shillllihs
6,045 posts
msg #142296
- Ignore shillllihs
modified |
2/16/2018 7:57:43 PM
I think vmax vman or something like that plus the first pays 9% dividend something. Look into it.
|
four
5,087 posts
msg #142302
- Ignore four
modified |
2/16/2018 11:27:11 PM
sandjco
--Easier to trade with trend. Luck versus skill will be known when trend changes and system still works or doesn't
--What is the system? Taking profits or pyramiding up?
--Calculators
perhaps... just found this
https://www.hoadley.net/options/calculators.htm
|
four
5,087 posts
msg #142303
- Ignore four
modified |
2/16/2018 11:51:17 PM
http://www.tradingtoday.com/black-scholes
https://www.optionsanimal.com/using-implied-volatility-determine-expected-range-stock/
|
sandjco
648 posts
msg #142308
- Ignore sandjco |
2/17/2018 8:15:15 AM
@four and shills...
As always, thank you for your feedback!
RE: skills will show when the trend changes..and systems will or won't...
so true! XIV comes to mind for me. system didn't account for a black swan event, my lack of knowledge didn't anticipate it, my gut had alarm bells ringing...and system forced me to stay with the allotted size which limited the damage. Mac's XIV chart with Guppies is burned in my head!
thanks for the links four; the info is making my head spin ;=P
BTW, is VXX (like XIV) getting closed out as well? XIV was with CS but VXX is with iPath...
Cheers! with so many stocks rebounding....guess a lot of ppl or waiting for the next set up.
|
four
5,087 posts
msg #142314
- Ignore four
modified |
2/17/2018 1:03:07 PM
"BTW, is VXX (like XIV) getting closed out as well? XIV was with CS but VXX is with iPath.."
--
The prospectus is here:
http://www.ipathetn.com/US/16/en/documentation.app?instrumentId=259118&documentId=6204338
|
sandjco
648 posts
msg #142326
- Ignore sandjco |
2/18/2018 11:40:21 AM
Thanks four! btw...thanks for posting your screenshots; they make me think!
With SPY poking above EMA50...will it continue or will it correct. My mind thinks...don't know; don't care. Let the action dictate the next trade to either pyramid up or go short.
|
four
5,087 posts
msg #142327
- Ignore four |
2/18/2018 12:09:38 PM
1. Welcome
2. The strategy is what it is... if you enter, hold, add, subtract or exit with the charts and then subjectively override these points then that is your strategy.
Obviously, it does make it difficult to back-test and duplicate the strategy, however.
|
sandjco
648 posts
msg #142332
- Ignore sandjco |
2/18/2018 1:46:38 PM
What you said is starting to make sense and what TRO said sometime ago on why it is an "art".
|
four
5,087 posts
msg #142333
- Ignore four
modified |
2/18/2018 1:55:39 PM
This definition of art:
1 : skill acquired by experience, study, or observation
https://www.merriam-webster.com/dictionary/art
--
This definition of technique
2b : a method of accomplishing a desired aim
https://www.merriam-webster.com/dictionary/technique
|
sandjco
648 posts
msg #142339
- Ignore sandjco |
2/18/2018 4:41:41 PM
ergo...when the technique and art are in harmony...one can just trade regardless of the noise and direction.
i think...that is what i understand and that is what i see to be able to understand.
|