Recent content by graydrake

sorry, my example is more like selling tuna and selling salmon, you make a shilling or two on both. it is true that the %'s are unlikely to be exactly the same on both sides as in my example. My primary strategy is to pick the bull side or the bear side, however, many times I have gone on both...

monster Assume you feel a particular ticker will be flat to the next exp date (36 days out) and it is trading at 100. You sell a 92 put for a price that is 15% of your margin requirement, and additionally you sell a call at 108 for 15% of your margin requirement. If the ticker closes...

I have posted a couple times here that the most important ingredient in any traders arsenal is tracking performance of a rigid set of rules. This delivers a known need to revise or a confidence to pursue trading tomorrow. My strategy works well, but the number of candidates is limited...

QUIT When your strategy is recorded, is being followed completely, involves at least 100 trades, its results are measured, it is failing and you have no idea how to make an improvement. Einstein -" Insanity is taking the same action tomorrow and you did today, and expecting different results."...

I had unsubscribed to this thread and had not seen this response before today While it is true that a long and short position on a single ticker with the same strike and expiration accomplishes nothing except running up commissions, there are many long short trade combinations that are used by...

Journals are a requirement for traders, however, if you are not recording p/l data for trades within your system AND p/l data for trades outside your system you are missing the most essential ingredient in a journal. First you must have a clearly defined strategy that is rigid, so recorded data...

Robbert Still struggling to navigate Trade2win. Got an email re: your response, but could not find your post on the site. I know nothing of zulu. All the strategies I use, I have developed. I have a few 1000 hours in them now, they are working, so there is a very low probability I will...

I too have created a number of mechanical systems, that have been successfully back tested over 30 years. The problem is with the process; Create rules, back test fails Revision 1, back test fails Revsion 2, back test fails Revision 3, back tast fails etc etc etc Revision 17 (or 117), back...

Owl By the way I had a screech owl nesting in one of my wood duck houses last year. These are wild wood ducks, I live on a river in Western Michigan, USA. I do not keep track of the numbers you referenced. I do, however, track every trade based on the annualized return and the annualized...

"Huh?"

I have pursued technically based auto trading and have given up. I now trade only options in the US markets, and my basis for using a multi-indicator approact is as follows: Assume you have scoured the lists of tickers and have selected two with identical chart - Ticker A and Ticker B...

The basis of the strategy is to allign all the indicators in your direction. This produces a higher probability of success than entering when only some of the indicators are pointing in your direction. The market whether propped or authentic is an indicator. Fundamentals regardless of the...

For some reason an earlier response does not show up here. So bare with a repeat if you have already gotten it. I do not use a mechacal system, but the rules are rigid, particularly for entry. I do not have draw down data, but on an annual basis, I have never gone negative. Since the...

I am leaving town for a few days and only have a minute to respond. I am looking for 4 or 5 passioinate traders to persue this system, not to develop it, but to trade it. This is a selfish pursuit on my part, only because I need more candidates that meet the rules. 905 of the time, I have...

Billy The reason for my silence on this thread is that there have been very few responses. I was hoping to get a few more, prior to going over the details. Is there a process here to get a little more activity on a specific thrread? If I could get 4 or 5 with interest I would get started. Drake