A well meaning follower at @GreeksPoint asked me this and I'm sure others will have the same question.

How much return on margin can I make using your #GammaScalping Webinar?

Great question and thanks for it. Here are some thoughts.

One of the primary goals when @alok_dharia and I started running Webinars at @Greekspoint was to educate and share our experiences with others.

But in addition we wanted to ensure that we present a quantifiable representation of our learnings.

In all our Webinars we have attempted to put quantifiable metrics out regarding the ideas discussed.

A number of them show positive profitable expectancy but we have tried to also include testing results that show a strategy doesn't work.

Although each of the strategies we have discussed can be rolled into a trading syatem.

We have deliberately tried to stay away from presenting a full trading system.

Why you might ask?

All backtests have well defined rules and assumptions that are mentioned in the presentation for each.

However, a trading syatem needs several other inputs that are specific to each trader.

A few factors that go into a full trading system.

- Total Trading Risk Capital
- Personal tolerance for drawdowns
- Risk per trade
- Allocation to sub-strategies within the overall trading plan

All of these and other questions will have very specific answers for each individual.

More importantly, this is an aspect of discovery that a trader needs to go through.


Yes, Discovery!

Expectations of what might be tolerable in terms of drawdowns will definitely get challenged when your trading account actually goes through it.

I have seen Traders claim they are fine with 30% drawdown but get completely uncomfortable when even 10% is hit.
So even though the strategies we discuss have statistical results mentioned, the performance in a trading setup will be determined by your own #TradingPlan.


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Aug 3, 2019
The next two weeks will be about holding fort to attempt getting past the trading errors of this week.

Bad trades, bad decisions.

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The first thing is to get back to the basics and put things straight.

The simple things go out of whack with these bad decisions.


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Previously shared this on a closed WhatsApp group of friends.


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This is the biggest attraction for traders new to #optionstrading

This is also how a lot of options trading trainers sell to their prospective clients on the effectiveness of their #optionstrading systems.

But this high win rate comes at a cost.

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As simply as this.

Using options over Futures doesn't allow you any additional edge in your directional Trade.

The Market doesn't pay for choice of traded instrument when the trader idea is Directional move of underlying.

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2018 Year in Review - The Personal Edition.

Met some fantastic traders and thought leaders.

You know who you are.


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February and November were the best.

September the worst.


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"Volatility as an Instrument of Truth"

- Chris Cole (@artemisVol)
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Ring a bell for the Indian markets?
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