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I've got three paper trades to tend to for Thursday and Friday. See how they go? Still a work in progress on this new trading method for me. I'm getting better I think, at tweaking and adusting any variables. I think I'll give it a new name. EBB AND FLOW - TRADEOPONICS ! In a...

When I started a year ago. In cash. I tried Options Xpress, Option House and TOS. I found the platform for TOS to be more friendly and the help chat line, excellent. I went with TOS. My friend ATTICUS a professional trader swears by IB. I never heard of them before, and by the time I heard...

I've looked at IB, but while I'm losing on my current account with TOS, cannot get my wife to agree to another $10,000 yet, to open an account with IB. Thats their minimum and I probably have $7100 right now in TOS and working my way back up, albeit slowly. A happy home life is more important...

Wednesday morning. Made a stupid mistake. Instead of a waiting sell order, at a picked strike price, put in a buy order in error, and ended up with another CALL at a bad price, giving somebody $50 at my expense. Reset the order to sell, at my target price of $4.08. At the time, I was...

Kind of interesting with a dead undecided market. At least for long straddles. Nothing much doing. The big thing to resolve with my strategy is how successful I can be in breaking even on the losing side of the straddle. I'm estimating about 5 weeks maximum to get the breakeven, by one way...

Added a new LONG STRADDLE 1 Aug. 60 LONG STRADDLE, QQQ @$5.85. Puts and Calls at $2.93 each. - Still holding 1/2 straddle, the OTM CALL on the 62 Straddle. _______________________________ Note: Was reading some old notes and you can do a LONG STRADDLE...

NDX seems to mirror image the QQQ? For chart action.

Monday morning review. I'm looking to put on another LONG STRADDLE. If I can get matching PUTS and CALLS in prices. Decided not to average down on the first straddle yet, in which I'm holding OTM CALLS on the losing 1/2 straddle side. Market seems to have some downside to it yet...

Aaaah well! This novice keeps on trying, until I lose some money. Just reading one of those threads of Richard done my Maverick. It was interesting reading. It was about a butterfly front month and a wrangle on the back month. CALENDAR. It was sort of interesting, then it got too...

Ha Ha Richard. This is a work in progress. Just follow the bouncing ball. If your not old enough to remember Saturday movies, that had sing alongs, with a bouncing ball, well, what the heck can I say. My views on what to do next, change nightly. As I dream about it. I'm rather...

LONG STRADDLE TO THE HALF STRADDLE TRADING. The method of trading the Long Straddle as a unit, for entering, but exiting by using the half straddle, has it's own problems. The Straddle being a non directional trade, is a fine trade. You sit and wait for the market to come to you, at your...

Long Straddle , sold half the straddle, the PUT, as I put in a price target sell order and had to go do business elsewhere, running errands. It got filled while I was away for four hours, a gain of .80 cents. Less .10 cents commission, + $70. ( +12% ) However I am now holding a long call...

Holding 1- Aug. STRADDLE, QQQ, 62 @ $5,51 Calls and Puts at $2.26 each.

Okay, found private mail on here. It has been a week of soul searching. I´ve decided to start trading with Long STRADDLES/STRANGLES. Probably pull a CONDOR or Butterfly if the QQQ goes into a range, congestion also. I don´t have much in the way of money in the account, so will start with...

How do I get to private mail? Can´t seem to find it.

Ha! Ha! "Ugh!" I was hoping an expert like you would chip in ATTICUS. :cool: As a novice I´m going to think about your words of wisdom a bit. Right now it is sort of going on FAITH in your words of wisdom, not so much my learned process of thinking about it. Anyway sounds good from...

My computer is on the glitch and have to borrow a computer at inconvenient times. Sorry for the delay. But to the query on the long call, debit spread hedge, STRADDLE, it was A.J. Brown. Claims to have gone from $5000 to a million. I couldn't find the URL right now, but did confirm...

Well last week, I squeezed in a short two day trade using the CALENDAR. Though one guy wrote me, that he lost a bundle trying to trade Calendars. We didn't go into detail, so I don't know if it was a weekly trade, or a monthly trade. Perhaps Don Bright would be so kind as to mention those...

Ha! Ha! On the sellers Don. Just to make things a bit more interesting. There is a guy on the internet with a webpage that uses a STRADDLE in a different way. He bets directional with a long option on one side, but the other side of the STRADDLE is a DEBIT spread going out the other...

Just re read Don Bright. The question was about shorting a straddle. The answer is NO. Let us say you start a straddle with 15 contracts in puts and calls at a strike. You get a good 4 strike move and have a pile of money on the winning side. If you close the Straddle, maybe you...