Are verticals a waste of time? I'm struggling to find a way to make money on them. For example, my bank requires that I open a market account in order to trade them. Which I accept. Probably most banks are that way. Or SEC regulations or whatever.
So I was writing verticals for a while and was making a killing, until I started to get hit with margin calls. I adapted to that by not holding them over night...but then I got flagged as a pattern day trader? Not kidding. So then I became a day trader. Boy was this a rabbit hole, you know? And again was making a killing.
But the compliance requirements associated with this as well as yet another margin call convinced me to give up. It's not that I can't figure out how to trade verticals, it's that I can't figure out a way to do it that isn't drawing a lot of heat from my bank. No? Am I doing it wrong?