Search results

Is that right? Dictionary definition of perpetual is: "Unending, continuing forever, having no expiration date". I am fine that you price it as a 100 year as long as I am not the seller. I just want my option to be perpertual. Counterparty risk should not exit (it has to be done via the options...

Ask the newbies who bought calls what happened to them. There is a guy who turn 7k to 52K, and went back to a smaller account than started with. His story is on ET somewhere. I understand that he bought calls. For those who did not manage condors (or do not know how to manage condors), it...

Original Poster: 1. If you are a beginner I would highly recommend that you start playing options with condors. They are high prob. And you will learn more about options playing with them while your prob of success is higher, and the likelyhood of cutting yourself is lower. But you need to...

I would do the opposite of what is in the quote. If neutral about direction, I would sell the next month and buy the front month, with way OTM strikes. The effect of time to expiration is similar to bonds behaviour. If I bet (sure?) on a direction, I will buy an OTM butterfly, with short...

The market told me to pass on this (In the text below, the words I and me, refer to market and not to me (the author of this little text)): "Men can die with just 1 thousand little cuts Sharp men get themselves many such cuts If I put salt, its in their selfinflicted cuts I know it...

"A man with a hammer, all he sees are nails." Does your former profession explain why you insulted me more than once when I never wrote anything of such against you or anyone for that matter. I even waited after reading some posts with direct or veiled insutls from you before I had to defend...

I agree with you 100%. I would just add that sometimes one has to use the magnified picture so that the audiance can see more clearly. I understand and sympathize with them--The majority are good people and deserve recognition. No doubt about it--for the record I applaud them. The thread...

Someone who uses the expression "I Am A Market Maker" :D More seriously, I do not want to define them. Let them step in and answer your question which they did not do so far.

I have other analogies and stories for the readers. I would deliver them in due time. Some titles (before I forget) are: 1. The champ who delivered a (risk free) trade to his ex-champ opponent that a whole TV nation swore never took place-- until 30 years later! The flattenedd opponent...

If I put salt, it's in your selfinflicted cuts. We know it hurts, but it disinfects your cuts.

Non sequitur? A joke. In plain english for you: if a MM didnot forsee his replacement by a computer and adjust his career or position within the firm before the fatal moment, how could one such MM be top notch in managing risk in trading? Your comment lead me to conclude that you understoodd...

There is a list in the Philly exchange. Head there,and leave the link here after you visit it.

Saxo bank told me three months ago that they have or will introduce the TRY/JPY. I am also considering the Island Krona (ISK?) Does anyone know how to play the ISK vs. US or JPY. Yen is getting strong though which is another issue. I would love to buy the Turkish bond (with leverage). Europe...

I did not mean to say that MM did not, and do not make a valuable contribution to the system. To the contrary they did, and still do. What I meant is to address those MMs who make the quote I put in the title to impress retail traders (And they have done it. Check the forums and you will read...

My attitude is no worse than yours. If my posts contain edges that cut you, it is not my fault. You cut yourself because of your false statements. I never called you names (but you did call me names and initiated it). You have the attitute of those who think they are too sharp to the point...

Thanks Switze. You are one of the very few people I noticed who have some real spark. Remember no one answered your question about the breakeven. You made money, and it is something that we know only a small fraction make. They even told you that you were wrong about what the books said. Yet...

I will give you something for free if you really can decode this message. Once you understand "1+1=2", you will understand where to place your stops.

It is what you should see that matters, not where you sit to see it. All seats lead to the same view---indicators are equivalent to one another.

You sound like a member of the "I Am an Ex-MM" family. I take it that I am right in my analysis about the quote, am I not? Stay in your noose set for you in this thread.

A typical statement of someone who wants to appear as a great trader (in options market in particular): I am an ex-market maker. Yet their past (present for current MM if they exist) and their fate proves two things: 1. They know something about risk, as otherwise why did they live only on...