Hi,PS W4 setups are just that: SETUPS. There is no guarantee they will turn into great profits. It is of most importance that you have a trade plan before you open position. Having exit points when things go wrong saves you money. Adjustment poin...

Hi...Thanks so much. I'm glad you got a better sales price than I did. You just never know.I too enjoyed myself. Last night I had to go back to Tokkuri Tei again for dinner. I am looking forward to coming back down here again. Maybe I can get her...

hello rob,my question is once we have created a trade in platinum on a particular day,how do we track that particular trade until expiration. in other words how do we come to know whether it is making proft or loss.

Doug,This is not my trade. Remember that I only write the bonus trade for the Channel Trader publication.All the best,Peter

Scott,Would it be possible to box off a spread that began as a BWB?Hypothetically, intial BWB:+1 680 put-2 650 put+1 570 putWhen index nears 665, purchase second BWB:+1 650 put-2 630 put+1 570 putThis would result in the following inventory:+1 680 pu...

There will not be a VIX in Platinum.The reasons why are discussed herehttp://www.optionetics.com/forums/topic.asp?fid=10&id=39327We cannot compute VIX option IVs or Percent to Double or Risk Graphs.There is no Option ModelThere is no clear underlying...

Could you tell me how to view a chart of vix and vxn on optionetics.Thanks ed

Perfect!Thank you,,,,David BTW...love those videos. Updated by NewbieDavid on 8/19/08 5:37 AM

Hi guys ,talking about using the walkthru i did that and i was quite happy with whati saw,but what i noticed with profile source is some of the wave4 prompt that says buy after you pic a trade and it goes the wrong way the next day you dont see that...

Peter,I against my better judgement placed this trade which the broker billed me for 3 seperate legs which they are looking into... we'll see. My question is the update said to place the order to sell the 2 vertical spreads (150-165) with a GTC order...

Hi Rob,I just wanted to thank you for the great class and your help with all my questions. I look forward to seeing you again probably at OASIS next year. Best regards,Doug

The close function can be used to closeany leg in a trade. You dont delete legs. You add new closing legs as done in Close Trade. So bring your collar into the functionand close out only the legs you desire.To close a short put assignedyou are cor...

Paper trading is essential for almost anyone. Medical students do not start carving up patients like a Thanksgiving day turkey. Instead they practice on cadavers. They practice sutures on dead animals and chickens. The same mistakes they learn from b...

As one student who had the same problem and lost 55% of his trading account in less than two years, I suggest you stop live trading. Back-test 100 trades of the same kind i.e. W4 Buy, and expect to have 20%-25% success rate. Look at successful trad...

Andre - How's it going, were you able to check out any Van Tharp or similar approaches? Clare

This document shows the 2011 leap schedulehttps://www.cboe.org/publish/InfoCir/IC08-082.pdfJanuary Cycle Classes:Monday, September 15, 2008 -- 2011 LEAPs begin trading for January cycle option classes.February Cycle Classes:Monday, October 13, 2008 -...

I closed out the Avon position for $.35. I will put the explanation in the Wednesday update for the publications.Best wishes,Peter

DEBBIE and dave.Thanks so much for your kind words which are far from justified but I will take them anyway as I suffer from low self-esteem. One of these days Alex, Greg and I will finally get around to finishing the materials so I know what I am go...

Hi Ken, I would also be interested in a copy (jasondnell@gmail.com). Many Thanks, Jason

hi Alex its marian here, i have hat lot of failed trades with my profit source for the last 2months i would like to know what i did wrong. eg i bought lots of wave4 trade that went the exact opposit and i have lot quite some money in the proces...

Hi Ken Can you please also send me a copy of the scans. Thanks Gary golsen@live.com.au

Could someone who has these screen shots send me a copy also? I will be eternally grateful, especially if the system has a reasonable sucess rate. Thanks. johnadams@mensa.org.au

I'm not kidding at all...I would easily go $.75 to protect $2.50...and do it regularly.Regards,Peter

PeterI hope you're kidding. Every Optionetics class I've ever attended talks about rolling up your puts if you can do so for no more than a $1.25 - $1.30 on a $ 5 strike and no more than .60 or .65 for a $2.50 strike. I've been to 2 days, ICT, ITT, M...

Are you doing any of the free seminars in the West this fall... Portland? Seattle? Spokane? We loved listening to you at the Money Show in San Francisco but couldn't stay for the 2 hour seminar. Thanks