Range Controlled Geometry

Quote from PHOENIX TRADING:

I agree it's very unwise to post entries/exits that are easily reverse engineered, that's why I don't post them.

However

If you are actually trading both systems in the same account but not reporting all of your returns then your journal is a complete fiction.

That's why for any credibility you need to post total account value changes, gain , loss , funds removed /added for proper returns calculations.
do you have an excel or report format you recommend to other traders? And could you post it so it can be copied?
 
Quote from Spectre2007:

if price stays around entry price, obviously the long straddle fails.

- buy high sell low (microstructure)

if price breaks away, he reverses and adds as it continues to break away..there is huge edge, the edge is that price needs to travel.

What? He added and then scaled out, but only in hindsight. The huge caveat is that he only mentioned the scale-out after he stated he was "out" 190 pips from the initial entry. If that's not complete BS then Madoff is a Saint.

This is no way resembles a straddle.
 
its seems like hes only posting 1 acct trades..I cant see how he could make money without straddling.

acct 1:

entry 50% short add 25% short off 25% off 25% off 25%


acct 2:

entry 50% long add 25% long add 25% long


..acct 2 left to ride.. cant see any other way hes making money..

straddling with 2 accts.

his cumulative acct balance doesnt register positive till the first 25% is taken off

hes short 50% long 100%

next round

hes short 25% long 100%

next round

hes short 0% long 100%
 
Quote from atticus:

What? He added and then scaled out, but only in hindsight. The huge caveat is that he only mentioned the scale-out after he stated he was "out" 190 pips from the initial entry. If that's not complete BS then Madoff is a Saint.

This is no way resembles a straddle.

I concur. What he was doing did not replicate a straddle. He was adding and taking off while it was moving in the same direction. Not even Madoff would try to pass that off with a straight face.
 
Quote from Spectre2007:

its seems like hes only posting 1 acct trades..I cant see how he could make money without straddling.

acct 1:

entry 50% short add 25% short off 25% off 25% off 25%


acct 2:

entry 50% long add 25% long add 25% long


..acct 2 left to ride.. cant see any other way hes making money..

straddling with 2 accts.

his cumulative acct balance doesnt register positive till the first 25% is taken off

hes short 50% long 100%

next round

hes short 25% long 100%

next round

hes short 0% long 100%

You stated "long straddle" not "straddling" two accounts.
 
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