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Mark,
Mark Brown wrote:
> Hello John,
>
> JM> Good question Mark. How do you manage trades that have gone against you? Do
> JM> you use tight stops, sell covered calls (ugh), buy puts(ugh,ugh), offset the
> JM> trade in another market?
>
> none of the above i am a seller of naked premium, yes the the guy who
> puts up his house as collateral to gain a bicycle as it has been
> described by some. i do trade actual futures also but i only
> implement selling option premium when the trade has exceeded its 75%
> percentile average largest profitable outlier get it? 99% don't and
Outlier: Extreme deviation from the mean?
I do not understand what you said you are doing. So as a humble inhabitor of the
1%, I would appreciate more of an explanation. I am somewhat opaque, so if you talk
in code or opacity, I'll not be informed. And I am curious.
Dan
>
> thats ok with me, i am satisfied that at least i did disclose what i
> do. if everyone did get it then it would not work. m
>
> JM> John Manasco
>
> ps of the three items you mentioned above only one is what some pros
> do use which really facilitates the liquidity of the markets. guess
> which?
> --
> Best regards,
> Mark Brown mailto:markbrown@xxxxxxxxxxxxx
> Y = Offset + Amplitude * sin(Frequency * X)
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