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At some point, yes - I'm quite interested in them thanks to @bone (once you get a taste for derivatives, it's hard to go back.) But not for quite a while yet; I want to get really familiar and competent with the instrument itself - futures - before I get to anything more complex. Having said...

@Fmann151 - yep, this is where it starts. I'll be recording my futures trades and my thought process here, both to keep myself accountable and to share whatever I discover in the hope that it'll be useful to others. Been trading options for almost a year now, and have learned one amazing hell of...

See, that's the problem with text-only media: getting context across is hard. I thought that what I wrote was absolutely clear - and it's obviously not. I have zero problem with being honest about my struggles, and being embarrassed while I'm learning is a completely alien concept to me. I've...

Thanks! Wherever it ends up, it's going to be a fun, crazy ride.

I have no idea why I didn't do this - start a futures journal - before. ...OK, I lied. As soon as I wrote the above, I realized that I do indeed know the reason - and I know it from experience with my other journal: it's because, as soon as I start documenting what I do, I lose the option of...

This. Is. AWESOME! I've saved it, will re-read again and again, and will start implementing it the moment the markets open again. Got a huge amount of immediate value out of it right away, in that you put actual numbers and specifics on it: 4+ weeks in sim, 5 MYM, etc. Also: yes, I'm committed...

Hey, @sstheo - following and quietly cheering for you, as always. Do you have any suggestions on learning how to trade futures? I've been trying for a couple of months now, but without a consistent idea of what to look for, I'm not doing much more than taking random guesses (well... I'm...

Hey, @TheBigShort - don't know if you've seen this FactSet report, but it seems pretty interesting and relevant. https://www.factset.com/hubfs/Resources%20Section/Research%20Desk/Earnings%20Insight/EarningsInsight_011020.pdf

Wrong. It doesn't have to bounce, either quickly or slowly, and there's no averaging involved whatsoever. What it relies on is the ticker not going down over the long term. I.e., it's a technique for the bullish market: something I've already made clear. Which is true for every single trade -...

It's possible to make up any kind of numbers that "show" a loss. In reality, at least in my experience so far, assignment is very rare - if you don't want to be assigned, just roll it out for a credit. As it happens, I prefer selling puts to covered calls, so that's mostly what I do. Haven't...

Again, please take a careful look at the risk/return ratio. People are willing to take it on for $1+ a day, but not for half of that. That's why I cited SPY and IWM. They - obviously - don't. There are also companies that have been around for a long, long time and have been paying dividends...

"No need for DDX, doctor; the problem is staring us right in the face..." :) As it happens, I co-host a group on Telegram that focuses on wheeling. If you're interested, PM me and I'll send you an invite. Lots of great info and good people there. If it's such a great deal, what are the...

Could you define that "one strategy", please? Covered calls are, of course, equivalent to naked puts - but what do you see as a continuous set of trades you can keep executing if ALL you're doing is selling calls (where you'll end up progressively shorter in the stock as you get assigned) or...

That's not a hypothetical example; it's a perfectly reasonable distribution of expected gains and losses at trade entry. All initial trade entries have, at best, zero expected value. If they didn't, everyone in the market would pile into whatever trade had positive EV and instantly arbitrage it...

https://en.wikipedia.org/wiki/Kylin_(operating_system) Note stated goal: "Development of Kylin began in 2001, when the National University of Defense Technology was assigned the mission of developing an operating system under the 863 Program intended to make China independent of foreign...

The only benefactor you need is someone who'll sneak up on you and switch your setup from sim to live when you're not looking. Then you'll make a few million with zero stress and be happy forever after. :)

Vol is coming back in... but. I've let my former clients $convince me$ to come teach a couple of Big Data classes for them. Not only do I have to go off gallivanting to two remote locations for a week apiece, I also have to set my Trading Brain aside and turn on my Big Data Brain (the info sets...

Let me add my congrats to the list. Huzzah! :)

Hehe. Give me that "old man" crap, and I'll take an axe handle to your colon! (That was cool. Larry Fine, what a trip!)