Improve Win Rate without Predicting or Timing

Getting both direction and timing right is very difficult. Most traders have a win rate between 35% and 45%. Even consistently profitable traders are typically wrong more than half of the time. What does that mean for you? If you are like a lot of traders, you may think that your win rate is the biggest problem you need to … Read More

Rhino Backtesting Report

Since releasing the Rhino options strategy last week, the number one topic of conversation is related to our 10-year study. Options traders are excited to see that rules which generated a strong profit in the 2008 bear market are also effective for runaway bull markets in later years. This type of out-of-sample data is very encouraging and one of the reasons the … Read More

Experience the Culture that Produces 7-figure Traders

  The best learning experience that you can have as a trader is to sit face-to-face and shoulder-to-shoulder with successful pro traders. Imagine listening to the words that traders use to describe the setups and live trades they are in. This is how you learn to speak the language of a profitable trader. Think about seeing the way traders follow … Read More

Quant Webinar Replay

In our first SMB Quant webinar, Jeff Holden introduced us to the processes used by traders at our firm to build models in CloudQuant (CQ). Watch the webinar replay and stay tuned for the next SMB Quant webinar hosted by desk trader, @andrewfalde Register here for updates about SMB Quant

How To Build Systems That Are Less Likely To Break

In the Options and Systems Workshop, we are discussing ways to improve the reliability of our trading. Three main themes of our weekly meetings include … Contrasting edges (e.g. expansion and reversion trades on at the same time) True diversification of exposure (low correlation of fundamental drivers)  Stress testing instead of optimizing (try to break strategies until you can’t — … Read More

TOTD- Simple S&P Scalp

It’s time for the Futures Desk Trade of The Day! Have you guys noticed one of the key themes of most of the TOTD’s from our desk? For me it’s that the trades are not rocket science, and in fact they are quite simple. The key things I see in the posts so far as I study our own traders … Read More

Build a Better Options Trading Plan

The exercise of building an options trading plan is a very unique breed of business planning. We’ve found over the years that many options traders have career backgrounds as professionals or business owners. Traders with backgrounds like these often bring some of their old business planning tactics into their options trading plan. There are pros and cons to this. Pros … Read More

Traders call this a “frustrating” trading month

If you asked me to search my e-mails and chats for the word most used to describe trading this month it would be: “frustrating”. One trader wrote in an end-of-day review, “Very frustrating day for me due to finishing this red after most of the ideas were working in the AM.” Another trader wrote in his Daily Report Card, “definitely feeling a … Read More