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I haven't been through it yet - remember, I'm just a beginning trader (and pretty crap at it, according to Maverick74, since I mostly trade the short side :) ) - but rising prices are usually associated with falling IV. Last bloody thing I want to see right now.

Good to see this! Since my debit trade game is so weak (gotta do something about that), I've been gritting my teeth about having to sit out this low-vol crap - and it's just killing me. However, I did a TGT earnings play yesterday, and I realized that even though it's not my usual style of...

I don't have a comment on your trade, but I never got notified despite you @-pinging me. Hmm. :\

But you're not trying to filter; that's the point. You're making positive assertions. Trying to filter does not start with "I BELIEVE; now convince me I'm wrong!" - it starts with "I don't know; let's see which way actual evidence points." And then, once you've made up your mind, you actually...

It's called PLAYBACK. Several plats - I believe ToS is one of them - have it. Find a spike in the past, roll the clock back, put on your "trade", then play it and record it. With suitable "oh my god! oh my god!" squealing thrown in for effect, of course.

And you know that this guy is not a fake educator... how? For a guy who can't possibly have any idea of what's true in that video, you're sure giving out a lot of guarantees and assured statements. How come you haven't put any serious money behind those? You know... invest in his course and...

The key term is not "willing"; I don't think anyone would have a problem with that. It's whether they're able to teach what they promise (or perhaps, more precisely, what they imply.) If you wanted to make a bet on the guy in the video being able to teach you how to trade profitably, I'm sure...

Yeah. Imagine how easy it is to overwhelm the very, very few of them that exist. This isn't anything new or different, although it's dressed up in modern clothing. If you steal a dime, you're a thief; if you steal a billion, you're the king. If you kill one, you're a murderer; if you kill fifty...

Non-wheel: 11/19/2019 $22.50 APA 200117P20P / C25 $2.07cr Put on a strangle at TastyWorks. Kind of a desperation move - I haven't traded in way too long - but it's a ~$20 stock with high IV, volume, and liquidity at the bottom of its range, and very nice credit. Wheel: 11/19/2019 $110.65 TGT...

You're telling me? I'm the one who had to sit there and wait! (It was on the opposite side, actually, but close enough.)

How many financially-savvy cops do you think there are? I don't want to sound too disparaging, but frankly, just finding somebody to even understand this kind of complaint would be a challenge. Then there's the risk, for the cops, of going after an Upstanding Member of the Community - screw that...

You may have thought you were kidding, but there are, like, actual signs that tell you how long it'll take to get off at that exit during rush hour.

That the key principles of what I've long believed - the best of human motivations - still hold, even in what is perhaps the most competitive environment in the world. There are truly magnanimous people here, from whom I've learned far more than any book could possibly teach. In some ways, it's...

Another outrage-stimulating fluff piece. Find some morons doing stupid shit and "profile" them as if this was something normal... this is how the media drives clicks nowadays. 4 bedroom/3 bath houses in North Hollywood - a rather decent neighborhood - are renting for ~$3500, so there's your...

Mine's fine, thanks. But you need to check your ability to communicate well (extremely low) and your ability to be rational about actual data rather than your beliefs (non-existent.) And this is a perfect example of what I mean. "Typically quite bad" - what does that actually mean? Food here...

It's not a problem; it's an incredibly useful market artifact. Those "huge" debt numbers terrify fools into either staying out of the markets or providing liquidity on the short side when they do enter it. I've been long the market ever since I started trading, and I'm quite happy to see that...

Aliens will be coming to collect from the entire Earth any day now. I, for one, welcome our new Interplanetary Money Fund overlords.

Sure. And the ratio of risk to reward for both is a constant. I understand your point, but looking at just one side of the equation doesn't give you any useful information. I can click 'Buy' on any strike on the call side and see '∞' in the "Max profit" column; this does not make them "higher...

That would be awesome. I guarantee there will be a cheering section. Somewhere in L.A., there's a storage bin with my Sinclair ZX81 in it. Of course, I'd have to get an RF modulator and an old B&W TV to recreate my original setup - wonder if that 300-baud modem I built is there, too? - and...

And this is why you can't evaluate risk by just focusing on one side. Since the underlying is trading closer to one side vs. the other, both the risk and the return must be multiplied by that proportion to evaluate them correctly. Risk * reward is equal between the two sides; if it wasn't, you'd...