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  1. M

    What am I missing?

    I concur with buying of the DITM calls. Synthetically it's the same thing as buying 1000 shares of NEM and buying 10 Sept 20 puts for .10 or whatever they cost. So there is really no theta, it's just one for one with limited risk. Here's the thing you need to understand if you are buying...
  2. M

    10 Days With TopStepTrader

    Wow, TST gets rid of all performance metrics! Basically, just don't hit your stop loss. LOL. Ground Rules: I will trade only the required number of days (10 or 20 days) I will always implement stops with an open position I will only trade permitted products, during the...
  3. M

    Premium Sellers vs. Option Buyers

    Alright, let's review the numbers. In 1998 they had a 38% draw down. In 1999 they had a 18% draw down. In 2000 they had a 41% draw down. In 2001 24% draw down. In 2002 46% draw down. From 2003 to 2006 during the smooth bull market with no down days they had great returns as...
  4. M

    Premium Sellers vs. Option Buyers

    Correction here on LJM. I know the fund well. Their peak to trough was -67% in 2008!!!! And outside of that debacle they have had over four 50% + drawdowns. In other words, they have gotten slaughtered. Yes, the manager has done well for himself on the fees. But that is some massive...
  5. M

    10 Days With TopStepTrader

    Luke, do you still have that link to his journal where he claimed to be running a fund where he held a short spoos position for like 400 handles in his face like it was all part of his trading plan.
  6. M

    10 Days With TopStepTrader

    Bob Bright holds fucking trades in his face for 6 months on end. Are you REALLY going to cite him as your example for a intra-day futures trader? Good Lord. Dude, listen to me for a second. I have debated TST for God knows how long on this board. I have articulated my arguments both for...
  7. M

    10 Days With TopStepTrader

    No dude, you ARE making shit up. Either put up or shut up. This is why Baron needs to burn this place down. This site has lost whatever little credibility it ever had. Feed it to the trolls Baron.
  8. M

    10 Days With TopStepTrader

    I'm sorry, I don't speak gibberish. WHICH firm "stated" that they will replicate trades their own traders are making? Do you have any idea how stupid this is? For one, if they are "backing" the trader, all they have to do is give the trader more capital to trade. If they get 100% of their...
  9. M

    10 Days With TopStepTrader

    No, those are the number of profitable futures traders I have met over the 1000 or so I've been surrounded by. And a little fyi for ya, if you think the old kingstree traders or Jump guys are punting directional trades in futures, YOU are the one that is ignorant. I know the guys at Jump well...
  10. M

    10 Days With TopStepTrader

    This is the kind of crap fantasy that people on message boards believe along with the mythical unicorn. And what makes you think that if joe sixpack who can easily navigate his one lot in and out of crude oil that suddenly they will be able to execute at the same prices 10, 50 or 100 lots...
  11. M

    10 Days With TopStepTrader

    TST is not piggybacking. For one, they don't even ALLOW swing trading. Two, if they tried to piggyback their daytraders they would killed on commissions. Daytraders are highly erratic, even the best of them. They go through hot and cold streaks. By the time they recognized trader XYZ has a...
  12. M

    Hi Guys, I need a FX Option Trading Platform

    Well, the guy didn't give me his resume so I don't know who he is, when he is trading, what his trading style is, etc. I was simply answering a very basic question, yes you can trade currency options and they are pretty liquid. If he wants to fill in some more details, I can expand on his...
  13. M

    Hi Guys, I need a FX Option Trading Platform

    By sponsor you mean the holder? I'm referring to the "currency shares" ETF's i.e. FXY, FXB, FCX, FXE, etc. For example, look at the FXY, the Yen out in Jan 2014, a pretty illiquid month. The Jan 80 and 90 strikes which probably have a big spread trade on, have open interest of 14k and 23k...
  14. M

    Hi Guys, I need a FX Option Trading Platform

    There is plenty of liquidity there. They get arbed against other options. If you bid or offer near fair value you will get filled in a second. Besides, the Saxo platform's options are insanely wide. Even on EUR/USD. Trust me, the ETF options are pretty tight and very liquid. I've seen 10k...
  15. M

    Obama Clown Controversy

    No one seemed to mind the movie "Point Break" where the ex-presidents were robbing banks! And in our lineup here we have Nixon, Carter, Reagan and LBJ. Good movie!
  16. M

    Hi Guys, I need a FX Option Trading Platform

    Easy solution for ya. Trade the options on the FX ETFs. And you can enter all the combo spread orders you like.
  17. M

    Live Quantitative Calls

    I pasting my comments here from the other thread: Nitro, these calls are useless without risk parameters. I'm sorry, but both your threads will create no value. Instead what you should do is offer two numbers, your target touch and your knockout stop that voids the call. Let's try to shoot...
  18. M

    Live TA&PA calls

    Nitro, these calls are useless without risk parameters. I'm sorry, but both your threads will create no value. Instead what you should do is offer two numbers, your target touch and your knockout stop that voids the call. Let's try to shoot for a minimal level of credibility here. I know...
  19. M

    10 Days With TopStepTrader

    Dude, the avg McDonalds employee makes more money then most traders on ET. LOL.
  20. M

    10 Days With TopStepTrader

    Dude, these guys aren't making jack. Riddle me this, if THIS enterprise was so profitable, then why aren't 50 firms replicating this model? Yes, this is an IQ test. It's pass/fail. Better go over your final answer a few times before you post it.
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