I'm not sure why you would buy stock at 10; the position is a winner, I'd just take it off and put it on the board. However, there are many ways...
Create a trading plan, test it, revise it, test it, revise it, test it, revise it, test it. Do that process for as long as it takes to become...
What is the cost? The cost is tying up capital. The short answer is - if you are playing direction, consider selling a 75-90 delta put to tie up...
Thank you for the help
Ok, this is starting to make more sense. This is the critical factor. You have to know how to forecast future volatility. What you never can...
Would you say that you should let your deltas run more so when vol is expanding versus when vol is contracting?
Am I understanding correctly that the purpose of gamma scalping is to reduce the effects of having negative theta (increase duration) due to a...
At the highest level, I love lowering cost basis for a trade. Extremely smart and it ALWAYS increases your chance of being profitable on a given...
I think you and I are saying the same thing. That markets aren't always random, that there are repeatable and profitable patterns in it.
Personally, kut2k2, thank you for your posts on trading with the trend. There are two ways to be fooled by randomness. The first includes...
The equivalent to a lottery ticket in the options world is going long OTM puts or long volatility. Those two strategies by themselves are...
At the end of the day, your job as a trader is to get from point A to point B. Point A being unprofitability and inconsistency, Point B being...
Technical indicator X could give me a signal, I apply 1:1 R:R and I'm a loser but I apply 3:1 R:R and I'm a winner. So why do I blame the...
Nice! It sounds like you've developed a lot of great content over the years!
Bone, how many clients have you had over the years? How many do you usually like to take on at one time? Thanks ahead of time.
I agree with this statement completely - you said it much more clearly than I ever could, sir.
I'll take my grind any day - hitting singles, grinding it out is the plan.
Sorry, I wasn't clear - for the first example, the 10-12 ticks was meant to be 10-12 ticks against me, not for me. I was describing the process...
I'm always amazed at how thin the difference between winning and losing is. Trading is a game of ticks. How many times did I scratch that trade,...
Thanks everyone for the feedback. I was able to find the conversion factors for each product, but not the CTD DV01s. That might be something...
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