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  1. U

    Turning 10k into 50k in one year possible? if s how would you do it?

    Instrument(s) of choice: Offshore sports betting exchanges How would I do it?: By utilizing arbs and hedges, I would concentrate on increasing my bankroll by 10% every 3 weeks. Joe.
  2. U

    beinf sued by Collection agency

    +1 Joe.
  3. U

    Buying a Stock and Selling a Put

    Here is my honest opinion. You did not make a "mistake" because you didn't know or understand what you were talking about in the first place. To make matters worse, several posters posted incorrect information and you agreed with them because you didn't have a basic understanding of what you...
  4. U

    Buying a Stock and Selling a Put

    Please do yourself a very big favor and read any basic book on options. If your entire transaction is to buy the stock and sell the put, the put is naked. Owning stock is not the cover for a naked put. Joe.
  5. U

    who are the winning traders?

    That's a lie! Joe.
  6. U

    What's wrong with this edge?

    Nothing IMO. The trick is: can you actually do that? If so, you got a money maker. Joe.
  7. U

    House Money

    Good gamblers have a quantifiable predictable statistical edge. We adhere to very strict discipline, rules and do not let emotion creep into our gambling habits. That is (what) differentiates us from (poor) traders. Joe.
  8. U

    What do you guys do at 11:30?

    I eat lunch. Joe.
  9. U

    Option clueless beginner question

    Please read any basic book on options before you ask questions on a forum. Not because you may get the wrong answer, (which is possible), but because you may not be able to put the answer in context if you don't have at least a basic knowledge of how options work. Joe.
  10. U

    A truly riskless system?

    It is an excellent book and I would recommend it to anyone. His set-up was 50% stock, 50% cash and rebalancing after moves up or down. The book claims that this system is now known as "constant-proportion rebalanced portfolio". The problems with this system noted in the book are commissions...
  11. U

    A truly riskless system?

    This is a method of reversion to the mean. It was discussed briefly in the book: Fortune's Formula and attributed to Claude Shannon (though the concept has been kicked around for centuries). This concept has also been used in other books such as Lichello's A.I.M. where the example is a stock...
  12. U

    EBAY=Not worth it

    The PayPal fees that I have paid are due to the ability to accept credit card payment by using PayPal's merchant account. Of course not all transactions are paid to PayPal by credit card but you pay the PayPal fees anyway as the seller accepting payment. There are ways to set your account up...
  13. U

    EBAY=Not worth it

    I don't understand how Scat can read any threads since he/she has everyone on ignore, including me! :eek: Joe. :)
  14. U

    A truly riskless system?

    Why do these things always have to become pissing contests or a game of who's bigger? :eek: Here is something worth discussing whether it be right or wrong because it will give others an opportunity to learn. Don't attack the person, instead, discuss the concept, equation etc. Thank you...
  15. U

    When will the market correct 10% or more?

    It already has been corrected. It is up more than 10%. Joe.
  16. U

    I just don't understand

    Actually, no. The trick is to know how to apply the information. Interestingly enough, one strategy that I use is to look for an entry after 10 AM. While I am not looking for the top or bottom, I am looking for a short ride somewhat based on what you wrote above. The bottom line of this...
  17. U

    Cassie's Pictorium

    I have to go home now. I have something very important to "discuss" with my wife! Joe. :eek: :)
  18. U

    Psychologically tolerable win-rates

    I look for set-ups that have at least a 60% win rate to cut down on variance. I do not like the wilder swings that lower win %'s create. I prefer a steadier zig-zag increase in capital. Joe.
  19. U

    Did I just catch myself saying "nestal fracted" loop?

    I thought movies as well but my thoughts went to scenes where the driver looks out his window to see that his rear tire is flat. What movies, I can't tell you or maybe I just have a faulty memory. :eek: Joe. :)
  20. U

    Cassie's Pictorium

    Can you hear the sound of me biting on my fist? :eek: Joe.
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