Recent content by Robert Modd

I agree that the fake gurus are the ones that hide their P&L.

If you are trading undefined risk it is good that you have a stop loss (2X credit) and a gamma stop (1/2 DTE). In a big move down sometimes it is difficult to calculate actual potential losses due to the increased vega on top of delta losses. Holding those long OTM puts will help (Not a...

I said I trade market neutral so you would understand that my returns did not come from being long as you indicated as a possibility. My recent gains 25% YTD and 76% over last 12 months are based on using 50% of my net Liq. However I have recently added a decent chunk of change to my account and...

@ atrp2biz Let me add some context to my undefined risk statement. If you are using 50% or more of net liq you are in danger of taking substantial losses. I am going to make an educated guess and say Sweet Bobby uses more than 50% of net liq. What do you consider a high degree of leverage? I am...

Oh but I do know as I have blown up my account 6 times from 1993 to 2008. As I now understand risk and my YTD is up over 25% using ONLY defined risk. What research or experience are you using to justify undefined risk? Are you using stops?

If you are deciding to trade undefined risk then you are dealing with a ticking time bomb.

Defining normal expected returns would need to be averaged over years for each individual. One of my goals here is to capture that data from other experienced traders. As far as using experience to make the best of open positions, you are correct IF you are a discretionary trader. My trading...

I am adding more funds to this account in a few days which will make it more difficult to calculate and clarify returns. This is an update as you can see I am up approximately 21.5% so far this year to date. Annualized this is approximately 47%. This is my last post in this thread unless anyone...

Here is My quarterly update. I am up $5,970 YTD for a 10.7% return this quarter.

Thank you Systematic Blue for your incites on Collective 2 in the private chat.

I have not studied the Collective2 process so I am not sure about using them. Maybe I will check it out. I have looked into using T3 because they provide capital and when I did the calculations I had to do 11-13% ROI (due to their fees) just to break even as a trader and I still had my own...

I do understand. I guess only time will really reveal that I do. I don't see the correlation of being validated and therefore I don't understand 100% of what I'm doing? I have already stated my reasons for this thread.

I do understand. I guess only time will really reveal that I do. I don't see the correlation of being validated and therefore I don't understand 100% of what I'm doing? I have already stated my reasons for this thread.

I am not sure what you mean by "Over your head"? When you say leave others alone, I don't mean to offend anyone. I guess one of my points is that if you are taking advice from someone make sure they are credible, and the number one way I gauge credibility is proof of returns. I appreciate your...

LMAO! So I assume there are none?