I have no issue with backtesting, but even if you did backtest the past 12 years, it wouldn't prepare you for, and would most likely mislead you because of the level of volatilty we have had for the past two-three months and what is expected for the next few.
Out of curiosity, when you have 20 trades and cumulative profit of $193, that includes commissions?
If so, what platform are you using and what are the commissions per trade?
I'm not sure how large your position is, but I'm not in a position to be giving advice. You need to figure out if the cost of purchasing the put and selling the call is worth it. Take into account the commissions involved and the required return on the trade to bring you to breakeven, but I'm...
The payout is exactly the same.
The reason you don't see any put options in your bull call spread is because you aren't owning the underlying. If you don't own the underlying there is no need to buy a put.
When purchasing your call for the "bull call spread", which is being finance by the...
Ok, that does make sense. I was under the impression that the dates being the same was a given, but now you've helped me a bit too, so thanks.
Good luck with your trade, make sure you know the payoff structure you get into before making you trade.
Vertical collar is the same name as bull call spread, which is the sometimes just called a collar. The naming conventions of option strategies are rediculous and simply cause confusion, what matters is the payoff.
As Richard Feynman sums up about a particular type of bird; you can know the...
Position length will be determined as the trade progresses, I could enter a trade based on my analysis, but things could happen that could make me change my view. Ya know, when things change, things change.
Do you have any thoughts on how to code support and resistamce? I have data for the commodities/indicies/currencies dating back as far as bloomberg goes.
A little more insight to my strategy: I'm not a day trader and im not trying to locate intraday s/r levels, i dont know if thay helps at...
Thanks for the response.
I'll have to see if they offer a trial. I don't want to start paying for a subscription that I may not be able to use (because of my lack of programming knowledge).