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Some may require supporting *proof* that I in fact made the following calls and cashed out during that <i>critical</i> 21 day period last September (see above graphic). . . September 4, 2008 September 25, 2008 - but that is how to avoid strongly adverse market periods. The...

"That's it! That'll beat 99% of "systems" out there." That is true. :cool: I am gradually sharing some of these trading traits in my thread: http://www.elitetrader.com/vb/showthread.php?s=&postid=2581743#post2581743 Complete with some actual trades such as this morning. . ...

I've done very well for over 10 ten years using research studies conducted by O'Neil + Co. The public use (by them) of their methods with fund management has had mixed results. Interestingly, some basic trading strategy rules I derived in 1998, along with their basic tenets, I've seen show...

Well it is not the BEST strategy I've developed. . .but it is a <i>long-term</i> (re: can conservatively compound year-after-year) approach that has generated 50% CAGR. Just this last year shows it's merit - So we'll share another covered call trade: Monday, September 21, 2009...

Yes, well we are not getting much of a response (just 5 have voted) from ET'ers. :)

Well it is Saturday -- perhaps more intra-day traders can place a vote. Let us know for certain how most "elite" traders manage money. Compounded or linear - gives the rest of us something to shoot for. pay$ :eek:

Yes! We got a fifth vote - all keep contract levels to minimum.

Pay$ense take - Market tanked about 50% and took with it financials, homebuilders and related stocks. That means EVERYTHING went WAY, WAY down. Then. . .like the genius in you or me could dream up (when we surprisingly lose our job and have family, home and debt to keep up) our elected...

OK no more have voted. Try this one on for size. Let's say one is determined to become a successful trader. This will put them in the top few percent of all that attempt this. Then they come to ET and look for a shortcut to perhaps allow for the elite to share with or mentor them. Then of...

Perhaps I need to create a picture to better show what I mean. Take an account with 50k after learning how to profitably trade. Perhaps said person is independently wealthy - does not work a day job, but trades. 50k is play money with a healthy enough cushion to absorb a *bad* period...

Thank you. Now we are getting somewhere. A total of (4) have voted - all apparently have not (yet) had confidence compelling them to proportionally increase contract amount with equity growth. I'll try to discuss this later - after perhaps more votes. You see "setup(s)" may be like stocks or...

Alright now, vote number (2)!p$ :p

Huh. (1) vote. The "secret society" of <i>elite</i> traders! p$ :D

I am certain there are many that do well here at ET with their trades. A lot of time goes into getting to a certain level deemed successful. In my experience, most at ET trade "setups" or do intra-day scalping. So this poll is to see how many have increased their contract amount as equity has...

Hey, BTW those stocks went up nicely. . .already. See CSFG and MELI. Also the new one (TSRA), too. So does anyone here know that <i>this</i> is of little importance if you still can't contain losers and perpetuate a system for more than a couple of years? You might throw 5-25k at a...

We had a nice NYSE "confirm" yesterday. This position will perhaps allow for some nice appreciation in the stock price: Thursday, September 17, 2009 10:39 am EST Bought 100 shares of TSRA (Tessera Technologies, Inc.) at $28.09 (ask). Sold (1) TSRA Oct 30 (TJQJF) call option...

huh? It was a "confirmation" day.p$

Another *freebie* just for the fun of it. Wednesday, September 16, 2009 3:07 pm EST Bought 100 shares of CFSG (China Fire & Security Group, Inc.) at $17.95 (ask). Sold (1) CFSG Oct 17.5 (QWUJW) call option contract at $1.30 (bid). Stop Loss: $16.65

In the 2+ years since I have been at EliteTrader.com I have made many posts not only wrt my covered call strategy - but now managed ETF and futures systems with a lot higher CAGR (compound annual growth rate). I will be compiling and re-pasting in this journal key posts in time whereby...

FYI - the 10-year graphic above depicts what *can be* a result using these covered call methods. Pretty awesome. Here is another newly established position: Wednesday, September 16, 2009 2:17 pm EST Bought 100 shares of MELI (Mercadolibre, Inc.) at $35.10 (ask). Sold (1) MELI Oct...