Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Short-dated Options/trend
In Response To: Re: Short-dated Options ()

I try not to criticise other people's trading methods, as natural selection decides what works for whom and how.

There must be a million and one ways to make money and 10 million ways to lose it in this game, but I only talk about "flyers" in the context of the occasional trade in options.

Put it another way, the occasions when I can pick up a minimum priced option on terms I like are so rare that I easily trade futures over options well over 90% of the time. I'll write options against the underlying held when it suits me as well, but I don't write naked options on anything except futures where I don't mind being long/short at a certain strike. I never write stock or currency options as it is damned expensive for me to get out of it if it goes t!ts up on me, as so many option trades do.

If I'm to lose, I will lose the minimum. If I occasionally gain, I like to make a stack in one go, not just 50%-100% like many option traders are interested in.

At present, I have no option positions open whatsoever for instance!

The charts all seem to be saying a breakdown in Euros is going to happen, but with all those sovereign bids out there, I'm wondering how soon, or does the downside selling of the crosses by US banks peter out after the beginning of this week?

Let's make money, and do the best we can. I do agree with Coral that preservation of one's bankroll is of paramount importance, even as I don't believe in trading breakouts.

Messages In This Thread

Re: Short-dated Options/trend