From $60K to $600K

Maverick1 said:
Dest, congrats on your success. You had mentioned elsewhere that you couldn't do what you do in options in other areas like futures. Do you believe an edge is possible in short term futures trading (intraday or swing)?
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Intraday is possible, but not at a frequency exceeding say, 10-15 RTs. I don't have any numbers on it. Swing trading? Absolutely. But then I can improve (in vol) any swing trading method taken in futures. Structurally, I mean.
 
Small pre-Fed vol-position in AAPL. Short 8D per contract in the JUN28 series.
 

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guru said:
This is very impressive. I'm not sure if I'm subscribing to all the related threads, or possibly I should search your past posts on ET, but just wondering in general if you are strictly day trading and closing all trades by EOD, or also swing trading?
And/or are you utilizing a style of trading that is mostly systematic (TA or price-action), or you just have a good feel for the market and the news, and have a good feel where things are going? Or all of it?
And do you trade only large caps and futures?
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Shit, just found your other thread and 've missed all the fun. See you've mastered options like no one else I've seen. Mesmerizing.
 
Up $13. That's right.

I wanted to get it going, but I can't take any exposure in front of the Fed. I will be fading upside today, tomorrow, but not fading downside.

The AAPL trade was a directional signal taken in vol.

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Worked a long SPX JUN21/JUN26 2x diagonal. Short 50D on the position. I worked it as the news was hitting the tape. Good fill. Up $100 or so marked. I'll post a pic at the end of the day with marked PNL and tickers.
 
can't wait for the dest fund to have a independently audited track record published.

however since he stated that he doesn't need the money i hope he still intends to go professional.
 
I'm utilizing half of the buying power. Lost a $1 + comms in a DB short that I don't want in there. Otherwise all positions remain open. Up over a grand, marked, so I'm not going to add here. Also, I'll add the only risk parameter which is no more than 50% utilization.

I pay $0.50 per contract for eq vol. I don't know what my futures rate is (off-hand), but I won't be trading futs in this mIRA or equity shorts.

Gain of $1,043 marked.

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