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If something you are doing is not fun, you cannot do it well. Not only is your action wise, but I admire your willingness to make it public.

I was not walking on the treadmill for an extended period because of an ankle injury (falling on ice). I still stood at my desk, but did not have the treadmill running. There was no detectable difference in trading results. :)

Nearly ALL of the credit spreads are paired with a companion to form an IC within a short amount of time. So if the PUT spread takes a serious hit, the CALL spread will be at or near its maximum return. The market "popping back up" is not part of the strategy. If the capital at risk is showing a...

Are you still paper trading or is any of this commentary dealing with money at risk?

I only committed 20% of my investment pot to this strategy. I can afford to lose it and not materially affect my life style. Most of the pain would be to my ego. It's been reported here as outrageously large. :D A trading system is made up of two key components; the strategy and the trader...

Your qualifications to make that judgment are what? It would not offend me if you said "I believe ..."

Why do you believe that a wipe out is the other side of your binary choices? Testing experience indicates otherwise. Testing has its limitations, but I find it hard to conclude that this dichotomy is one of them.

Did you mean that or did you mean to reference an IC? The purpose of the thought experiment was to illustrate the use of a stop loss with a similar risk/reward profile as used as a premise by others. Nothing more. Nothing less.

It is difficult to focus on content when the presenter starts out his exposition with an insult. I would not recommend this approach to others. Suppose you were about to do your boss a solid and warn him that something he was doing was dangerous. Would you start out by calling him clueless. I...

Belittling a student is never a good pedagogy and not to be respected. Your post shows little evidence that you have read anything about my risk management methods. Some of your posts have been useful to me, and I will miss that. I never miss posts consisting of all attitude with zero...

No added value in post worth a response.

What I am doing is definitely not a magic bullet. You are preaching to the choir with your example. If you read my summary of results earlier in the thread you can get an idea of my win/loss ratio using my entry rules, management rules and stop loss rules. As of tonight I have two more...

falconview, I rewrite my posts two to four times to organize the development of a thought and attempt to communicate it successfully. A well know person who's name I cannot recall was asked how long it would take to prepare a speech. He asked the requester how long the speech was to be...

Thought experiment... An admitted amateur who knows very little about effective back testing fails in his efforts. Another who has done back testing thinks he has been successful with it. A little thread gazing or a question may have revealed that this person has an exceptionally advanced...

Thought experiment... I buy a stock for $100. I will sell it if it reaches $110. So I have a potential of a $10 gain and a $100 loss. The discerning reader my suggest that I will not let the stock price go to zero before buying it back so my risk/reward ratio may not really be 10:1...

My most common blooper is an unforced error. I lose focus and start to enter trades "automatically" and only find that I messed up when I enter the trade in my journal.

I use a voice activated digital voice recorder when I can't keep up with journaling and bookkeeping. Transcribe after market closes.

Revert to mean. In several contexts. :D

Hmmm. My take is that atticus won't read what Howard has answered about risk. I leave it as an exercise to the reader to ascribe motives.

This is a disappointing post from you. Although premised by your "simple guy" persona, you go on to state things as if your conclusions are authoritative. I'll give you the benefit of the doubt that you do not intend the certainty your tone implies. Many of your premises are false, (more on...