That is the basis of the insurance plan I am working on.
Exactly! :cool:
I find managing credit spreads easier than some people fear, but more risky than many gurus tell you when selling their seminar. My focus is...
I find hedging as a management tool dissatisfying. It attempts to make a deteriorating situation less deteriorating. It may work for some, but...
My trading unit is a credit spread. I treat an Iron Condor as an artifact with the benefits of adding the companion spread with no additional...
[IMG] In spite the recent jump in volatility, causing me to exit some positions at a loss, Feb 2011 turned out to be my best month trading real...
[IMG] [IMG]
Exposing my trading journal in this forum comes pretty close to the psychological burden. :) I've stuck closer to my rules then I might have...
I wonder if the recent quakes in NZ and the recent floods in Australia may change a few evaluations.
You think it is lack of confidence that a strategy may sometimes lose money. Hmmm. You think it is lack of confidence that losing money may...
OMG
I'm not a big fan, however if not for facebook, I would only get a narrow view of my kids and grandkids interests, passions and activities....
Time decay is the mechanism, management is the edge. There are two sides to management. One is taking advantage of opportunities and the other is...
Is that you on Facebook? Ninna Lepwa seems an uncommon name.
There are thousands of sites that describe the scenarios you suggest regarding vertical spreads. I'd start my search on "credit spreads" as they...
Just like the holy grail in the traditional sense, it is frequently what the seeker defines it to be.
Sounds like you need richer friends. :D
Many of the pundits here warned me that a jump in volatility would cause me pain, and it did. But wait... February will still be my best month...
I have been asked but will not manage other people's money. If I screw up I only have myself and my wife to answer to. If I manage a friend's...
Unless you serve this population every day, as my wife does, you are speaking from ignorance.
Separate names with a comma.