Hometown: Indianapolis (Warren Township)
May 25, 2010
Equity Options, Forex, Futures, High Probability equity option structures
Since 2004 Actively
Strategy ideas, what works, what's not working. Spread the infection that when you approach the markets Strategically and from a logical quantitative perspective, you will succeed at and achieve your financial goals. Getting yourself out of your own way will be the largest barrier to making this a reality for you personally. You don't need a "professional" to do this for you, once you are willing to accept full responsibility for your own financial decisions. Quit blaming the fed, the markets, the market maker, automated computer trading, etc. The only person to blame and receive credit for your own future is always waiting to look back at you from the other side of the mirror.
The Bid and Ask were blown out during the Financial Collapse of 2008, and my directional debit trades stopped working. Floor Professionals call this "Wide Markets" I contacted Jimmie and some others and asked if anyone in another group that met once a month would be interested in getting together during the trading day,... say one or two times a month and talk about what's working and what isn't ? The rest is history.
Yes, yes, no guarantees, I get it. ....and some of this won't work for anyone and a few will always find a way to lose it all, even when others have back-tested and used the same system successfully moving forward.
Leon's 2nd Corollary of Trading: The market will do at any one time, that which will absolutely terrify the most market participants. If you have the right strategy, this can comfort you as an opportunity instead of making you just feel uneasy.
Nothin' beats Dancin' like Doin', GTC