Recent content by TWORIP

That's why I said typically, not all investors.

Depends. You'll have to have full disclosure. So what is your current strategy? A lot clients won't be willing to take a lot of risk in start up hedge funds, so your explanattion of how you intend to make the returns is vital. Just as it is to us answering this question. Remember, each client of...

Depends how you trade. Most of the time the $$ holds will be less, but in some positions/situations you would actually be better off with reg T. Downside is there is no real clear way to calculate the holds except for the +15%/-15%. Be careful - If you get called you will have 3 days to deposit...

Your stike is a bit too close for my liking. I also would have waited to see what monday and possible tuesday bring before you sold them.

Thanks ziggy. That was just what i was looking for - good advice. Also good catch on the PM, i am trading with a bit of capitol. I would'nt be as "confident" in my strategy as i am if i thought there was a big chance i were to lose it all. Let me know if you ever have any more advice for me, i...

Lol so now that you actually realized you are out of your league, you refrain from challenging the strategy all together and agree with what we say?? Now all you are arguing is that i seem like i am a mr know it all, and attemp to put words in my mouth of me saying this is the holy grail of...

Woah again sir ziggy! I like that alot. Do you have any books out?

First off, why did you take all the "dol"s out of my quote that you quoted there lol!. I thought you preffered that word. Second you still have not given us a clear picture of what actually happened when you supposedly went bang on selling all these 1000's of naked options. What strategy...

And your posts are the most meaningless of them all. Atleast Dag is trying and making this somewhat enjoyable, at the same time helping to validate the strategy through his critiques. All you can say in both your posts is say that there are 87 refrences by other people why it is not good - in...

1) On those few times that i do lose(very few times as you stated) i am able to survive the storm at 20% loss(an extreme that is likely to never happen in the spy and qqqq and never has) as shown to you and i am sure i would be able to do it on anything less than 20% as well. 2) Been doing...

Dol, looks like sirziggy answered your post for me dol. Oh and dol, please do tell us about what you were doing and what happened in YOUR blowout when you were trading these 1000 naked puts and calls dol? Just playing catchup here dol, let me get to your next post dol.

Woah! Couldn't have put it better or come up with better scenarios myself. kuddos Sirziggy!

First off i have been trading this strategy averaging 5% or more per month through one of the worst markets ever and have had none of these problems mentioned, which i have covered in detail. Second, I would not get margin called because i am cash secured. And third, OSIP is a stock and...

I don't think you like being called bud. So i shall call you Dag. Dag, October 19th 1987 the market dropped 22% and closed at 1739, then closed the next day oct 20th at 1850. I don't know how you do your math, Dag, but to me that's up. If you had 1000 spy and 80 put open, and it dropped...

Mentioned it right here during the first couple posts while explaining what i was planning to do bud. Also another point to consider is that if the spy lost 20% in a day i am sure it would be up the next day.