Recent content by babutime

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    My OPTION TRADES..... part 2

    I did. I still have more to take. Once I'm done taking it, it'll feel good. Happy?
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    My OPTION TRADES..... part 2

    A new one eh? I liked the old thread. It was raw. It was the real deal. Atticus and the rest of the pros made sure it was funny too. Oh well, I'm glad to be back. I've spent most of my trading winnings on student loans. Still have a long way to go. Had some job interviews this summer...
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    My option trades

    NDX is the Nasdaq 100 Index. The QQQ is an ETF which imitates the index itself...
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    I'm thinking of getting out of pakistan.

    Move to Canada. Canada will take anyone. Just be prepared for some harsh winters. But man, I'm still surprised you're able to make that much per year just trading FOREX. Tell me your secrets and I might sponsor you LOL... EDIT: A few points that stand out here. 1. I apologize...
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    So, since index volatiliy is trading richly...

    Ha! Apologies, I forgot you were an institutional trader. I was simply implying if you had any positions not what positions. Should have made that clear. As for the date issue, you'd be surprised (I'd say a 10% chance is quite high). Girls behave like guys these days. It mostly sucks because...
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    So, since index volatiliy is trading richly...

    How far out would you go? Got any positions right now?
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    So, since index volatiliy is trading richly...

    http://www.elitetrader.com/vb/attachment.php?s=&postid=3540575 The two downward spikes are enough to wipe out any decently leveraged investor who was short straddles despite years of performance... I've traded straddles before but it's still scary!
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    Romney Looks Like the Next Pres

    Canada I don't care dude. what's your next weapon? Spamming me? Childish!
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    Trading Long Straddles

    *Too long* Stick to butterflies falcon.
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    Romney Looks Like the Next Pres

    Wow, 175 pages? All over who will be the next pres? If I were American, I'd vote Ron Paul.. BUT... he is all crazy about the gold standard and his son is a bit of a cuckoo too so no. I wouldn't want to vote Obama (even though I liked him in 08-09 in the run up to elections) because his...
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    My option trades

    Mini Maxi skirt? Wow, not sexy at all... What is wrong with girls these days... if that's the hot summer item, then this will be one boring summer...
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    My option trades

    Thanks kinggy and Don That note on position sizing on high vol env was good. I'll keep that in mind kinggy. And Don, I'll have to agree, trading the underlying is definitely better. I also feel like I have a better understanding of intra day market dynamics. I'm looking at a few things...
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    Trading Long Straddles

    We are into the 100 th page and were still discussing long straddles. you guys do realize it could make up a small book ?
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    My option trades

    Thats precisely what i did. But it was also difficult guessing direction... When the temporary reversals happened vol would drop a point or two and it would kill me. So in that respect i guess its still a vol issue
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    My option trades

    April was good for me. This month took quite a bad beating. I'm new to trading so I haven't traded in a high vol market. I typically do good with individual equities and elevated vol but I've done gawd awful this Month in the overall market. I need to position size better and I think I'll...
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