I've been profitable for 16 years and found backtesting simply an exercise in endowment theory-the best back test is to try and break your system....
Not interested really- if FX made people rich we'd hear about it-99% are hopefuls who lose £6-10k before giving up-and yes backtesting DOES...
Say you pay 50 for the long option and get 20 for the sold(short) near month option you are owed 30,so at expiry you'd hope your sold option goes...
I find TT entertaining and thought provoking- as usual do your own research,and of course back testing is nonsense-it's why 95% of traders fail....
this article is garbage- I have seen Nick Leeson talk about this in a big public 'own up' and his position was not that bad when he left and told...
I have a problem figuring out a good exit from my profitable trades-but my trading improved the day I stopped messing with calls-they are toxic to...
I thought this was Elite Trader not Elite idiot- I'm outa here
I have no idea what you are on about Xenomorph but don't waste your time -go trade and make a few million
How are they predators? ToS is a brilliant platform not even available to us in the UK- Cottle is a genius, Tom and Tony are the...
I agree they are terrible traders but the show is light infotainment- I have challenged their research team on a few issues and they are open to...
All trading carries risk and it takes time to get comfortable with your own risk profile but options give flexibility-futures are just win or...
Just for fun- I no longer trade calls,but if I was short some calls,I'd buy a call spread turning the trade into a ratio spread-example you are...
I love Tasty Trade-it is quirky and fun-here in the UK option traders are practically viewed as lepers because we are the only people who make...
you may be a directional trader who doesn't care about anything,you either take the prices ... or not, and ultimately that is what it boils down...
No- it's income so the threshold remains the same and the rates are income tax rates. You can use CGT rules if it's simply a matter of buying an...
I use the greeks to estimate what will happen to my positions when, or if 'X' happens and for comparitive pricing. Options are complicated and...
I have traded UK (FTSE) options since '99 and I am self employed so I have the usual thresholds. I also took on some PAYE work which is no problem...
Any of these studies that fails to use real trading is less than worthless- it's insulting to those of use who trade the real markets. Academics...
here's the kicker: If a trading strategy has a positive expectation, then the use of initial stops will only serve to degrade performance.
Aparently not-I make good profits and cannot give away my mentorship-just about everyone's approach to trading is destined to fail -aftwer 16...
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