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For anyone with your level of post count devoted to your expressed use has to be suspect with respect to mental stability. Do you even know what that word means without first doing an internet search? :p

The availability of funds released from quarantine from spreads recently expired. No TA on underlying. Just PoT and minimum credit. When a spread reaches over 80% of its capped yield, I will try to close it and open a new spread with the same criteria I use for entering. I do not attempt the...

I chose the strategy that gave me the results closest to the models I created that used Monte Carlo techniques to make the estimate.

Your comments indicate that you do not understand volatility models or how they are used. Both probability of touching and probability of expiring calculations are based on the volatility strategy you choose to use. ToS has some great online resources to help you sort it out.

My full summary for the last six months is only a few posts back. You should refer to the summary before quoting your own estimate of wins and losses. It can give other readers incorrect information in their attempts to understand your remarks.

Trades are not losers until they are closed. As I outlined above, I have closed only 5 losing trades in 6 months out of a total of 77 trades. These are the only meaningful statistics. Even if you were to count trades still open on a specific day, you would find none at 20% that remained open...

I surmise that you have a high post count by repeating yourself over and over and over and over again.:(

A very insightful question. I do not look at %/day explicitly. It is implicit because of some of the choices I make. First, weeklies offer the best %/day return. But they are likely to have a lower percentage of wins because of less time to react. This adds to some volatility in account...

2 losses per month??? 22 trades per month??? Are you talking about my account? If so, I don't know where your numbers come from. I'm never ALL in, but sometimes close. Of course I'm compounding. That's what rolling is all about. Don't discount higher spread premiums during higher...

ToS permits you to choose one of three different volatility strategies. For the numbers I cite, I am using the "fixed volatility per expiration date" strategy. I wanted to make certain that we were comparing apples to apples.

In 6 months of trading I have closed 77 spreads. 5 were for a loss. Oct 14, 3.3% loss Oct 14, 0.02% loss month on month account return 11.3% Nov 4, 1.7% loss Nov 16, 30.3% loss month on month account return 11.2% Jan 28, 21.5% loss month on month account return 11.2%

I serial number each new series I enter with an IC number. It has no meaning other than to collect a PUT spread with the CALL spread that are paired to make it an Iron Condor. If only one spread is placed then there is an opportunity to complete the Iron Condor. The second spread of an Iron...

31 JAN 2011 Trading Summary New Spreads: 94, 95.

Hmmm. I just checked. You can open a PUT 555/550 spread with a PoT on the short strike of 14% for a 3% return in 3 days. And there is good volume today. What more do you want? P.S. Are you using the Fixed volatility per expiration date volatility strategy?

falconview Yes it takes 3 to 4 winners to make up for a loser. But wait! We have 93.5% winners. Money management is outside the scope of this thread. However, I do report month on month returns to account for commissions and cash balances. After 6 months my average month on month p/l is...

Did not have Thu, so above is Wed and Fri. I track cash in my account on a daily basis, but not account liquidated value. My primary focus is managing each spread as a separate entity. Friday I opened spreads 91 and 92. Spread 91, the PUT spread, hit its loss limit and was closed. Spread...

I put on an NDX PUT spread this morning. Stop loss was hit. Added new PUT spread that met my criteria. I've not yet had a 16% month. I may trade naked, but I never do naked trades. :eek: