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I am very happy with their service as well. Money transfer - in my case from and to Europe - works without any problem. The Gain tool is not perfect for option sellers, but Carley does everything necessary to compensate this issue.
I would caution against using n=1 as an indication to "prove" call selling works. A trading system is the sum of thousands of trades. If you have positive expectancy after 21 trades, maybe you're on to something, but then you also have to determine how the strategy will behave in different regimes.
There is consistent risk premium on the put side of the major stock index futures, but there is not nearly as much premium on the call side. The only way I've seen call spread selling work consistently is if it's combined with put spread sales (to form an Iron Condor). That being said, you have to understand how to manage your upside gamma risk. Everyone always assumes when they put on an iron condor that a crash down is what they have to worry about when in reality it's the upside gamma risk.
I was just posting the results nothing more. I can see that the outcome of put selling is more successful than call selling for ES futures(in this market).
Can you please explain yourself in regards to gamma and its importance in the selling futures? may be an example.
There's been a lot of discussions around process and methods but one area that I wanted to talk about was psychology. One of the biggest things that gets to me and probably always will is the fear of being completely wiped out. A sudden drop or a long trend down that shows no sign of stopping. Yes the methods discussed here can stand a large drop or even a consistent drop up to a point but by then a lot of money has been lost. Now, some threads and blogs say to invest without margin, at least there's comfort in knowing you own an asset that may eventually come back. Others have said to simply eat your loss and move one. No matter what the method I wanted to see how people on this thread deal with the fear, the nerves, paranoia, and manage the constant stream of "what ifs" playing out in your mind?
