|
PureBytes Links
Trading Reference Links
|
Hello
I have been long sp since 1/4/1998
(and roll over every quarter,,
I only enter long when the market is EXTREMELY overbought or extremely
oversold
example entered TODAY on nd 4 big ones and already sold 2 at the close
and sold 4 put at a loss and net 71% of the move
now still long 2 but enter a real stop (even in the night session ) for 13
points under the close,,
(in bad years I make 750 points net in good years 1500 points for 4 big
NASDAQ or 4 big sp500
nice evening
Ben
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: "profitok" <profitok@xxxxxxxxxxxxx>
Sent: Wednesday, January 23, 2002 11:20 AM
Subject: RE: Crazy Cassandra
> In choppy markets, you'll get crushed because the market won't move enough
> to make up for the premiums on your puts.....
> or you will sell the puts, only to be reversed without the protection.
>
> Still, it is an interesting thing to backtest........to see the longterm
> results.
>
>
> > -----Original Message-----
> > From: profitok [mailto:profitok@xxxxxxxxxxxxx]
> > Sent: Wednesday, January 23, 2002 10:20 AM
> > To: prosys@xxxxxxxxxxxxxxxx
> > Subject: Re: Crazy Cassandra
> >
> >
> > Hello
> >
> > I have been doing it for years
> >
> > when I go long 4 sp500 big contract say at 1110
> > I buy the march 1105 puts at the same time
> > and when sp close above 1130 ,, the trend obviously is now up so
I
> > sell to a loss all 4 puts and close 2 of my long sp500,,
> > NET I receive 76% of the move,,
> > but,, sleep like a baby because my max dd is only 20 points,,
> > max profit unlimited
> > Ben
> > ----- Original Message -----
> > From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
> > To: "Omega-List" <omega-list@xxxxxxxxxx>
> > Sent: Wednesday, January 23, 2002 8:42 AM
> > Subject: Crazy Cassandra
> >
> >
> > > Here's an EOD system that bases the stop loss using the latest
> > neural-net
> > > technology, genetic algorithms, etc, etc, blah, blah, blah,....
> > > Current Long the S&P 500. Check out the stop loss setting !!!
> > > Anyone willing to risk $25,000 per trade ?
> > >
> > >
> > >
> >
>
>
|