"So isn't your argument that all successful traders are lucky?"
No I am not saying that... all I am saying is in this strategy you need the
Pair to remain within a band.
For the first 12 months of your strategy it seems it has .. but IF a Huge surge happens! you will take a long time to recover and then ROI will not look so good
I do understand you are selling time But you still need the the pair to BEHAVE!
My other concern is Just like Covered Calls the monthly returns to newstarts may seem very lucrative.. and they may be lulled in to a false sense of security ...but what happens when things go wrong!
So again no disrespect to you but I think either a longer back test or a longer forward test will explore this strategy further warts and all
BY the way since the strategy needs the underlying to remain within 2 strike distances isn't Iron Condor a better thing.. at least you can sleep at night
No I am not saying that... all I am saying is in this strategy you need the
Pair to remain within a band.
For the first 12 months of your strategy it seems it has .. but IF a Huge surge happens! you will take a long time to recover and then ROI will not look so good
I do understand you are selling time But you still need the the pair to BEHAVE!
My other concern is Just like Covered Calls the monthly returns to newstarts may seem very lucrative.. and they may be lulled in to a false sense of security ...but what happens when things go wrong!
So again no disrespect to you but I think either a longer back test or a longer forward test will explore this strategy further warts and all
BY the way since the strategy needs the underlying to remain within 2 strike distances isn't Iron Condor a better thing.. at least you can sleep at night