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  1. Axon

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    I'm glad you got that out. I hope you feel better since based on your posts it's unlikely your trading results give you any happy feelings. Now read this quick because it's back to ignore and me forgetting you ever existed.
  2. Axon

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    You further beclown yourself. Farming premium with options isn't some advanced esoteric skill. It's a basic quantitative approach, certainly less advanced and more likely to have an edge that can be exploited by retail than trying to mouse click your way to profits with TA chart doodles. There...
  3. Axon

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    Well that's an ignorant uncharitable take you prick. Especially when followed up by walls of barely coherent useless drivel. A retail trader receives no statistical edge from trying anything you posted and anybody sitting in front of their computer clicking away with their mouse will get rekt...
  4. Axon

    Are options a waste of time and money? (pun intended)

    I may be misunderstanding the point as I'm entering the conversation midstream but those p&l graphs and your commentary are only relevant if you're planning on blindly holding to expiration. What matters is the current p&l curve, which will look much different to the charts posted, and how the...
  5. Axon

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    Being aware of buy and hold returns isn't nothing but I focus more on CAGR compared to maximum drawdown for my strategies. I understand why people find comfort in buy and hold but when the S&P has annual returns of roughly 10%, depending on timeframe, along with semi-regular drawdowns of 25%-35%...
  6. Axon

    Trading memes

    Most of the memes in my folder are a little too spicy for elite trader but here are some of the tamer ones.
  7. Axon

    Is there anyone here who has a consistently profitable automated trading system?

    I used to have a couple of crypto bots that worked really well back in 2017/2018 until the edge got arbitraged away. I ran a 0.6 btc account up to about 50 bitcoins at the peak before it was finally over. One bot ran on Binance specifically since the volume there was so huge. The edge was there...
  8. Axon

    What are you presently reading?

    Right now I'm reading The Fortune Sellers. It's a healthy reminder that nobody knows the future no matter how authoritative or logical sounding the argument is for interest rate changes, impending recessions (or not!), all time highs or lows, nobody really knows and the track records of...
  9. Axon

    Why wait for a pullback?

    If you take it for granted that any form of the efficient market theory is true then any entry is theoretically as good as any other. That being the case, in an uptrend I favor entering on new highs a reasonable distance above my previous entry rather than waiting for pullbacks. The rationale is...
  10. Axon

    IT’s Gambling.

    Stocks have equity risk premium and bonds have a coupon. Both expected to be higher than the risk free rate in the long term. If you're stretching, maybe commodity futures can be argued as gambling for speculators since in recent years the sheer number of speculators have overwhelmed the...
  11. Axon

    Being profitable

    I gave up being a contrarian, thinking I could accurately fade tops and bottoms. I’ve heard there are people who can pull it off consistently but I find it a whole lot easier to just buy when volatility is low and sell when volatility is high. Once I started doing that I suddenly became a lot...
  12. Axon

    Is VIX of any use for SPX ?

    Here's a paper on SSRN[0] that suggests when the VIX has a standard deviation of 0.86 or below a spike is usually imminent. Doing a search for "VIX" on SSRN may surface some more useful info. [0] https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2949847
  13. Axon

    Sweet Bobby's Journal

    One of my strategies switches between iron condors and calendars depending on the volatility regime so I end up using calendars about 1/3 of the time when vol is low, like right now. I open the spreads anywhere between 45 and 75 days out and I never hold less than 30 days to expiration so the...
  14. Axon

    Sweet Bobby's Journal

    Sometimes calendars can be a good stand-in during low volatility environments since they're positive Vega. That is, assuming you expect IV to rebound.
  15. Axon

    Iphone App for setting realtime price alerts for stocks (including pre & post mkt)?

    Tradingview can. Not sure if it works on the free tier though. You'll get the alert on your phone, in your email, and it has a setting that allows you to ping a web server or API (e.g. Telegram) if you have a need for it.
  16. Axon

    The recent drop in volatility / VIX.

    I vote it's a temporary pause lest the short vol trade once again get crowded and a new generation of naive traders are blown to kingdom come thinking short vol is the Holy Grail can't lose perfect trade. The question remains, how long before the inevitable? No way to predict this other than to...
  17. Axon

    Would you use this research website? CEOfyi

    Very nice. Would be useful to be able to specify start and end date to compare different CEOs' performance during specific market regimes.
  18. Axon

    VIX1D

    Tradingview has it in real time.
  19. Axon

    Wall Street Is Getting a New Fear Gauge. Meet the One-Day VIX Amid 0DTE Boom

    That article is underselling what the VIX did. On both March 13th and March 14th cash VIX was in more extreme backwardation than at any point since March 7th, 2022. That's not nothing. Also https://archive.is/wRuWA and https://archive.is/c7yMO alternative links to Bloomberg and Marketwatch...
  20. Axon

    Crypto Macro Trends for 2022

    I have been aware of bitcoin since 2011 and actively trading, running bots, and scouring the internet for as many exchanges as I can find with enough liquidity and a decent api to run my bots on since 2017 and this is the first I've ever heard of "Bitzlato". Bang up job DOJ. You're really...
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