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Ahhh! Interest rates. You know after spending two years messing with spreads and learning GREEKS, and volatility trades, Gap trading. credit spreads, debit spreads, long straddles and all that other stuff about selling premium is better and everything. It is just nice for this simple...

Kinggyppo Thankyou for the contribution to my education. Think I had read some of this stuff before, but had forgotten it. I just had an idle moment while my options were down -$700. Told my wife when she popped in and she had the usual sarcastic comments. I was waiting out the testing...

I didn´t get the spread from es to something goes to zero comment? Sorry! Thanks for contributing.

I notice the E Mini has lots of fast movements back and forth. Perhaps more so than the SPY? Would that be a factor in reading indicators? Thanks for the reply by the way.

E Mini chart ? I was curious if I could pull up an E Mini chart on FREESTOCKCHARTS.com Anybody know if there is a symbol that works?

Whoops! If you want more emotions, philosphy and such, here is my BLOG on the SEREPENDITY OPTION TRADE METHOD as I go along and develop it. http://tradingoptionsfordummies.blogspot.com/

One month of trading new system SEREPENDITY TRADE METHOD - OR- THE SERENDIPITY OPTION TRADING METHOD START: Mid August, 2011, trading in cash. Balance: about $7187 1) 2 Sept PUTS -50 – @ Buy $1.85, Sell $2.04 ( + 7%) + $26 New balance: $7213.77 2) 2 Oct CALLS -49- @ Buy $4.05, Sell...

Kinggyppo Thankyou for the nice comment. I only posted because I´m irrate, and need to let off steam. Plus, a side benefit would be to make other amateurs aware of the obstacles they will have to go through. I posted this to my personal BLOG for my grandkids and kids mostly, some of...

CROOKED ROULETTE WHEEL HERE, or STACKED DICE. Straight buying and selling, one trade per week. Well I had a wrong number on my order form last week. I was being careful trying to stay in less than 3 trades a week. Alas, on the Thursday I entered a closing limit order, a dollar below what...

Haaa! Good idea on the hot babe. Market did open with a bang, didn´t it. I was in PUTS yesterday and decided to close out because I couldnt decide whether the market would go up or down this morning. I lost the previous trade, therefore was happy with my leetle 4% on the bet. Now...

Well I´ve been a busy little bee, for the last few weeks. My progress is here. http://tradingoptionsfordummies.blogspot.com/ Hmmnn! I thought I changed that title? To: The One Winning Option Trade Method. This is my private BLOG with my kids and grandkids. I thought my friends...

Whoops! Must have hit the wrong key, kicked me out. Anyway, got actual trading last half of August, and 3 or 4 successful trades so far. About 6 or 7 % profit on each bet. Small bets though, only two contracts. Plan to increase bet size as I get more confident.

I´m out of Long Straddles. Been setting up a direct long trade in he QQQ, and the new system took me 6 weeks to get it up and running. I´m trading CASH MONEY, but QQQ which is the Nasdaq

Ay yi yi! I´m gone for 6 weeks from Howard´s thread and things go dead on here. I´ve spent six weeks devising a method to trade straight options. After a year and a half messing with all kinds of spreads, I´ve finally come to the conclusion spread trading is a waste of time. Now that...

The Thursday drop, barely registered in the QQQ?? It is just an ordinary monthly bar on the chart, a normal correction, nothing more. unless it takes down the DOW 10% doesn´t seem like much?

Congratulations Harold on your 35% for the year. Since the NEW MARKET WIZARDS books state that 40% capital return a year is enough to get you into their records. You are in rarified territory with 35% return for one year. I will pass on a tip to you. There is a PPO indicator, that will...

Welll the increase in volatility allowed me to close two trades in paper. The QQQ Sept. long straddle, 59 strike. It cleared after commissions only 1% A straight August Call in QQQ done just this morning, very short trade. Cleared after commissions $33 or 28%. IV did it!

Forex Forex I see you made that WEEKLY trade decision Monday about 3:30 p.m. late afternoon. I went back to check on what might have prompted it. You might have used an oscillator? Nothing that I am using anyway. I do see it was a new shallow high, that was weak. In my 15 mins. charts...

Nice trade Forex Forex I´m still kind of waiting, trying some various experimental trades. Mostly with the Vertical debit spread, trying to learn how to do it, paper trading. My cash long straddle was in the money a few cents the first of the week, but now it is back debit again. It...

My usual 3 or 4 a.m. studying. Been studying Vertical debit spreads. The many times I have studied them, I still have not got a clear understanding of how they profit. Seems they have to expire to work profitably. Maybe good for weeklies? Expire every Friday. Wednesday morning. Happy...