Search results

This is why I am very eager to get a trading buddy- to test my strategies. Backtesting means nothing unless it's fully automated. Try looking back at results from the other side of the trade-I'm trying that very thing this month-and it ain't pretty!

I do not trades strangles, I use strategies that suit me, but I know how to make a lot of stuff work-that's the appeal of options,you have a mountain of choices with each underlying,though I have given up with equity options-they can't foul up an index too often-except at expiry,and you can...

Options trading gives me the choice of being simultaneously long and short,choosing a range,choosing a time frame or multiple time frames, allowing adjustments and having the comfort of limited risk when the market 'accidentally' drops 1,000 points like the DOW,when all future got banged out...

1. It's called reality-and unless you have a black box-which will work for a short while before meltdown-and you have to understand when it is melting down, not the why.Choose any method you like- there are more skint forex traders than ....... you make up the saying. 2. I have just explained...

There are many traps in trading. 1. Back testing is at best 50% accurate-why? Because you won't take 100% of the trades,but you will miss most of the winners,and take 100% of the losers. 2. Options are the most forgiving instrument to trade,and the most complicated to understand. That's why...

I said Vega is mis-priced that doesn't mean I know how to trade it does it? I'm not a good trader but I make money by trading within my limits and not trying to be clever-remember LTCM- genius fails frequently and it's a market-the clue's in the name. TT is mildly entertaining and I often...

are you in the UK?

Vega is always mis-priced so anything 2 months out is pot luck- I've done every type of calendar,and don't like 'em personally as they frequently disappoint. Curiously I think Tasty Trade's assessment of trading at about 45 days to expiry is sound. PIN risk is a whole other area. Enjoy- I still...

I presume the underlying is SPX at 1955- without knowing prices I couldn't comment but I hate back spreads, as your longs will always do less than you think and you have effectively sold a 9.5 spread- unless I misunderstand

I have no idea what you are on about-portfolio stability? Seriously? Action means beuingable to take trades,and you guys are whining about the lack of movement in the markets- well deal with it-get strategies that work

Stocks are for beginners- if you want action trade derivatives and forex-stocks are for the birds-why would you pay $10k to make $5? Stocks are invetsments only, pumped up by the deadbeats at the Fed whose QE has fed the stock market and crushed the real economy. When QE stops or interets rates...

I find your fiath in probabilities disturbing Vader-seriously? When trading so far ahead you have literally 100% no clue

I don't think TT came up with Jade Lizard-however the point of the trade is that put premium has to equal the difference between strikes of the call spread, minus the call spread premium- a crap trade as you will get carted off at some point, to the downside or be in constant pain with the call...

+2

Options volume at one strike means nothing-they could be a hedge against another series,another strike or calls or they could have sold those puts-who the hell knows? Anyway if you made money well done,but be aware that a trade in one option ios not necessarily a stand alone buy or sell. I'll...

Great post-congratulations- I make money too and it sickens me that so many traders have to snipe at others. It's very hard to do this, and we need all the friends we can get, and some posts on forums are just damaging and best avoided. I need a trading buddy to force me to take the big...

To quote(paraphrase) Fisher Black- when you play PIN risk hang on to your b***s. They are cash settled of course, but manipulated to b*ggery at expiry......allegedly. I never run trades to expiry and just accept that it is 50% risk,after the hard work of finding a trade that may have made good...

Rule one in ANY business: Never be a forced buyer or seller - PIN risk is a sucker's game,but well done you for making $$$$ in the first place.

I'm in Surrey- options trader of many years looking for trading buddy to explore all avenues of profitable trading

you cannot exercise a European style option- they are usually cash settled anyway, but you can sell or buy them all day long -I trade UK options on the ftse index and sometimes take swing trades for 3-7 days-you can do whatever you like with zero risk of assignment or exercise-no idea why people...