Recent content by Braddock

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    Pension Funds Selling Puts

    Pension funds and other retirement funds shouldn't even be invested in equities, but because morons have embraced globalism (falsely masquerading as free trade), we have policies like zirp to make tbonds and other "saving" vehicles worthless along with QE to cause massive price inflation in...
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    writing put and calls

    Like any market order it has to be filled. Have you ever seen any trade on stocks, forex or futures that did not need to be filled for it to become an open position for you? File this under "questions you should already know the answer to if you're thinking about writing options"...
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    Peer<==>Peer Drive Sharing

    If you want to start a service like the one mentioned in the OP you would be competing with uber, lyft and a number of copycat services that exist but you've never heard of (and they do exist, believe it or not). Uber/Lyft both provide drivers with I think $1M in liability coverage in addition...
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    Stop Loss Calculation

    Technically you are, and you're both denying that you are and not making a very compelling case for your position. Uh-huh. Sure you do. You're right, I am being destructive to arrogant people who spew bad advice as if it is gospel, because I'd rather not see people lose money and make...
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    Peer<==>Peer Drive Sharing

    From my original message: "Not that you couldn't overcome these issues with some creativity, but to dismiss the middle-man as being completely useless is also not a realistic assessment." I am a programmer, a sysadmin, a proficient advertiser, entrepreneur, investor...not to brag, but I've been...
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    Covered Calls and Implied Volatility

    Great! He gave us all permission to trade as we wish. Such gracious benevolence!
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    Stop Loss Calculation

    The tone is entirely in your head. This is plain text communication; there is no "tone". You may be mistaking my confidence in knowing that I am right in what I said vs your belief that you are. An unwillingness to argue is either admission that you really don't know what you're saying or...
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    Covered Calls and Implied Volatility

    There's no straw men, unless you call simple logic a "straw man". Standard deviation is not a rule, it's just an estimation of how likely a stock is to hit a certain price according to the probabilities outlined by normal distribution. You'd have to calculate what 1 std deviation is yourself on...
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    Stop Loss Calculation

    It's not a pissing contest, it's a debate - an exchange of information from differing points of view, and it's the only way all sides are able to improve their methods.
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    Peer<==>Peer Drive Sharing

    Who is going to pay for that server's bandwidth, maintenance and administration? Who is going to develop the app, maintain it, patch it for security holes, promote it, etc? Where does the legal liability fall when you have people renting personal cars out whose personal insurance does not...
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    Stop Loss Calculation

    Stops for short term or swing trades is what fools do. It's boiler plate terrible advice that gets regurgitated by wannabes on forums like this...probably people trading $500 accounts or play accounts thinking they're the next warren buffet. If you're trading and you're using stops, you're...
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    Covered Calls and Implied Volatility

    Correct. It's far cheaper to write puts than it is to buy a stock, sell a call and then pay margin interest on the stock plus additional commissions if your stock is called away. By selling puts you can avoid assignment quite easily by choosing a strike >1 STD deviation away from current price...
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    Stop Loss Calculation

    This is overall bad advice because if you condition yourself to use stops inappropriately, as is the case for most short term traders, your stops can be triggered by a whipsaw or intraday noise causing you to take a loss unnecessarily. Unless you're planning to buy and hold, a strategy that...
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    Homelessness in Hawaii

    There are those who blindly trust whatever is reported as "news" because they lack the ability top engage in critical thinking or reasoning. Do you proclaim that the news is unbiased, objective, and complete?
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    Homelessness in Hawaii

    I'd urge you to stop citing a Canadian corporate-owned newspaper as a valid, objective source of information about the "homeless situation" in Hawaii...but I'll give you credit for calling it a "story" and not a "report", because it is in fact a story.
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