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Break between meetings. I only know what you wrote in the post that I answered, not what you meant by what you wrote. With regard to a vertical spread, I still would not put 1/3 of my trading account into one trade. I like to keep each trade at < 10% and I am generally < 8%. So my answer...

My options trading mentor once told me "I don't care if you trade options naked, but don't trade naked options." Your naked option exposes you to unlimited risk, even though the probability is small. PoT < .5%. I would not do such a thing.

Out of office for the remainder of the day. I'll catch up tomorrow.

My offer to you requires you put up the money to prove you are right. Suing someone with your level of veracity has little likelihood of collection. Nice try, but transparent.

My other investments are managed by others. I expect to and have done better than the market. It is not clear to me that a "Black Swan" event will wipe out my total account. I did a long analysis of why I don't believe this will happen in another forum. No one challenged the analysis on the...

From this thread it appears others have found your comments both without merit and full of malice. So it's not just I.

Run with the big dogs? On the contrary. I know I have a lot to learn, even if my results have been pretty good. For more than two millenia the didactic method of distilling truth out of aggressively argued positions has worked. It's only in the no-fault, every opinion is equally worth while...

A large consensus on only two of the six forums in which I discuss my trading. And by the same people on both. Fancy that. Since I did not start the squabble here and asked that it be removed to another thread several times, your remarks seem rude to me. With my "discredited methods", my...

For me, 1/3 of available funds in one trade is very scary.

How PoT works: An internet search on "Probability of Touching" + ThinkOrSwim will find at least three PDFs in ToS's library. Tom Preston is the creator. Degenerate system?: Since PoT is proprietary, I cannot state with certainty what its inputs are. However, for your degenerate hypothesis to...

To many it has no value based on MG's discussion, but I did use the math I learned at the MIT of the Midwest. :)

Last trade, perhaps?

I did that. Not in absolute numbers but as percentages. The amount in this account is no-one's business. This repeated back and forth in this thread about me is a disservice to the OP. It has nothing to do with his questions. The other threads where this is debated is the place for it.

I use it along with price of spread. You think it is worthless and potentially dangerous. You agreed to verify or refute the results of my tests. You are too busy. I think that sums thing up on where we stand.

Request my audit challenge where this is covered.

This thread is not about how I report my real money trading returns. I challenge you to point out a post in this thread which contradicts this. Perhaps I missed it when I reviewed this thread. If you had truly read my trading thread (you brought it up) as you said you did, you would have...

I've been using ToS PoT for over a year. The volatility strategy (model) is user selectable. I chose "Fixed volatility per expiration date" as that best matched the values I was getting with my own methods. The other two user choices are "Volatility smile approximation" and "Individual implied...

Sadly, it's unavailable to the general public. Would be fascinating to read.

Which of these views from a few posts back in this thread are, in your opinion, erroneous.

You have considerably more experience than I with options and I do take your cautions seriously. You state your premises with categorical certainty. Your arguments have been unpersuasive to me and to others to that level of certainty. But I have used your cautions to arrange my trading such that...