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Eudamon Trade the trends ( short ones ) I like that idea and trading against the crowd. As an amateur that is what I´ve evolved to so far. One of the problem things I find, is with just a $10,000 account, the rules about not being allowed to trade more than 4 trades in 5 days. I...

It has taken me years of trial and error to learn the above comment. The sucker amateur advertising is so well established, leading people down the garden path. I more or less as a small amateur, figured that direction and volatililty was the thing to making money, just confirmed recently...

Well Howard´s system is too convoluted for me to figure out. I can appreciate an end of month account balance report though and just skip the ins and outs of what he is doing. For me, the account balance on any given day, or end of month is fine. I´m more curious if he has...

Everybody, particularly the pro´s are wondering if Howard has a method that works. I don´t understand his bar chart either. Did he just lose 20% or so of his account balance in March? Which would not have been a bad case scenario and how was that possible?

Sort of slightly interesting but not much! One of the Caribbean lists I belong to, was talking about the USA baseball season starting, so I presume this conversation is to do with that? I kind of deleted it with all the cricket playoffs as not interesting. Now trading method ROI...

Butler, Kentucy topic. Are we talking about that classic movie GONE WITH THE WIND?

Albatross I´d be curious how you trade futures. Been looking up the EMINI but havent really found anything much to do with it and it does not come up on my trading chart two programs I use. Got any suggestions where to go, to learn more? I do follow the 30 min. E Mini chart from the...

Well since Howard is gone? I vote we keep this thread open for more effective things, like successful trading systems? All the old timer, RUDE and CRUDE are on on here. Accepting that, we can move ahead. Albatross I get you are trading E Mini´s.? I took a brief look at it, but...

tds551 FINALLY! Some sanity in the comments. I agree, let Howard do his thing. I know his idea of selling his experience is also an old one, and another snake oil operation joining hundreds on the internet, rubs the old timers the wrong way. Still, let the buyer beware! It´s part of...

Albatross Thankyou very kindly. I guess I had the idea. Just was not used to thinking in tick terms, not trading ES. I have been thinking in SPY 1 point moves and had more or less figured all that stuff out, but while I tried to apply the knowledge to my trading, the ticks were too small...

You guys got that right. i don´t have more than a light acqaintance with what you are talking about. Now if you are a multimillionaire trader you can throw barbs I guess. Lot of smart people, such as mentioned by somebody on here, like Nobel Prize mathematics winners went broke in the...

The OTM on the skew. Okay, I plead ignorance. Want to clarify this in laymans lingo :D

Tos maybe 20 min. delayed yet for me. Still I looked at the SPY 130 strike spread between bid and ask. Normally it is 1 cent. This morning the CALLS were 2 cent spread and the PUTS were 3 cent spread. This is probably telling me something as to direction of the market, but not sure yet?

Well I looked at the SPY this opening. Nothing much to compare as the market is basically neutral. However I did run the SPY 129 strike delta and volatilities across the option chain and also the SPY 130 strike implied volatility across the option chain, with an OTM and the ITM. They were...

For example you would want to be LONG if OTM money call volatility is cheap and equivalent long PUT ITM volatility was cheap. There is something profound in here about an insight, but can´t quite put my finger on it yet. Lets see, look at volatility on same line premiums for Calls...

Atticus Oh Wow! You just confused the heck out of me again now. I´m sitting here pondering things and I realize now, that selling the PUTS and buying the CALLS was actually a directional UP MARKET move trade. Not a STRADDLE. I can put it in imagery from my playing earlier this...

Oh sheesh! Arabian Nights is in the million dollar ball park, doing WHAT? Some ticks on the E Mini´s? Talk about Pavlov´s dog. You got me salivating. Forgive my stupidness. But what is a TICK on the E Mini? I do use the E mini to watch market direction, but do not trade it. I...

Atticus I just realized you DID NOT buy a CALL and PUT. But you made money on selling premium on the PUT. So you would have had a direction figured and the DELTA neutral then gave you the edge. Aaahhh! The penny drops ( I think? ) It was a directional trade. The question then...

Atticus I´m pondering your very kind revealing contribution. From a crusty old experienced old fella like you, I do appreciate your kindness for an amateur. I theeenk I get it? Essentially you are talking a STRADDLE. I did trade that a few times last year in 2010 trying to see what...

Wow Atticus! I get the glimmer of what you are saying and explaining. Thankyou! Not sure I can actually visualize it. But will consider it in the weeks ahead. It´s a bit like trying to catch smoke. I do know now where to find your explanation when I´m ready to explore it more fully...