My goal is to make at least 30% per month

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it works the other way: When you ignore someone, his posts can not be see BY YOU, but he can still see and respond to your posts.
I have the "Block above member(s) totally" activated. Isn't it exactly for this (I mean for that what I previously wrote and where you made your above reply)?
 
I am not sure where that "Block above members" is, are you referring to the "People You Block or Ignore" list under your preferences?

When I want to Ignore someone, I just click on the name and click Ignore. I am not sure if there is or what the difference is between blocking and ignoring. I don't think you can make your posts invisible to someone (they could just sign up again or read the thread without signing in). Ignoring means you don't see his posts, not even when others quote him...

Anyhow, I started a thread about this in the feedback section...
 
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My goal is to make at least 30% profit per month.
I started this adventure 2016-07-05 with an IB Paper Account that is funded with $1 million USD.
It uses realtime data, and is very realistic. The orders sent thru that account go somehow directly to the orderbook (!).
I don't know how the IB folks have done it, but it's very realistic; kudos to the IB team!

I'm trading primarily options, mostly short spreads. And timeframe is just 1 to 3 weeks.

In the following postings I'll post all my trades so far.

I have still a week to go for finishing the 1st month.
I've not yet achieved my set monthly goal, but I'm hopefully that before the month ends I'll be over the 30%.

Besides TWS and API, I'm also using some additional programs of mine for analysis etc.

I'm using only limit orders.

Wish me luck! :)

There were 400 years after stock market is open in Holland.

If there is ONLY (at least) ONE person who attains annual 20% trading logic FOR THE 400 YEARS, then he (and his sons) has all asset OVER THE WORLD.
Therefore there was NO TRADING LOGIC at all for the 400 years.

However there was some evidence who attains annual 10% (or 15%) compounded over LONG TIME. As for the SHORT TIME of 50 years, Buffets showed annual 12% outperform OVER THE INDEX. With THE 12% over index for 50 years, your asset shall be 9000 times. (for example, from 30 to 80).

If there is another example, tell me now.
 
I'm selling both call and put options, both OTM. What this is called is irrelevant (strangle or straddle or spread or whatever, I think none of these is the correct term for this kind of trading)
But I know one important aspect of it: when opening the 2nd side then the margin requirement is only about (even below) the size of the credit, and that is wonderful...
And of course the risk halves, that is a mathematical fact... Of course the ratio has to be somewhat equal, ie. about 1:1... Sure professionals use the greeks: delta, vega, etc.
In the beginning I'll keep it simple stupid (ie. KISS), because it works! :)

Its called selling strangles you chode juggler, you didn't invent anything.
 
If there is ONLY (at least) ONE person who attains annual 20% trading logic FOR THE 400 YEARS, then he (and his sons) has all asset OVER THE WORLD

This is a flawed assumption assuming capacity constraints are non-existent. There is a limited pool of money in any given instrument at any given time.
 
Example: Spot=23, Strikes1=10 to 15, Strikes2=30 to 35, Yes OTM
Meaning: sell all Put strikes 10 to 15 and sell all Call strikes 30 to 35
Finding such options is an art of its own kind... (1)

then just lean back and watch, and let time-decay work for you...
and also take all bargains that pop up occassionally...
and: Friday is a good day for opening new weekly trades, because of the time-decay of the weekend...
and: frontrun the MM, ie. become a MM yourself, kind of...
and: try to invest as much as possible, but keep a reserve for being able to apply strategies/tactics.

I'm specialised on weeklys. Many people don't even know what these are...

1: if you research the archives of some months ago then you can find the underlyings I mean. They still work best for me.
You might want to do some research. There is no time delay over the weekends. The MM takes care of that on Fridays.
 
You might want to do some research. There is no time delay over the weekends. The MM takes care of that on Fridays.
(I guess you mean time-decay... :) )
I made a different experience... :)
Why should the MM do that? He can't! Because the current day is not over yet, ie. trading is still going on, so he can make "his" prices for "now" only based mainly on the current underlying spot and volatilities...
And: in an active market the MM has not much to say...
But these are different believes everybody has. I would say it's not worth discussing...
Suffice to say that I'm making most of my opening trades on Fridays, and later on Monday and Tuesday just adjusting if necessary or if there are better prices available (very seldom)...
 
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There were 400 years after stock market is open in Holland.

If there is ONLY (at least) ONE person who attains annual 20% trading logic FOR THE 400 YEARS, then he (and his sons) has all asset OVER THE WORLD.
Therefore there was NO TRADING LOGIC at all for the 400 years.

However there was some evidence who attains annual 10% (or 15%) compounded over LONG TIME. As for the SHORT TIME of 50 years, Buffets showed annual 12% outperform OVER THE INDEX. With THE 12% over index for 50 years, your asset shall be 9000 times. (for example, from 30 to 80).

If there is another example, tell me now.
Listed and regulated options exist only since about 1973 in the US... :)
And we are talking about options trading here...
The method I use is applicable of course only if there are buyers. I think it is easily applicable for an asset of say up to estimated about 1B if one uses only the US market.
 
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