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Could you go through an example?

Was out of that NG position at 3160 btw :D What does spreads strips locational basis mean?

Welcome to Europe! :D

long 1262, small position

I haven't read all this thread yet, but it seems to me, rather than denigrating Al Brooks's methods, you may be better off testing them out and see if they work or not. No doubt, there will be a post on the lines of "i don't have a clue what he is talking about, so how can i test it out"...

Trader Vic, aka Victor Sperandeo has never "blown up". I think you are referring to Victor Niederhoffer.

stopped 50 :D

short 49

Sad day when someone says "saving" is hurting the economy :( Go read some Henry Hazlitt.

Unfortunately this Russian tycoon didn't make it: http://www.bbc.co.uk/news/uk-21913356

Took out the low, smashed through it and went to 1370

I do hope not! There must have been a huge bank run in many parts of Europe this week. I haven't heard anything about it on the news. All quietly done, using a few mouse clicks and the internet, i suppose..:D

Hit a low of 1442 today, matching the low set in Jan. Didn't take it out. It's found support! Might go long next week!!!

bunds, bonds flying up suddenly, what's the news?

filled on limit at 48.5

Just put him on ignore and then you don't have to read his posts. Simple. Edit: please stop quoting him as well.

long 1538

Russia has wanted that for centuries. Putin can't believe his luck. Probably can't believe how dumb the politicians in Berlin and Brussels are either.

I refer you to NoDoji's 1st post in this thread. You need to do some thinking and do some work (as we all do)!

Why have you used a normal distribution as your assumption?