Posted By: YG8
Trading options with Z13 - 01/02/20 14:23
I want to start trading options using Z13, is there anyone who could suggest a broker? By the look at it i guess IB is the only one offering options, at the same time the manual says that only Z8 should be traded with IB.
Also, any idea on how much I should expect to have to put up as margin?
Posted By: jcl
Re: Trading options with Z13 - 01/03/20 10:33
IB is an often used broker for Zorro systems with options, stocks, or ETFs. The margin of Z13 depends on which combo you're trading.
Posted By: LabRatNo9
Re: Trading options with Z13 - 01/24/20 12:41
DON'T trade options if you do not fully understand them.
They are a powerfull instrument ( derivative )!
You could do some homework on https://academy.investopedia.com/products/options-for-beginners
and when that fully understood https://academy.investopedia.com/products/advanced-options-trading.
There is no free (easy) money in the market.
Thinking so, not comming fully prepared, will set you up for large losses.
here's the link to IB's margin policy ( beware you will need a calculator ) https://www.interactivebrokers.co.uk/en/index.php?f=37725#margin-matrix
Posted By: YG8
Re: Trading options with Z13 - 04/30/20 07:39
Tnx for the feedback LabRatNo9, I started watching some videos from TastyTrade wich are also very good!
As I am reading the manual for Zorro, am I correct to assume that there are no stop loss used on the Z13 system? Only a volatility filter that determines when the market is too volatile and not suitable for trading.