Quote from Ansare:
Assuming RTH means regular trading hours, I still can't answer that question. I trade only /SI and as you probably know it's 8:25 until 13:25 but have no idea what % of time I'm in the market. If I had to make a reasonable guess it's 25-50% but that's the best I can do.
And, no, I am certainly not all in at any one time. Shit happens and I don't plan on getting wiped out because of the proverbial swan. Congrats to you and anyone else who feels comfortable enough to do that.
When I hear the word correlated I think in terms of the product vs /ES or SPY. If that's what you mean then, yes, there is certainly some correlation. But I don't think that's what your asking.
Should have known, Jack, when you ask questions you ask QUESTIONS. 
Thank you for your response; I appreciate it.
Since I am older and have traded for over 1/2 a century, how the market works is familiar to me.
The swan that was thought up recently by someone has always been my greatest money velocity opportunity. To be holding positions to have the opportunity fits in parallel with all other kinds of opportunities.
It all boiled down to always being on the correct side of the market.
I have given all the reversals I do specific names as a result of their characterisitics. There is a finite spectrum of possibilities so it was not difficult to complete the list of names.
Trading for me is just taking profit segment after profit segment. I only use 94% of my capital as a consequence of the price volatility in a given trend volatility (all in a leveraged context).
I trade on a hold/reversal basis which is very different than the entry/exit style that is common. My orientation is right/left.
Handle, quite nicely, explained how he has trained his employees to do their jobs. From what I understand they are sidelined right after taking profits and they wait until the briefest of reversals has or has not occurred, then they take positions for the remaining part of a developing trend move.
I have 7 names for that first part of what is next after taking profits at the end of a trend. Two of these 7 have a couple of varients each. One has one varient.
After that, when a full trend develops there are 10 pathways that develop one after another and each is mutually exclusive.
It is like a train going down a mainline and coming to a series of sidings (10). Some of these freight yards have more space for box cars than others. The engineer always knows what to do by reading the signals that his team of track operators are providing for him.
The path for turning the CW's Balck Swan into a great opportunity comes mostly from learning how the market operates with news, planned and unplanned. The most instructive is the regulator announcements made during RTH. A lot of people suffer from this practice of the regulators. But it does yeild four what CW calls set ups.
By digesting how to have the opportuity to make money on news announcements, it sets a trader up for learning how to win for black swans.
I really do not admire people who think up stuff like black swans and then not present the solution as well. My solution was in effect before the black swan got its name.
So far, it has not been possible to go back and forth with regulators on my having the right to make money and then give it away to those who need money. I felt it was under the umbrella of NFP's but I have to use other's NFP's and they not have to explain what is going on.
the great divide in making money or doing the CW level of performance is the mathematics that underlies the plan and the strategy. The CW orientation precipitated black swans for the CW oriented traders.
For me, A black swan is a price move that is going very rapidly from the RTL towards and exapnding the LTL.
