Couldn't the same thing be said about every CTA in the business? They get paid to make trading calls, with none of their personal money at risk....
LOL! Oh, the subtle irony.
Your vocabulary below tells me you are not approaching this the right way mentally. There are some trading methods and systems that require...
rallymode stated previously, "I already said i am hitting a 90% win rate at 1:1 or 2:1 risk/reward." If he is getting that kind of %win/loss with...
Don't take this the wrong way, but this is a patently bad idea. Bringing real dollars into a discussion of trading strategies usually goes very...
I had both naked calls and credit spreads on ER2 (RUT futs). My only ES calls were in an OCT1375/NOV1400 diagonal. Unfortunately, the ES diag...
When you say "2% of margin requirement", are you using the spread width as an estimate of the margin? I.e. if you are looking at a 50 pt SPX...
How wide are you willing to go on the put side? To collect what size credit? Calls, I can see. Although calls have not worked out this month...
Ditto. It must be Phil's lawyer training that lets him keep his cool :) I thought all internet discussion threads were legally required to...
The margin depends heavily on what other positions are currently open in the account. It looks like domestic had mostly short calls still open....
Since Mark has mentioned the notorious beast, I thought I would provide some info on what the thing looks like. This data was compiled a few...
It says so right on the disclosure document :) [b] I obviously can't answer that for him. But the evidence suggests he does have himself...
I remember reading an article about that guy. He's really a textbook case for the premium seller. Made good easy money for quite some time....
On the subject of butterfly conversions, I did one recently, so maybe the numbers from that will be educational for someone. The details below...
I strongly disagree with this. From day 1, Phil has traded large size. This entails large rewards and much larger risks in the case of credit...
Wow. That was a very interesting article. Algorithmic trading is something sexy sounding that you can sell to investors. Bloated IT...
Phil will post his numbers later, but in the meantime, here are the numbers for an EW diagonal I have going off the board today. 9/15 ES 1332...
For educational purposes, here is an update on an ES put diagonal I just closed. 8/14 ES 1281 VIX 13.5 I sold SEP 1200P and bot OCT 1230P...
Baaaaa [img] The funny part is, this sheep is actually getting immunized... I agree with Phil's earlier statement. He has given...
Its odd that someone called greeks wouldn't know what sigma means :) Sigma is the symbol (and word) used for standard deviation. Google a bit...
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