Recent Content by DallasSteve

  1. Martingale With Strangles

    newguy You're summary at the end is basically what I'm studying. One difference would be, as you point out, to trade QQQQ either direction so...
    Post by: DallasSteve, Mar 17, 2009 in forum: Options

  2. Martingale With Strangles

    You mention OTM put options. Is there a reason they would be different than OTM call options in terms of profitability? Also do you think that...
    Post by: DallasSteve, Mar 17, 2009 in forum: Options

  3. Martingale With Strangles

    Wayne Thanks for that thread (it's so old QQQQ was still QQQ). It does look like he had the same idea. He said that he lost due to high...
    Post by: DallasSteve, Mar 14, 2009 in forum: Options

  4. Martingale With Strangles

    My plan is to determine a certain size limit before starting and set the strangle size and width accordingly. Maybe I set 8X trades as the limit...
    Post by: DallasSteve, Mar 13, 2009 in forum: Options

  5. Martingale With Strangles

    1) ?.....you're "trading against the long-strangle". Not necessarily. The underlying (eg QQQQ) can swing both ways, not just long. The hope...
    Post by: DallasSteve, Mar 13, 2009 in forum: Options

  6. Martingale With Strangles

    I am aware that Martingale strategies are frowned upon in trading circles and having backtested them extensively I understand why. However, I...
    Thread by: DallasSteve, Mar 13, 2009, 15 replies, in forum: Options