Recent content by cantona777

Thanks for your replies. To explain the trade. DRAC is a trade where a basket of stocks are used for 6 month term with a projected return of 13% in this case. If a stock stays above 85% strike price (spot price - 15%) you generate monthly income. If any stock falls below the strike price...

Hi Guys, I got dragged into a daily range accrual trade back in Jan 11. The stock is Lloyds TSB and it is down around 50%. I'm still concerned about additional downside and I'm looking to hedge it using my IB account. Any recommendations as to a feasible was to hedge against additional...

HC, First of all I didn't intent to flame in any way or form as there is enough flaming going on in this forum. I appreciate your trade log as it is an important learning tool. Yes, fundamental analysis is quite difficult on an index. I would apply to more to ICs on individual stock and...

Fair enough comment Dgunz. For 08 crash I simulated taking a hit of around 20% in September and then I would have stayed out of condor positions for quite sometime due to high VIX. Having said that I remember having a conversation with my financial advisor around sept 08 and he assured me...

Dgunz, Thanks for the input and reference to HC's journal. I have done back testing on IC strategy in TOS especially during volatile months to see how my trading plan would perform. The results were satisfactory. It is not just an arbitrary paper trading as I'm sticking to my trading...

Thanks for your replies. It did seem too easy to get filled for good credit. I will keep this in mind for the future. Rob

Hello, I'm paper trading IC on SPX. Relatively new to the strategy and I was planning to practice monitoring and adjusting ICs keeping them on close to expiration. As a part of risk management I set up limit and stop limits orders. Issue that I have is that I'm getting filled on my...