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Now that you guys made this extensive list of the scam artists, how challenging would it be to create a new thread listing the good trading websites? Jeff

My trading program is generating trades in both directions again, which tells me there is the potential for quick modest profits in either direction of the market. I placed the following trades today with automated IB bracket orders (Buy Limit / Sell Limit / Stop): [Trade No. 1] SPY OCT...

PM, I would never have guessed that you hadn't seen all the seasons the market has to offer over time. "Then this will be real interesting if your still naked put selling in a bear market!" When that happens keep posting so we can see what happens. My friend in Iowa has been doing...

Ok, the 4 kids are done occupying every minute of the summer (they are back in school), so I finally have some time to post a few trades. Have been reading this thread the past few weeks to catch up. Good to see Ryan back and making money. Put_Master, I read all your posts on both...

08-21-12 10:55 AM ------------------------------------------------------------------------------- 09-28-12 06:47 AM ------------------------------------------------------------------------------- Ryan, Your account has gone from $2,250 on 8/21/2012 to $5,345.67 on 9/28/2012...

I got in a new pairs trade today. AMGN (68.85) July 75 calls at .63 Target=73.65 SLAB (34.60) July 30 puts at .65 Target=31.85 I probably won't take much beating if the pair goes into negative overall draw-down, maybe -25% and I'll close them. The upside has good potential option gain...

Thanks Ryan, One of the many things I like about you is your ability to give an excellent detailed analysis of stocks. You should have been a stock analyst for a major brokerage house. Jeff

Falcon, Sometimes if you just think real simple on these straddles and strangles you can gain some good experience without risking the farm! Here is what I mean: Kraft Foods (KFT 39.69) is reporting earnings after tonight's closing bell. Let us observe what happens in the next...

flipside, 1; Economic Reports this morning (Jobs & CFNAI) were both lousy, so puts have a fighting chance. 2: Also every time in the last 6 weeks there is a large 1 day move up, its followed the next day or two by an equally large move down. "But' I wholeheartedly agree with Babu...

Inputting tonight's data into the trading programs produces a mixed bag of call and put signals for me for tomorrow. I am already holding puts from today (awaiting sell limit or Buy 2), System 2 (rare signal output but 75% accurate in 12 years) is saying puts. This gives my open put...

Also, If you open the attached chart of the SPX, Just like it was supporting on the way up since the beginning of the year, I am hoping the declining 20 day moving average (blue line) in the center of the declining channel (red lines) acts as failure resistance.

I just entered a new mechanical trade based on an older system that has a hit rate of about 65%: SPY May 139 puts Buy 1: 1.95 (filled) Sell Limit: 2.45 (+25%) or if tanks before rising Buy 2: 1.60 and then sell all at new Sell Limit: 2.25 Stop: 1.46 Reward to Risk: .65 + .30 = +.95...

Babu, Sometimes you have to just do nothing and let the market sort itself out (particularly before a Fed meeting). Jeff

Falcon, When you talk about "annual returns on capital" you will discover that it doesn't mean the same thing to any two traders. Why? Because lets say "Trader A" starts with a very small account ($5,000) but every trade he executes he uses $2,000 per trade (40% of his account), and...

Not holding on the weekend, sold out before profit goal achieved. (Updated excel results, finally back to my March 30, 2012 high!)

Entered new trade from older system: SPY May 140 calls Buy 1: 1.30 (filled) Sell Limit: 1.70 but if tanks before rising then Buy 2: 1.00 and new Sell Limit: 1.45 Stop: .90 R/R: .45 + .15 = +.60 -.40 + -.10 = -.50

babu, It will be interesting to see if that block of 15K July 40 call contracts moves into Open Interest tomorrow. That might prove some type of conviction in direction within the next 3 months. Otherwise, if it doesn't move into Open Interest, its fairly meaningless. Even if this...

falcon, I have made money with directional trades when the VIX was 10 to 15 range during the early to mid-part of the bull market of 2003 to 2007. When low VIX occurs, I simply adjust the the VIX parameter in my trading program and suddenly a trading system that was looking for big...

_______________________________________________ I sold out of this trade early because statistics over the last 15 years favor a bullish expiration week (updated excel results). However, I will mention that the last 2 trades before this trade (dated 4/11/2012 and 4/13/2012), both hit...

Entered a trade from the older mechanical trade systems: Bought SPY May 135 puts at 1.35 Sell Limit 1.75 (30%) Stop: 1.02 I entered at the Buy No. 2 entry price only because this is put sequence No. 10.