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Information transmission, so far, is limited by the speed of light. Information mostly is transmitted in media at less than the speed of light. At the speed of light information would travel at approximately 11.8 inches per nanosecond. Realistic expectations are always a good thing.

I suck at Forex (EUR/USD) trading. Even I made money the past three days. If you can't make money in this market, fold your tent and go home.

Entrepreneurs, like large companies, create jobs where the return will be the highest. Money has no social conscience. That is as it should be. When we make the US less attractive to earn a return we get the expected results. If we want jobs here we must make the environment attractive. Look...

Apparently you have trouble understanding the English language. You completely misconstrued what I said.

In perusing trading forums and mailing lists I find mostly mushy definitions of "an edge." I still can't create a short definition that I can understand. Can you give me a specific example of a strategy and what its edge is and how it works?

I don't believe a strategy can be tested in the time scale of a day. A strategy has a longer time frame and needs to be tested with that perspective. What could cause a strategy to fail? Likely it is systemic changes in the market. For that to be detected one must look over a sequence of...

The only way I know to get rich quick is to win the lottery. Everything else seems to involve hard work.

Exactly what happens. I've seen it happen, tho not to me.

I'm glad to see posts with views different than mine. It makes me think harder and watch more carefully. Thanks.

I grew up on a farm with grapes and a winery. That's when the vines are pruned to insure a plentiful crop for the coming year. You want all the growth to go into fewer vines.

To understand what I'm about to describe, it is first necessary to understand that I do not trade Iron Condors as a unit, but as two credit spreads. Furthermore I only trade index options credit spreads. Some of the explanation my be overly complicated if you are trading Iron Condors on single...

Thank you for your input. By what name do you go by in this other thread? The teacher deserves some deference regarding his pedagogical choices. For the time being, we will proceed as I have outlined. Part of my reason for doing it this way was the difficulty I got into on the other...

Your patience will be rewarded.

Should I forget to cover this, please remind me as we get into the discussion of selection. Thank you for the "Dr," however, I have never achieved that level of accredited education and would not want to diminish the respect that should be shown to those who have.

A good case can be made for both approaches. My belief is that the strategy is easier to understand by first observing its management. Some of the preference for approach depends on one's learning style. Please bear with me and take the time to understand the positions I have taken and the...

Once managing trades has been digested, we will address criteria for entering spreads. Probably a week or so depending on number and depth of questions. You patience will be rewarded.

I used ThinkOrSwim ThinkBack to get end of day on bid, ask, vol, open interest and probability of touching.

Warning: //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// Although the process I describe is deceptively simple, there is a lot of study and testing that went into developing the...

03 JAN 2010 Trading Plan My trading plan for the day is largely derived from this Dashboard. There are two areas of importance when making my trading decision; areas of opportunity and areas of jeopardy. Opportunity - IC In areas of opportunity we have two columns; IC and Spread P/L...

When I was learning to fly I thought I was about to join an elite fraternity. People that had more of the attributes that I admire and less of the attributes that I abhor. Than I encountered all the RAPs and I was disillusioned. But I was less mature then. It seems RAs or just AHs permeate...