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    Billionaire trader John Arnold retires at 38

    That's why Brian blew up. Sure he had his analysis, etc, but betting on weather is what it essentially was. He was betting on a strong hurricane season the first time, which worked and Brian made something to the tune of 9 figures clean sweep after netting his firm Amaranth several billion...
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    Billionaire trader John Arnold retires at 38

    hmm.. not quite... it was a spread across different months... So while Brian's spread widened and got to the point where he had to start liquidating it, our hero here was on the other side of the trade. Had John instead been in Brian's spot, Brian would have seemed the apparent winner and a...
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    Billionaire trader John Arnold retires at 38

    I knew professors who taught Brian. Had Brian made billioms from that hurricane season bet, we would be lauding him today not John Arnold Sure these guys are talented... Way more than you or I, but let's not give them too much credit. Someone mentioned Monte Carlo. A simple Monte Carlo...
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    My option trades

    And how many people post their losses? I bet you don't follow the losses I post? In fact I.post more losses than I do gains. And of the two trades mentioned , neither seem stellar at the moment. So if my goal was to brag, it'd be counter productive. As for gmcr, I did turn $190 into...
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    My option trades

    I had a 110 120 vertical on lnkd... I just hope it goes higher tomorrow.. but should still break even at the worst Have a strangle on MTD... Will see how that plays out...
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    My option trades

    LNKD: Looks like someone knows a thing or two...
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    My option trades

    LOL!! No you haven't. You're not even a novice. A novice knows how to work their platform well...
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    My option trades

    AIG seems good on the upside. HAIN has mostly gone up after earnings so long the stock would be good KFT nearing almost a decade long high here... MTD has been on a range for a while, might break out? This might be a good trade for you falcon, the vol is priced right and a straddle...
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    My option trades

    Yeah, you're right. I lost sight of the number of positions I had and only realized the difficulty of closing them in the morning later on... Another rule added to my book..
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    My option trades

    I took some losses from my WTW trade (max loss on the Calendar was $500 something, but somehow I managed a $800 loss... dunno how... )... also Visa I closed with a $200 loss... But GMCR came to the rescue with a $1300 profit. So sort of broke even. Took a loss on a number of my other...
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    Need advice

    wow... (both the $20 million and the AC part...)
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    Need advice

    Haha, I can understand his situation as I'm in the same boat. You know it all about us young schmucks tryna be "wall street warriors"
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    IB - TWS - Browser Based or Standalone?

    At university, I go the library, use the browser based version, and lo and behold all my settings are saved. I also have my settings file emailed to myself in case i forget to check the "Use/Store setting in server" check-box on the login box And voila! Other times, I just use the one I...
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    Trading Long Straddles

    Anyone using TOS or any platform that shows risk graph needs to know that while the expiration date graph that those platforms produce are accurate to the bone, what's important to us retail customers is what happens between now and expiration (i.e., that white line in TOS) I don't consider...
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    My option trades

    Oops!! Yes, my bad, the $45 weekly... I just hope it continues the slide tomorrow... I was nervous too... it got filled literally 3 seconds before markets closed no kidding! I should have put in 3 more ... oh well, WOULDA, COULDA, SHOULDA....
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    My option trades

    LOL, V !!! I think this video sums it up: http://www.youtube.com/watch?v=oHg5SJYRHA0
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    My option trades

    LOL.. I have a calendar on WTW... flippin mother#@#!!! I think ill take a small loss... I say -$100... It's time you paid attention to Ganesh... he's not happy...
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    My option trades

    GMCR cuts guidance... betting $195 here on ONE HUGE PUT option... $40 May weekly... So V might be a profit tomorrow- the weekly fly at 125 should be a nice payoff but as you say Ryan, it's gotta hold...
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    My option trades

    .:RIP:. Check out HLF for some lulz...
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    My option trades

    I'd say ADVANCED understanding atticus...
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