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Falconview, what about this questioin? On the tos charts are all the studies you can add to the chart. I have been looking at MACD and the Williams %R, when you are talking about drawing trend lines, which of the studies do you like? Any other studies in general that you find to bee the most...

Falconview, if you just click on the adjust account, you can add in more money. I did it just to see, and put in another 100K, try that. Michael

On the tos charts are all the studies you can add to the chart. I have been looking at MACD and the Williams %R, when you are talking about drawing trend lines, which of the studies do you like? Any other studies in general that you find to bee the most usefull? Thanks Michael

OK falconview, at your suggestion, I closed all the positions and took the 7.8K in profits. Three of the orders were filled, and one was not, so I switched it to market and it was filled immeidately for a few cents difference. When do you decide to use limit (which TJ said to use, and market? I...

OK, but 14 days left to a seemingly safe 10K profit, or 7.5K now. I will think about your suggestion, and will look at doing it when I have some time later this morning. thanks Michael

Falconview, if this was real cash, I would sell it now. However, this is a learning experience to see what happens as the month progresses. Already learned how to do an adjustment far before any chance of going ITM, which is comforting, to avoid the losses you are talking about. This would be a...

I think it is pretty simple, just sept bull put spreads, starting at 1675/1650, then 1625/1600, and 1575/1500. Yesterday I was thinking the 1675 was getting too close for comfort, and was looking at rolling that further out. Also one bear call credit spread at 1950/1975. At the moment they...

OK, so tell me what it is, I know it is there. thanks One question (just learning the tos sytem). when it shows p/l open, I presume that means if I closed all the positions at the market price, that would be profit. Right now it is sitting at 7.5K and the total credit if all options expire...

falconview, I was just about to do my first adjustment one of the test positions I had, even though we were still a long way from the strike price. I think that is the key to not losing the 20K that you did earlier. You have to adjust much sooner. That is where one of rules I was looking at said...

Hello falconview, I still think some of your credit spread thinking is flawed. You mention one loss can nearly wipe you out, but only if you sit there, watch it go against you and do nothing. The adjustments are not difficult, rolling further OTM does cost a bit, but nothing like the losses...

falconview, good work. Once I have learned a few more of the basics, I will ask you explain some of the other strategies in dummy language I can understand. Very interesting following the test trades I have in the TOS account. I have a combination of put and calll spreads just to follow how...

falconview, a question about the thnk or swim practice account. when I opened the bull put spread I did it in one trade entry. If I want to close it or roll it out, I dont see where I do that in one trade. If I am on the monitor tab, all the postions are separate. Does that mean I have to enter...

falconview, if one wrong trade can cost you almost your whole portfolio, they must not be doing adjustments. If you look at the Monthly Cash people, they show the adjustments that are actually done, which limits the losses significantly. There will ALWAYS come the time that the adjustments are...

Hi guys, I just received the monthly forecast for sept and the strategy from monthly cash through options site. Love to get your opinions on both the market evaluation and their trade recommendations. I have TJs email and need yours falcon view. I sent it to you in a private message on this...

TJ, yes absolutely a paper account. thanks

OK, opened my TOS account, so now the questions are going to get really dumb! For fun, I put in two orders, one for bull put spread NDX sept 1650/1675 and one for the bear call ndx sept 1950/1975 This was done without even looking at the market, just to play with how the thing works and...

Falconview, I sent it again, just go the private message section, click on the red letters and it should open. Thanks Michael

falconview and tradingjournals, I sent each of you a private message with my email so I can forward you both someting I would like your opinion on. Thanks Michael

Huh? Thank you I will take some time to go over that when I can. Are there any commercial services who give any decent market predictions? Michael

TJ MAX was the name that came to mind! Ok, so knowing what both of you know now, where would you go to either learn to develop a timing model, or use a commercial one you think has some merit? I know that it is huge question, but go for the simple answer! Thanks for the advice. Michael