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Oh no, Volga, I was not talking about naked short premium, rather the "lose 2 or make 5" kind of "odds" play that you mentioned in your earlier post.

Hi Volga, Point taken--I was referring to huge gaps the stocks are more prone to. It just hurt to see that one has to close a bad leg just when vol is spiking for some decent premium selling. Thanks again for your suggestions--much appreciated. tc

Hi volga, Thanks first of all for answering my question. 1, Breakeven--I think your examples are those IC's that have short strikes wrapped around the current price of the underlying. I do mostly IC's on indices and I go way OTM, so r/r typically is not pretty--let's say, $.60-$.70 per...

Good question, that I like to hear the answer to. I recently closed the short put side of IC as the underlying was threatening the downside. Barring a sharp spike upward, the IC would come out about breakeven, as the call side would expire. Not too bad, but there must be a better way from the...

I thought this thread collapsed under the weight of ProfLogic's own non sequitur. But I did enjoy reading some of the most recent responses and comments (from Grob, darkhorse, etc). Now, ProfLogic, as a simple trader (close-minded, you might say), I have a modest proposal for you, although...

It seems that you are that guy who can "see" the direction. Concentrate on your own trading--you will take all the money in the market.:D Good luck.

This is not exactly "civilized" speech from a person who admires EU civilization. He must be living in the barbaric US of A...

And of course, if it goes up, it is because of the bullish count. If it goes down, it is because of the bearish count. It always works beautifully...

The answer is in your own post if you go beyond that a little bit. Assumptions: --You have a 100K trading account (maybe bigger) --You trade in one market (e-mini's, given the location of your post or as you stated) --You have generated 60% returns last year (maybe more) Now you...

just look at CME stock since going public...

We all have a love/hate relationship w/ IB, don't we? So far I have not had incorrect numbers as I always reconcile my record against trade log/statement. Maybe because I mostly swing trade and day trade mini, so fractional cent encounter is not frequent.... tc

Hmm, I wonder if doing the exact opposite would help Jack...

Well, IB's account statements will never win awards for aesthetics. As long as they get the numbers right, I can live with it, though I often wonder how difficult it is to render statements in PDF files. Recently, however, I have not been able to download monthly statements as I would...

After 7-8 years, you still have not figured out what is doable and what is not in trading and come up this this kind of post? what a waste of time.

Thanks Roger!

Roger, I thought it was pretty unique too, after seeing it at Trading Expo.. Where do you get that e-book, Master the Markets? Thanks.

Very well said. As they say, "each to his own" and each will use his education and life experience to develop his style (macro, fundamental or technical) or "edge" to achieve success in his own terms. Just don't fall in love with a model or indicator, now matter how elegant or pretty...

Shogun-Trader, I know you are a good trader and you know what you are talking about from above. And I am sure you have 100k capital for trading. You might as well trade for yourself averaging 1-5% a day and, in 3-4 years, you will be sitting on a cool $185388282, compounded, as computated...

I posted the original during the market hours in a hurry. Actually I meant to say that thread poster will get paid, as you said, for people who poste contructive postes and for those who proffer advice, such as TraderBrad for a higher fee, lol. Or people who rely to Help threads will get...

Since members here are all traders or trader-wanna-be's, why not have ET be operated like a market place on a pay-per-poste/view basis. Every member should register with a paypal account. Example, divide the new threads into categories, depending on the nature of the thread, i.e., proffering...