Recent content by gollybegully

well i already taught myself the basics, and I've learned other languages (javascript) so I think it's feasable. But i checked that link and it didnt work.

Thanks to everybody that contributed. Definately got the full range of opinions from it's priceless to it's a useless fad, which I appreciate. Alot of sensible advice out there. What I think I'm going to do is go for a Graduate Certificate in Financial Engineering from Stevens in Hoboken...

yes, but a meritocracy is no help if you cant get in the first place. To rephrase my question, how will an MBA in Finc. Eng. from a city college be viewed by employers?

is it worth anything? I just graduated with a finance B.A. , and I'm already feeling burned because of my massive debts, and my school's inability to get me any kind of contacts. Would it be worth to throw on another 20 grand of debt and invest another year? To be specific: what would...

Carl, Thanks for the book links. I'm reading the sample book right now. Can you give me an example on the box spread scenario below?

Hmm, got it. thanks great info. One more question: is it possible that the gain from the rise in the stock is greater than the loss from closing the collar in "adverse" conditions? or is that a zero sum kinda deal?

OOooh so you're saying if the stock goes up, then I would lose money in order to buy back my call, as well as lose money by closing out the put. Duh, of course. So unless the underlying rises and then drops, there's no way to "adjust" the position without losing money correct?

Somebody please explain to me why my understanding of these collars is flawed.... The way I see it, isn't it possible to buy a stock with a very tight stop loss, and if the stock rises just put on a collar and keep adjusting it so it doesn't cap your profit but at the same time prevents...

I am looking for a good play money simulator to trade futures. I have tried about 10 and none were what i was looking for. Some only allowed to trade about a dozen contracts, others simulated the quotes! I just want a good way of learning and testing my ideas without putting in money.