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Simple. I tell people that I produce and direct BDSM videos. Normally, nobody asks any questions.

Most calendars/rolls will have very little volatility (e.g. equity index futures, precious metals or FX). Unless you have specific trading strategies that target term structure or roll pressures, it's hard to find alpha there.

Most futures trade on spot basis and calendar spreads only trade when it's time to roll. Why do you specifically care about calendar spreads?

Except when he does not, of course. Adverse selection is a real thing and there are plenty of shops that discovered how it feels.

She's cute and somewhat funny. The fact that any trading video that does not have pretty chicks gets any views is beyond me. It's not like these videos actually have useful information in them.

I like being manipulated by pretty women, especially in cases where there is literally no downside as long as I don't invest with them :)

I think if you have experience in the industry, backers are easier to find. If you just starting, though, i think angel money for a company is easier to come by.

Dude, you are being childish. I know you love fancy models but you also have to understand that practical applications do not require them most of the time. Like any futures, VIX futures contract is a martingale under Q measure. So you totally can use Black76 model to price and risk-manage...

Not to sound dismissive, but it's pretty clear that my "limited experience" is not as limited as yours. Years in the market are important, granted, but it's the understanding of both the fundamentals and the details that differentiates wannabes from the real players. For example, I would bet...

She's much prettier than other "trading stars" on YouTube, so that works for me! Of course, I can't say much about her actual trading :D

In my limited experience, no single strategy works forever. Markets change (both technology and the players), you get competitors who are just as good or better and finally, people whose lunch you were eating wake up and modify their process. So I have to call bullshit on the "holy grail set of...

In that cause you should be able to use Black76 as a model unless you're doing something fancy like trying to extract relative value.

While the stock pays dividends outright, the calls will be cheapened by the sum of the dividends to expiration. Unless you are looking at some special cases, options and underlying are roughly equivalent in terms of dividends. If anything, there might be some positive tax considerations to...

For exact details of specific algos you can and should look at the brokers materials, but you need to understand what they are talking about. Harris book is dated, of course, but it's required reading before you can move to understanding what is what in the modern trading scene. Barry Johnsons...

Exactly that. We back a fair number of new(ish) traders, mostly guys running systematic or "process-driven" strategies. It's a process, a lot of questions to be answered and a lot of concerns to be addressed. I'd venture about 5 out of 10 people we talk to have no alpha and get weeded out right...

It happens in EM markets all the time, cash constrains is one of well-known systematic drivers.

It's not a fair comparison because in the options market there is an ability to hedge using the underlying while in the world of "bets" there is nothing like that. Hedging only makes sense if you can do size that's relevant to your net risk. My understanding is that predictit has a 1k limit or...

I never actually get to the execution stage :D

Over a hundred percent! I have a side gig as a gigolo and that's not going well at all :(

So every market maker is a “foolish trader”?