Why would you project an end game of a blow out and bankruptcy?
That's a great question. I did two years of backtesting to determine if the recipe had potential. Backtesting has its limitations, but it is...
I do credit spreads on monthly RUT & NDX options. I voted "no preference" because I am ignorant of the trade-offs between monthlies and weeklies....
Some random thoughts: When you only get into trades once a month as I do, it's good to remember that trading skill, like many other skills is...
I have no idea what your talking about? :eek: [img] I tried the more chemically correct version but all the letters would not fit. :)
Having $50,000 to manage has significant advantages over having to manage $500,000,000. I've explained earlier about my experience (less than a...
Rudeness is in the eye of the beholder. I was born in the 1940's and was brought up to understand that truth was insufficient justification for...
The Black-Scholes paper "The Pricing of Options and Corporate Liabilities" was published in 1973. The key insight was that if a stock was traded,...
I know my experience is limited (5 months paper, 3 months money) but this is just not my experience so far. If the market moves sufficiently, one...
Perhaps an analogy will illustrate the point. When I travel from Ohio to Seattle I have a number of choices. I can fly commercially. I can use my...
Ouch!
IIRC, Pardo's book goes into this. If I have some time in the next few days, I'll try to summarize his insights into your question.
Back-testing is useful but fraught with danger. No matter how large the data set, there is always the concern that you will fall victim to the...
Paper trading 5 months. Money trading 3 months. My own rules based on some math developed jointly with my son. I am a retired software engineer...
Good analysis. Pictures are always a useful aid for those of us who still have trouble visualizing from just a word description.
My trading mentality is to "sleep well at night." Therefore I look for trades that offer 80%-90% probability of success with effective rules to...
In my opinion, the major thing that the size of your trading account dictates is the vehicles available to you. My credit spreads account is in...
If the goal is to put on an iron condor, the most common misconception I come across is that one should put on an iron condor or do nothing. Each...
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