Howard
From my position - I just don't see how things add up.
Let's deconstruct your comments one at a time and using your order, because they represent partial representations of what I have tried to communicate. I say try to communicate, because some of the confusion involves answers I posted specifically in response to your questions. Obviously, my responses did not register (probably my fault) so I'll give it another try.
You are in pre-production mode, small size, yet are somehow compounding? Let's say you trade 1 option on each side - how do you compound that without doubling your size? How do you get the funds to double your size if your trades yield .2% of your account size?
For some time now, I have been in pre-production on weeklies only. In rereading part of the thread, I'm mystified by how I communicated the wrong impression. I tried to make clear that with weeklies in pre-production, I was still able to boost my December performance by two percentage points. I have no understanding of how the idea that my entire account was in pre-production registered with you.
I provided, at your request, a breakdown of weeklies, monthly and quarterlies vs. the indexes I trade. And I pointed out that I trade on a 60 day cycle for monthlies.
I provided, at your request, a breakdown of how I earn more than two credits per series with rolling.
On top of this, you are speaking with the lawyers of a charity because you want to give them your profits which are sizeable. Are you a billionaire & your pre-production mode/small size runs to thousands of contracts?
Did my notes above clear this up for you?
Then - we have an individual spread that yields .2% of your account size. You trade 2 spreads per index per month - or 6 spreads, plus weeklies. If .2% is your average return, how are you making 10% of your account size every month? How did you suffer a 30% drawdown (presumably of account size) in a month?
With rolling happening at the rate shown in the table that I provided at your request, you will note that there are far more spreads per monthly series than just two.
Furthermore, monthlies are on a 60 day cycle. Therefore I am in two series at the same time for the same index.
Lastly, when you asked me about the 30% loss on funds at risk on the one spread and you asked me how that effected my month, clearly there was no 30% draw down in my account. How did you come to that conclusion?
as a teacher, you appear to be obfuscating something that is supremely simple - the amount you risk, the amount you earn and the profits you make.
I have not intentionally obfuscated anything. I've been asked the same question over and over again and have tried to answer it differently rather than louder. I you discover an inconsistency, point it out and I'll clear it up.
I have been reporting every close since I started this thread. Show me where your summaries have any resemblance of what I have reported contemporaneously. I report facts, so it should be able to reconcile.
Every time I think I get it, you throw another spanner in the works and I am back to scratching my head.
Review your questions to me and the answers I gave. That should clear up some of the things you stated that are not correct. If I have not been clear, show me where and I'll fix it.
I am not accusing you of lying - I am just saying I can't relate your per-trade returns to your total account returns, your ability to compound, your pre-production size & the army of lawyers figuring out how to give these huge sums of money to charity.
When my wife exaggerates to this level, I respond that "I've asked you a billion times not to do that." I'm sure you get my point.
No army of lawyers, just one in the firm that represents the charity. He will need to consult another on some issues. Huge is in the eyes of the beholder. The lawyers are needed not for the size but because of some special circumstances.
In summary, you are usually much more careful with your "facts" in your posts. Perhaps you just had a bad day. I'm not offended. Let's get the confusion cleared up.
