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  1. M

    Trayvon Martin’s Involvement In Local Burglaries Covered Up By Media, School, Police,

    Guys, just a heads up here, you are getting played big time. Trend Lover is a dude and not foreign. This guy is playing you. It's against my ethos to put anyone on ignore so simply stop responding to his posts.
  2. M

    Questions about credit spreads!!! Help me!

    I understand that you are just playing devil's advocate here but let me respond to this. That statement is not technically not true as written. If your position acts favorably to you then selling is easier then buying. If your position does not act favorably then it becomes considerably more...
  3. M

    Trend Following Is Dead

    I've followed Taylor for years but to be honest with you Surf, I don't think he is a trend follower by the classical definition. Let me explain. Taylor is a hardcore believer in the Austrian school of economics. He tends to make "macro" predictions and then use the principles of trend...
  4. M

    Trend Following Is Dead

    Surf, this makes absolutely no sense to me. The currencies markets have arguably had the best trends in years this year with the breakdown in the Yen complex. How are these guys not killing it? This is the biggest move in the dollar/yen in what, two decades? I'm starting to think a lot of...
  5. M

    Questions about credit spreads!!! Help me!

    Oh man, see articles like this is why you should not allow academics to write articles about things they don't actually trade themselves. Let me offer a "trader's" perspective why it can appear on paper that premium sellers do better in statistical studies. As I stated before, the mathematics...
  6. M

    Questions about credit spreads!!! Help me!

    Sorry, I wasn't trying to be a dick. Options are priced the same whether they are bought or sold. So there is no edge to selling them over buying them. Think of it this way, a Las Vegas sports book puts out a line on the Pats/Giants game. They set the line at Pats -3. Let's say it's widely...
  7. M

    Fooled by Taleb

    It's a "little" bit more complicated then that. LOL. This is a controlled experiment you offered. You have the coin, you know it's fair and you know exactly the outcome possibilities. In the real world, you have thousands of coins you are flipping. You don't know if they are fair and you...
  8. M

    Questions about credit spreads!!! Help me!

    Ignore this post completely.
  9. M

    Questions about credit spreads!!! Help me!

    Probably 80% options and 20% futures.
  10. M

    Questions about credit spreads!!! Help me!

    Best advice is don't. ALL option strategies are zero sum. It does not matter if you buy or sell or combine 100 different legs. In order to gain a positive expectancy you need to be right on direction and magnitude or on vol. You cannot simply arbitrarily sell credit spreads and make money...
  11. M

    Now Steven Cohen is charged... why ever read another Market Wizard book?

    You will never have an answer to that question. Steve Cohen has traded for 3 decades, maybe more. Nobody has ever questioned his ability to trade. Are there guys at his firm that are doing illegal stuff? Sure. Did he know about it? Maybe. But Steve Cohen in a room by himself could make a...
  12. M

    Now Steven Cohen is charged... why ever read another Market Wizard book?

    I think they are all great traders with personal flaws. Market Wizards might be called the bible of trading but it's not the King James Bible. All these men are flawed. I have no doubt James Simons is a genius but did you read about that the crap he tried to pull on taxes? LOL. He dropped a...
  13. M

    Surfer Alerts

    No taclander makes libelous statements against others and veiled threats. I knew the guy from many years ago as he has been on ET for awhile and he was a completely normal guy who rarely posted. Sometime in the last year the guy completely jumped the shark and his behavior did a 180. Surf for...
  14. M

    Surfer Alerts

    Yes, we know who Surf is which means HE can legally go after you or anyone else that attacks him but not the reverse. There is no case I'm aware of in our legal system where charges have ever been brought against someone threatening an alias whose identity was unknown to all. It's simply not...
  15. M

    Surfer Alerts

    You're understanding of the law is pretty poor. You can not get arrested for simply threatening someone who is not real. You get arrested when you actually threaten a real person! There is a huge difference. So if Marketsurfer as an alias made a threat against Jimmy5353, that would never...
  16. M

    Surfer Alerts

    Guys, this hatred is getting absurd. If you guys stop posting about how much you hate him, he won't have a reason to respond. As for whether or not he should or not post again, look, most guys that say that on this site do two things. They leave and come back under another alias or they come...
  17. M

    Day Trade Firm in NYC- Funny element to this one

    You just described my old firm to the T sans the hotmail address. That's what it looked like on the outside. On the inside I saw these guys walk out of the office with 200k checks in hand for 2 weeks of work. Rest in peace Walter...
  18. M

    Surfer Alerts

    While I'm not up to date on all the latest tricks to hide on the internet, when you use a VPN you get a dynamic IP, not a static one. Wouldn't it be obvious if Surf had 50 different IP's? I'm just saying...maybe Magna can comment on that. This topic has been brought up before. I don't know...
  19. M

    Surfer Alerts

    Good job banning that d-bag taclander. That was a long time coming. I'm not sure if he is really married and has children, but if he does you might want to reach out to social services as well.
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