BLOG
Announcement: New Gold Membership
We are pleased to announce the roll out of our new Gold Membership at Capital Discussions. The new Gold Membership will be in effect on Friday, June 26, 2015 at 4:30pm Eastern Time.
We will always have the core part of our community be free. The Gold Membership adds enhancements to the core features. We are using a participation model. There are two ways to get a Gold Membership:
- Participate in the Capital Discussions community as
- A trading group leader or trading group assistant leader
- A Round Table speaker in the last six months
- A subscriber to any of our experts
- An active one-on-one mentoring student
- Pay a small fee to contribute financially to keep the web site running.
($12.50 per month or $125.00 per year)
REPLAY: Round Table with Ricardo Saenz de Heredia
Amy Meissner updated her Weirdor trade results and showed how she changes her window to trigger adjustments. Amy answered questions about the Weirdor trade and showed how it's low draw downs have a superior equity growth chart.Amy reviewed her Weirdor trade performance, how her window expands for adjusting over time and answered questions.
Learn more about Amy's Weirdor alert service.
Enjoy the replay!
REPLAY: Round Table with John Locke
Amy Meissner updated her Weirdor trade results and showed how she changes her window to trigger adjustments. Amy answered questions about the Weirdor trade and showed how it's low draw downs have a superior equity growth chart.Amy reviewed her Weirdor trade performance, how her window expands for adjusting over time and answered questions.
Learn more about Amy's Weirdor alert service.
Enjoy the replay!
REPLAY: Round Table with Amy Meissner
Amy Meissner updated her Weirdor trade results and showed how she changes her window to trigger adjustments. Amy answered questions about the Weirdor trade and showed how it's low draw downs have a superior equity growth chart.Amy reviewed her Weirdor trade performance, how her window expands for adjusting over time and answered questions.
Learn more about Amy's Weirdor alert service.
Enjoy the replay!
REPLAY: Round Table with Bill Ghauri
Bill Ghauri presented “The VIX Sniper”. Bill showed how he makes his trading decisions using the VIX and technical analysis. Bill reviewed his recent trades and how he uses risk and money management to get such a great Expectancy.
Learn more about Bill's Alpha service here.
Enjoy the replay!
Alexa Rankings Scoreboard
We just added a new scoreboard for Alexa rankings for option related web sites. The scoreboard only includes web sites with an Alexa ranking under 4,000,000. The scores are similar to golf: lower is better.
See the current scoreboard
The scoreboard is updated every six hours
A Trade I Like…
>
Have you seen option gurus writing articles or doing videos about trades that they like? A typical article might mention how high or low the VIX is and present a possible trade, including strikes, credits/debits, margin, risk and perhaps even break evens.
Do people put these trades on?
Unfortunately yes.
While trade ideas are interesting, they are seldom actionable for several reasons:
Market Analysis for May 4, 2015
Jerry Furst from Traders Education Network hosted the meeting. Jerry reviewed his outlook for the markets, including the upcoming economic events. Himanshu Raval agreed with Jerry's assessment of the SPX and RUT. Near the end of the session, Jerry demonstrated how he uses the spread finder in OptionVue and talked about repairing a long put position that is in trouble.
New Tool: Option Position Sizer
I've been following Bill Ghauri's Alpha Alerts‘s short put and call trades on SPX and doing very well. I really like the simple approach of selling options similar to a directional trader but also getting a trading edge with volatility and time decay.
A few years ago, I created a Naked Option Margin Calculator that's been very popular. One thing that calculator doesn't do is help you decide how many contracts to sell.
How do you know how to size your option trade?
Two key principles all traders should be aware of are risk and money management. Directional traders like to keep the risk of any one trade to 1% to 2% of the total portfolio. This helps avoid blowing out your account.
Option Traders Generally Don't Use Fractional Risk
REPLAY: QuantyCarlo Education on April 28, 2015
Larry Richards, from QuantyCarlo, walked through a trade scenario by establishing a baseline for the trade and then starting to build a trading plan within QuantyCarlo software.
Enjoy the replay!