Search results

PSSST. Dude, you're spoiling my game here - I about had him ready to bet! Maaaan... you and I could have gone halfsies and Rocked. His. Shit. I'd have even picked up the bar tab. :rolleyes:

I think I heard of someone else doing that recently... Oh, yeah, right. :D:D:D

And the one time that it doesn't stop out, the chances of it also going 100 ticks in the other direction are basically non-existent. If that doesn't make you see it yet, try @ES with a 1 tick stop and a target at $1M. Still think this is going to "break even"?

Nope. The "strategy" of believing that all dumb strategies "are break even eventually" is a guaranteed loser. Big clue: “Markets can stay irrational longer than you can stay solvent.” -- J.M. Keynes

Put your money where your mouth is. Say, $1k per strategy. I promise, I'll stop after the first 100.

That's a common misconception. Which is odd, because a one-second thought experiment would tell you that. There's an infinite number of ways to do something wrong, and usually only one (or just a few) ways to do it right. So, "reversing" a bad approach is almost certain to result in another bad...

"I've rented a building, hired a bunch of staff, paid for a business license, and put up signs - but I don't have any idea of what I'm going to do to make money. Why isn't my business profitable? I've tried everything!" Unless you have a trading plan/strategy with positive expectancy, why would...

Easy way to remember: you've sold someone the right to put stock to you. On the other side, you've sold the right to have them call stock away from you.

Unrelated debate. We humans have various pronouns; garbage is covered by "it".

In this case, the protected class is "lying scumbag pretending to be a human woman"; lesbians have nothing to do with this. Keep up.

We're not supposed to talk about Members of a Protected Class like that.

Anyone who has bothered to read my journal, or look at the early questions in my posting history would know that without the slightest doubt. In fact, there was a number of times when @destriero helped me out of my terminal confusion about options in those days - for which I will always be...

Christ on a pogo stick... the implied compliment is very pleasant, of course, but that's ridiculous beyond all belief. I'd have had to start decades earlier to even come close to dest's knowledge, and I doubt that I could ever get to his level of skill. Not trying to dissuade any morons from...

Good grief, is this @M.W. thing stupid enough to open its trap about me again? You'd have thought that it would learn from past experiences, but I guess masochism has its own logic.

There's a story from Poland about Mongolians invading and sacking a city because they shot the guard who was supposed to raise the alarm from 600 meters. On horseback. Through a small window in a tower. That one's a bit difficult to credit, but the Mongolians also kept records of their...

Mongol archers: "hold my kumis (fermented horse milk)..." :) I wouldn't be too surprised to find out that Yabusame had roots in the Mongolian horseback archery tradition. These guys reach 500+ meters, and the world record holder - not Mongolian himself, but using a Mongolian bow - went to 566.83m.

I didn't realize you needed a screen for your activities - you seem like the type who's already well versed in high-speed reciprocating attachments, auto-erotic asphyxiation, and small animals bound with duct tape. Unfortunately, I can't give you any advice - I like human women, which means you...

Banks were originally heavily protected, secure repositories with their primary mission being prevention of loss. Now, people got so used to that being the case that they take that aspect for granted, and think that they get that part automatically and for free - so they're willing to rely on...

JFYI: having non-equal wings reduces your total buying power by the larger spread - you could have more "for free" by selling a little more credit on the narrow side. But that's just me kibitzing; presumably, your strat represents your market view accurately, so - good luck with it! :)

Actually, no. I may not have been as clear as I thought I was, so let me try again. For most option trades, stops don't make sense - they knock out all possibility of mean reversion in vol and/or price; certainly for risk-def strategies or anything where the max loss is consistent with your...