Elitethink, you mean that if you went far enough OTM, for say a 3% profit, they would not consistenly expire worthless. Especially if you opened...
Here is my strategy outline so far If VIX is lower than 20, use iron condors, if over that only use cal spreads, and if over 27.5 dont put on...
Falconview, I dont think I saw any non spread positions in the MCTO trades. Also, what about the idea of only doing the call spreads. I know we...
Wayne, that is correct, only if you go far enough OTM, you will win way more than 60% of the time. this is assuming you are looking for returns...
doesn't that just show that if there are less downs than ups, but the net is down, the average of the downs is higher than the ups. Doesn't that...
falconview, check out these stats you might find interesting. 10 years I believe of the SPY from expiration to expiration up down and by how much....
Falconview, yes there are multiple positions, mainly RUT, OEX and SPY. As the month progresses, they alter the stike positions of new positions,...
Hi Falconview, somehow my forum reminder was not working, I thought you were not talking much these days! I guess I was wrong. This month I had...
Falconview, I have been doing many of them lately ndx spy rut oex iwm, just playing with many of them for now. The newsletters seem to mainly...
Falconview, that is why you learn on the paper money. Learn from those mistakes and when we get a system down, we should print out the criteria,...
Regalsecurities, Thanks, that is much more like it, Michael
TJ, I meant the key to not losing as much money when the market starts to go against you. So far the spreads are still working well. 4.7 and...
Maybe a traders rehab home, inexpensive as most dont have much money left! Michael
Yes, those early adjustments are the key.
Falconview, what happened, did the heat get to you First example bought for 4.40, sold for 4.10 you tell me if you made money or not Second...
falconview, I dont recall ever looking at further out numbers. If the return is higher, and you start one every month, the length of time really...
Falconview, now you are really thinking! This week I am sitting down with my firends patient who got me thinking about the whole index credit...
looking forward to hearing how the real cash changes your way of thinking, if at all. Good man. I am not ready yet for any cash. Michael
falconview, so how ould you allocate funds for each trade if say you have $100,000 in your account to use? I know this is inportant part of cash...
Falconview, No kidding that was a great week. You should set up a document to start saving the totals. Will make it a lot easier to see if a few...
Separate names with a comma.