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I swear I studied options for 3 months and then tried the whole theta decay deal or whatever and it didn't work. Lol, that's all I remember, and when I came back to trading this time and saw the phrase "sell a put", I was like nope. Not messing with that shit. Maybe later! :D

Opened a paper account with TOS 1 year ago and traded some options. Started with 100,000 and ended at 97,000. Not sure what happened or how I lost it. Fast forward to Late December 2016 and I decided to give it another try by with ETF's and Futures. I've also added some other platforms, Ninja...

Was looking at this chart and at 1:45est I felt like it was a good chance to go long. What if anything would have told me not make this trade?

Now this I understand. I think I may do what I was thinking in the first place and just make some trades on paper...........Right now I just need to get the feel of using a few platforms and make some really simple trades, setting up charts, building watch list ect....I have really no experience...

Can you explain this method of looking at EOD charts, or getting in the market close to EOD and trying to make a exit/entry to me? I keep seeing people say this, and I'm trying to understand it. Thanks.....

Can you give me a little more info on why you believe this? How can one do this and not kill their account? Would you say it best to maybe paper trade, then make a real trade, then go back and see why you lost on paper?

I must say I don't understand that chart. I see huge swing day to day but not so much on the 20. Could I even trade that with a $5,0000 account?

When you say small, you mean 1 contract? A week?

I was lost when you made the original post last week. I had to go back and read it a few times but I got it. It's gonna take awhile to get back to the lingo. These acronyms are killing me right now! :banghead:

I laughed all the way through this one. Good stuff. I need to hone up on the condors, straddles, strangles, butterflies and the like. I'm snowed in here in SC, thinking about making a stew! Might as well get to work. Thanks Sir!

Is this really possible through sim trading, I need to read up method development, know of a place to start? or this this something I'll just figure out as I go. Does it seem reasonable to swing trade 1-2% a week? Thanks for you help BTW.

The expectancy is to earn 1%-2% a week. I'm not near real time trading. I'll be looking to swing trade if and when I do.

You have to find your account before you can use paper with them? That sucks for me then. Guess I'll just use TOS for now. Do you know of another free paper that similar to IB's platform?

Probably a dumb question but what do you mean by "quantified your method"?.....

Anybody here use Think or Swim paper account? I guess it's best to use the brokers platform you are going to use but not sure.......any suggestions. I was going to use IB (for real money) since they seem to be the cheapest but I'm reading they aren't very customer friendly....

After reading so much, from what books to read, to chart studies, to TA to blah blah blah, I was like damn it man. I'm starting to think it's best to at least start making trades and reading about why it didn't works as I go. I just get this feeling nothing will be better than making 50,000...

Here you described a option stradegy, was it a iron condor, or something along those lines or was this a trade you came up with. I know it was a option but not much else. It's starting to come back to me now. A little anyway.

Can you tell me the best way to get to this point? Being able to do this?

All, After reading until my eyes are bleeding. I want to just start making some trades. I'm going in circles just reading. Since I have a paper acccount I was wondering if and how can I just simulate some futures trades or options trades. I just want to start getting use to doing something...

In this chart you posted, I think I recognized, or shall I say understood your point. The moving averages crossed over, after a period of higher highs and lower lows. Then there was a small up tick then a test of the 50d MA then a huge up swing. Would the entry point have been the first uptick...