SPX Credit Spread Trader

Discussion in 'Journals' started by El OchoCinco, May 17, 2005.

  1. #651     Sep 13, 2005
  2. Please let us know where/when you archive your show. I would like to listen to your show but unfortunetly, I have class on Wednesdays.

    Thanks.

    Daytrader85
     
    #652     Sep 13, 2005
  3. If you had no class then you would listen to my show....lol

    Phil


     
    #653     Sep 13, 2005
  4. Haha. I would listen to your show during the day, but I don't think I could get to a computer that would let me listen to the show.

    I would rather listen to how to make money using Iron Condors then learn about Supply & Demand, and Elasticity!!!:)

    Hope my econ professor doesn't read this board!!!!:p
     
    #654     Sep 13, 2005
  5. dottom

    dottom

    One should also consider historical testing to see if the proposed TA approach to "overbought" vs. "oversold" has any +EV or is it just an illusion.

    Not trying to be a smart ass here, but so many ppl take an approach and apply OB/OS or trend "filters" without first validating if those "filters" in-and-of-themselves give any statistical edge with regards to probability of future price, volume, or volatility change.
     
    #655     Sep 13, 2005
  6. dottom

    dottom

    Outside of empirical observations, have you performed any historical studies to show statistical advantage in using BB's?
     
    #656     Sep 13, 2005
  7. skanan

    skanan

    For statistics purpose, this web site has statistics data of using BB to trade S&P500 ($INX). It's not so good against $INX.

    http://quote.barchart.com/performance.asp?sym=$INX

    The best technical buy/sell signal for $INX is 20/100 days MACD oscillator.

    I'll just continue to use support and resistance and read coach analysis.

    -Nick
     
    #657     Sep 14, 2005
  8. rdemyan

    rdemyan

    Placed the following trade today:

    OCT SPX 1285/1300 bear call filled at $0.80

    B/A was $0.55/1.25. I was filled in 2 minutes which suggests that maybe I could have gotten another nickel or so.
     
    #658     Sep 14, 2005
  9. I've had an order for OCT SPX 1285/1295 Bear Call Spread at .75 for about 30 minutes. Just changed to .70 to see what happens.

    Thanks to everyone for the help, especially Coach. Remember, he has his radio show today at 12:30 EDT. I listened last week and enjoyed it.

    Thanks again,

    Ed
     
    #659     Sep 14, 2005
  10. Hey Coach,

    The reason none of us can get fills at premium prices is becase some guy is on the radio (pretending to be you) telling everyone about this journal! LOL:cool:
     
    #660     Sep 14, 2005