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Interesting. Do you know of any links detailing such cases?

This sounds like an experience I had about a year ago where a brokerage (who had been taken over by another company) I had been with for over 10 years (with PM) asked me to complete a "personal guarantee" form saying that I was responsible in case of a net debit on the account. I was appalled...

I'd like to see an article where this is "proven."

Positive (negative) vega trades can take advantage of IV expansion (contraction). Straddles, strangles, diagonals, and time spreads are generally vega positive. Butterflies, iron condors, and vertical spreads are generally vega negative. Watch out for weighted vega concerns regarding...

If the brokerage is going to take on risk by offering you margin, why should they not do some sort of background check like knowing your liquid net worth, income, etc.? They're protecting themselves, and their shareholders surely appreciate that. If it frustrates you that they need such...

What evidence? I've asked you this before. You said WDIS. Are you saying a single trade was literally the end for the show? That should never happen if they are truly "trading small."

The only thing I've heard Sosnoff say about managing losers is that it doesn't work. He's said that time and time and time and time again in Market Measures. I've never heard him espouse a consistent strategy of managing losers and he's got his own reasoning why this should not be done...

Does Tasty Trade recommend protective stops of any sort or just managing winners and staying small?

Not necessarily.

Is there data to suggest this, TBS?

Do you remember exactly what shows? And who blew up accounts... TT viewers or traders affiliated with TT itself?

Do you have a link?

I agree with your first comment but really, is there any more or less evidence that any of TT's traders make a profit than there is for any other service/firm/trader/organization? qlai said "there are many people here who claim to be successful at this, so I hope they can share some of the...

I hinted at that.

Without having hard numbers, I wouldn't say one approach is better than another. Different strategies have pros and cons that can be understood and evaluated for compatibility with a trader's individual personality. Valid claims about better/worse are, I think, much more difficult to come by.

ET could do worse. ET could also do better. More to the point, a baseless claim cannot be verified. Anybody can (and does, in this industry) throw up a table or graph and draw conclusions from it. If we can't replicate it then those conclusions are nothing more than hollow (baseless) claims...

People make mistakes, ironchef, and one of the potential benefits of this forum is to share our work to see where/if the mistakes are being made. If you want to make performance claims--hypothetical or otherwise--without sharing your methodology then all you have are baseless claims. If I see...

If your methodology was flawed, then your performance claims are irrelevant. Describe it in enough detail so I can replicate it.

Interesting... I wouldn't have suspected it but I looked at the risk graph and saw this. If you lower the strike to 3500-3600 then it becomes a debit. And either way, maximal loss at front month expiration will be incurred if the market doesn't rally significantly.

That doesn't tell me much. How exactly did you do the backtest?