------------------------------------------------------------------------------- Signal Types and Reward to Risk of each type: STD (Standard), BON, and DYLD signal types have a Reward to Risk of +1.0/-1.0. STD-LEAD (Standard Lead) type signal is +1.91/-1.0, STD-OBV (Standard Overbought) has a +4.66/1.0 reward to risk.
Flip Flopping all over the place. Those calls closed at $8.00, I assume you bought them hours before your post. I think you are loosing your Mojo with the AAPL trades.
You have less credibility than NE, if that's possible. FF is the guy who edited a buy to a sell in a thread when the sim-trade went against him.
He certainly is. Yet he continues to post here and offer "advice" while apparently under the impression that no one remembers that. And then there was that trade of his the other day that, when it went bad, wasn't a trade at all but was just on his watch list. What a tool.
You do realize that all those trades from September 2011 to March 8, 2012 were back tested paper trades, don't you? My real trades started at signal date 3/14/2012, plus the open trade signal date 3/19/2012 which have both been posted in real time on this thread. atticus, you are probably right and time will tell, but I would be happy if this new program has a real trade success of W/L: 75%.
Seems like you aren't understanding that you can sell options on a "cash account" (whatever that is). When you open an account with Think or Swim, and fund it, you can trade strangles if your account size is big enough to handle the margin requirements. Simply look at "option buying power" and you'll see how much margin you have. The way I do strangles is to sell at least 2 months out, with at least 6 contracts each. When the market approaches a strike buy the other side to make a spread and protect yourself in case the market turns around. Now you're buying much cheaper than if you had done a spread initially. Then as the market continues to approach your strike, roll out and reduce risk. For instance, if the market is approaching your put strike, and you have 6 contracts, roll out in time and reduce the number of contracts, so that the maneuver is basically even (you didn't spend anything on the rollout). Now you're protected on the call side at a very low cost to you and you've reduced the risk to half on the put side and given yourself more time. All is well. It's all about adjusting and removing risk.
I've never seen an applied delta1 system approaching 3/4 at 4:1 R/R. Either has anyone else. It's curve-fitted.
Don't forget his GMCR where he said he was short puts and then said he made that up after it turned out the stock was down $10.
The data is wrong. It's highly unlikely you have found the secret to perfect prediction of the market especially when you encounter two periods (high volatility in the beginning) and a benign rally. I would spend more time culling through his program rather than trading it with real money which will offer you no insight.