I don't use luck, haven't you figured that out yet. Come on where's your sense of humor. Show us a trade moving forward using greeks, explain how is it better. Read my comments, and you'll realize where i'm coming from.
I'm not sharing trades on public forums. You still did not tell us why your approach of holding till expiration is better than mine of closing before expiration. Negative gamma is just a fancy name for the fact that when we are close to expiration, stock movement has much greater effect on spread prices. This is my rationale for closing early.
Read the first comment of the thread! All you have is a 10k account earning 80% over 6 years. Backup what you're touting with a narrated trade moving forward. So far you're a troll, criticizing others with hot air about theory bs. I am showing others a live trade from the beginning without the greek theory confusion. As you can see it's not required to make money.
Yes. You said you place a trade based on what your friend does, and asked for advice how to manage it. "Would anyone in this space close early or wait until option expiry?" When people responded, you started attacking them. I have no interest going into pissing competition with you. Everyone can google me and see my record and my reputation (cannot say the same about you).
Lol you took it literally. Your rep is based on 10k account, and now it's 20k after 6 years. My daughters learning account is bigger than that. And she generates enough money to pay for school and the lease on her lexus. I was showing traders, complex theory isn't necessary. Look at the trades i posted closely, you'll notice the close is in placed within days. But you brought up the very topic I'm proving isn't necessary, of course I'll poke at you. So many in this industry remind of the old snake oil salesman. BTW overly complex spreads are not necessary to make double digit returns. But that's another thread.
You have serious math problem. No it's not 20k after 6 years. The account value is getting reset to 10k every year. It is 18k in Sep.2017, based on starting value of 10k on Jan.1 2017.
You should scale it to few 100k, then there no need to train others, you'll earn enough. Many tout returns based on historical data. Not saying you're one of them but you get my drift...
Wrong again. Maybe you should spend few minutes on our website before making fool of yourself over and over again. From the performance page: All Returns are on the whole account, compounded and based on real trades (not backtesting or simulated results). Do you know the meaning of "model portfolio"? It is using $10k in order to allow the "small guys" with smaller accounts to participate. "The more successful you are, the more you want success for others. Show me a hater & I'll show you a loser. Every Single Time" This is my last response to you. Wasted enough time.
i'm wrong are you're always right. Go away and trade your little boy 10k account, you're dismissed. I'm not buying your bs, no one I know would either. You're calling me fool because i don't accept your bs. Go drink some more of your own koolaid. You can't even prove your trades live, you're just another paper trader full of bs. The only fools are you and your followers ...