The ACD Method

[Maverick74]

Do you add to position as it goes in the money and take off position as approaches stop, in other words use multiple contracts ?

Nope.

 

[trilogic]

Nope.

interesting, I am reading some Ralph Vince portfolio management book, and he is all about optimal f and position size, however he is much into "system" trading"

 

[Maverick74]

I got a confirm last week on ES. I think she is going to at least test the 1920 area. A lot of charts out there look really nice. Lot of strong stuff. The market does NOT look toppy. Vix looks like it wants to flirt with single digits again.

Pure attention grabbing on my part here...but we pretty much hit this QTR A up today at 1920. We popped 60 handles after my ES 30 day confirm.

 

[Maverick74]

interesting, I am reading some Ralph Vince portfolio management book, and he is all about optimal f and position size, however he is much into "system" trading"

I rather add a new position then a new layer to an existing position. New positions are fresh signals and they have the same synthetic benefit as adding risk. I don't walk on water though so take that into account....

 

[trilogic]

I rather add a new position then a new layer to an existing position. New positions are fresh signals and they have the same synthetic benefit as adding risk. I don't walk on water though so take that into account....

Ha yea... but that is a great point.

 

[ammo]

Ammo so here is a chart of es with 10 period average true range, obviously contracting.

thanks king, have you paired that with anything for a tell, like against the vix ,have never used it, maybe and end of move ind when it turns ?

 

[kinggyppo]

thanks king, have you paired that with anything for a tell, like against the vix ,have never used it, maybe and end of move ind when it turns ?

you could look at vvix the vol of vol if you will,,,

 

[kinggyppo]

Mav can you comment on the latest ECB rate hike when you get a minute, curious as to how you see this affecting US equities, thanks....

 

[ammo]

just curious, can you guys get number lines in uncharted territory.today and yest new highs but narrow ranges

 

[cdcaveman]

All time low vix..