HowardCohodas Index Options Credit Spread Trading Journal

Discussion in 'Journals' started by HowardCohodas, Dec 30, 2010.

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  1. I've got some trading to do. Hope you guys enjoy playing with yourselves for awhile.
     
    #351     Feb 25, 2011
  2. Your failure predicts mine. Oh well.
     
    #352     Feb 25, 2011
  3. Howard, I thought you left? It's 2:32.... you're two minutes late for dinner.
     
    #353     Feb 25, 2011
  4. I did not fail nor did I claim you will certainly fail. My P&L is in my old thread. You need to respect the difficulty of this strategy and not be so quick to teach it before you master it.

    [​IMG]
     
    #354     Feb 25, 2011
  5. I don't see how you can add any value to the OTM vertical/iron condor debate/discussion and the teaching/selling courses that have emerged on the web since options commissions got cheap and vola slowed after 2002 and gap and crap days in the indexes and people wanted 'easier' ways of making money.

    Trading verts/iron condors should be left to people with directional or vola forecasting skills. People that know how to shoot. But that's not what your pitching or whoever will be buying your stuff will have skills for. Probability of touching, minimum credit, rolling down spreads to minimize the damage? That's what you are pitching? There's no edge there, that's bringing a typewriter to the battle.

    Anyone can slap on a spread, follow some guidelines and use a 20% stop, but frankly that should always be free because there's no edge in that. So I ask, what are the paid services going to be? Entry recommendations?
     
    #355     Feb 25, 2011
  6. timbo

    timbo

    [​IMG]
     
    #356     Feb 25, 2011
  7. Someone has an infected eye there.
     
    #357     Feb 25, 2011
  8. Apparently you have not read very much about my methods, because then you might be able to comment about whether the areas where I differ from what is popularly taught make a meaningful difference.

    I wont do your homework for you. Read and if you disagree with any of my innovations, let's discuss it.
     
    #358     Feb 25, 2011
  9. It looks as though you have a patent on cognitive dissonance.
     
    #359     Feb 25, 2011
  10. Clever, but non responsive. You need to up your game.
     
    #360     Feb 25, 2011
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