Recent content by rjs1956

My philosophy is "take what the market will give". Less turns out to be more.

That makes sense. 5-day trades with no overlap.

The closing debits columns for the winning weeks all show $0.00. There must have been a cost to close out the trades a day early?

"Here is an example of the first 6 months of 2015 results. 41% gain for 6 months even with starting out with a 5% loss on the first trade of the year. This was done with $15,000 starting capital and reinvesting the capital each week." I studied this in more detail. You were doing 20-point...

I did do some intra-day testing by obtaining 15 minute intervals from TD Ameritrade. I was able to get like a year or 2 of data. I looked at probabilities for each interval and found that 10 AM was among the best. My logic, like yours, uses the intra-day highs and lows to determine if a trade...

Your gains seem to be in line with what my back testing shows is possible. It's great to hear confirmation.

Thanks for the detail. I see in your spreadsheet you use an adjustment value for VIX. When I do back-testing on the most recent 40 weeks for all short-term holding period combinations the logic computes an adjustment to conform to a 90% success rate (stopped out, vs short strike breach). I then...

Can you share your yearly return percentages? What percentage of your account do you commit to each trade? I am doing 35% per week. There is a few days of overlap.

Here is a portion of my app that displays a chart of the most recent 40 week for 7 day trades using the 10 am SPX price and VXST. The black lines are the 90% rang. The aqua is the actual range. The vertical lines are stop-outs. A red vertical is a stop-out that would have settled ITM...

Here are the spreads IC's I did which expired today. Last Thursday I opened: SPXW 2370/2375 2495/2500 IC @ $0.30 Yesterday I opened: SPXW 2385/2390 2455/2460 IC @ $0.30 Also yesterday I opened for expiration next Friday: SPXW 2365/2370 2480/2485 IC @ $0.30 My program is written in Java using...

This is awesome! I have been working on something very similar. I am using the VXST as I focus on trades 9 days and less which the VXST represents. VIX is for 30 days out.

Thanks. I will be browsing the articles.

I agree 100%. The phrase "Doctor heal thyself" comes to mind. Maybe someday someone will offer a free educational service based on their successful strategy that left them so wealthy they don't need subscription fees.

This is a general opinion question. I am always wondering why gurus charge for "membership" in order to participate in their trading system. The nagging question for me always is - if the system were good the guru should be independently wealthy and therefore not need to charge for memberships...