Wow, thank God for you lawyers. I thought he had something against camels. Or maybe he likes them a little too much. You can love your camel, but don't loooove your camel. Howard, it's been alleged you f**k camels. Care to respond?
It's actually getting pretty boring. I miss dialoging with you. That was an intellectual challenge. These guys don't come up to your shoe tops.
If after reading the entire license you feel that this statement is true then you have some ethical challenges as well.
This is your own quote which claims high return and high risk. You even state yourself that the capped return is actually significantly lower than the max risk. But most IC traders get pulled into that high probability of success which is not meaningful when the % losses are huge compared to wins. Rolling is just a martingale if you feel you can keep rolling as the market pounds your short strike. You admitted that you did not trade during 2007-2009 but backtested based on END OF DAY bid/ask quotes from ThinkBack ToS. End of day bid/ask spread data on NDX and SPX can be very misleading and gives a false sense of security.
You deflect questions like a real pro. To cut the the chase, I can honestly say no one here gives a rat's ass about Maverick's picture link but many would find it quite objectionable to teach a strategy you do not understand very well. I find it hard to believe you will accurately portray your experience and knowledge to a potential paying customer whose money you want.
I have written extensively on the limitations of back testing and some innovation I have implemented to overcome some of them. Your quote is accurate but somewhat out of context and out of date. And so it goes.
You used a hypothetical $10 stock and I used a listed NYSE issue, XRX. The XRX condor position blew-out on a 20% move while long stock requires a drop of 100% to achieve the same horrific outcome.
Oh no.... I posted a pic without permission.... way more serious than a person claiming to be an expert and teaching an option strategy they do not understand.
Hmmm. You don't find charges of lack of ethics by someone who displays unethical behavior a problem. I guess that helps identify your mind set. You don't know me and you don't know my history so your belief about my future behavior is either based on your behavior (transference) or based on ignorance.