:36:42 +0000

Hi Anna, I must commend you for the good work you are doing on your websites and its been of tremendous help to new traders like me .I have been trading the forex markets for exactly one year now and have been demo trading to test some strategies but recently i have found the volume spread analysis to be a very logical way to read market moves actually it was a further reseach on VSA that lead me to your site .BUT I have some questions for you on volume spread analysis
Is there a volume data for the forex market and how relevant is the strategy to the forex markets
Do you trade the forex markets using VSA .
If you do ,what is the source of your volume information.that you employ
Does the strategy works well with currencies crosses ,like GBP/CHF,GBP/NZD etc.
will you recommend the strategy to forex traders despite the fact that forex is not traded at a regulated exchange and reliable volume data can be difficult if not impossible to get.G
Many Thanks for you help .God bless
Regards

demosco

By: I Harvey

I Harvey — Fri, 03 Jun 2011 23:24:45 +0000

Anna

Can you direct me to a site which lists brokers who will execute option writing contracts ? I have found several client brokers who do not deal online and their fees are extremely high. I am an active full time stock trader online but my current broker does not handle options. I have also been told that the broker will need to hold the shares which are the subject of a covered position …is this normal practice ?

Kind Regards

By: Alex

Alex — Tue, 29 Mar 2011 15:43:33 +0000

Hi Anna,

I was reading your advice on record keeping strategies and I was wondering whether you keep your stock records, options records, and other investments such as CD’s or Bonds all in the same book or if you have a separate one for each.

Also, thank you for sharing your stock spreadsheet, that has helped me immensely, could you also share your additional sheets as well? I’m trying to create a comprehensive system for myself that will be simple to update and simple to come back to when necessary. Thanks so much!

-Alex

By: Edward D.Sykes

Edward D.Sykes — Mon, 21 Mar 2011 20:42:58 +0000

Dear Anna,
I am reading your page on money management, STOP LOSS. Could you please explain the part that says — never use whole numbers or round numbers etc.
Thanks. Ted.

By: Walter Owens

Walter Owens — Sun, 20 Mar 2011 23:34:00 +0000

Dear Anna,

I am a 74 yr old going on 75.
I have been trading stocks and options for 3+years.

I am familiar with bid and ask premiums on options – but when it comes to writing calls and calculating returns,do you use the ask or the bid premium ? , in determining what you will receive.

I also read your “how to write a covered call”
In your 3rd para you say “If all the contracts are fulfilled and yours is left-so be it” . What is meant by so be it ? Are there any consequences ?.

You also mention MCD as an example, I couldn’t find the example.

I also thank you in advance should you answer and don’t know where you find the time to answer everyone.

Walt

By: Sarah

Sarah — Thu, 17 Mar 2011 22:50:34 +0000

Hi, I am looking to get into options. I have been doing research and have a few stocks that I am finally ready to buy. My problem is that I cannot find decent online stockbroker service to trade options in – most of them i.e. E-trade are for U.S. residents. Could you suggest one please? most recommendations come from U.S advisors and again not much good in the U.K.

Pls help – it would be nice to hear from someone living in the U.K as I’ve spent a good deal of time working on this and now that i’m finally getting there. I am getting frustrated not being able to find an online service to work with!

Thanks

By: isabelle fournier

isabelle fournier — Thu, 17 Mar 2011 04:10:01 +0000

Hi Anna,
By any chance would you know what is the most efficient way to find out what warrants are available for trading on the U.S market? Is there a list? Some way to search it on the internet?
Thank you.

By: Lovell

Lovell — Fri, 04 Mar 2011 23:51:43 +0000

Hi Anna,

I was browsing the internet and came across your wonderfully informative site. I am looking for an experienced currency options trader for an institutional account. I currently trade equity options. While I have spoken to traders as various give-up banks ABN-AMRO and and a few of the places the ex traders from their set up, I have only spoken to one currency options guy. It was years ago and he was head of currency options at B of A.

Are you working with a firm? If not, could you refer me to someone who actually understands currency options and the strategies available to provide principal protection and cashflow.

There are no bad days in the options market.

Regards,

Lovell

By: anna

anna — Mon, 28 Feb 2011 15:11:14 +0000

Hi Dave – apologies for the delay in replying and many thanks for your enquiry. Unfortunately I have no idea but would suggest that you contact Metatrader direct who may be able to help. Alternatively why not use futures such as mini Dow as an alternative? – Hope this helps and many thanks once again – Anna

By: anna

anna — Mon, 28 Feb 2011 15:08:55 +0000

Hi Thomas – many thanks for your comments and I have just checked this stock for you – which I believe is Helix Ventures if I have the correct ticker! On the daily chart the stock is trading below both the 100 and 200 day moving averages and looks very bearish. As far as I can see from the current volume the insiders dumped this stock back in late 2009, having sold out at 1.06. The volume for the stock is very small, so if you are thinking of buying in any quantity please remember that when you come to sell, there may not be the market liquidity to allow you to get out of the market, and in selling your stock you may force the price down against your own positions. In summary, not one I would buy personally until I saw the market makers buying in volume prior to a rally, which is not the case at the moment, so I would expect to see the stock fall further in due course – hope this helps and many thanks once again – regards Anna