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If I'd made a movie of my early experiences in trading, people would die laughing. Upside-down verticals... painstakingly setting up stop market orders, checking them twice - and then clicking 'Sell' instead of sending it as a stop-market... rolling an iron condor for the first time, and then...

My second boat, the one before my Morgan 453, was a 34' Dutch steel ketch (pretty close to what they call a gouwzee in those parts.) Being a pretty decent welder, I'd thought about building a bigger boat - looked at the plans for a Roberts and a few others - but never quite got around to it...

I've spent 20 years living aboard, seven of them in the Caribbean. In hindsight, this would not be a bad life for a trader... I was broke during most of those years, and didn't feel the lack of money very much (it takes very little to live out there - most of your food is free and within easy...

Counteroffer: I'll pay you 100,000,000 instead of 100,000 once I've made it based on your method. Let's roll up the old sleeves, shall we?

From a blue-water sailor who does sometimes trade from his yacht (nope, not any easier from there) - I'll add to those fine words of support. You're doing something that most don't have the brains or the guts to do, and you're doing it in daylight, with other people watching; that's hard...

Thank you both! I've only been at this a few months, but burning the candle at both ends. Still a lot of learning ahead, so any steer toward the straight and narrow is much appreciated. @TheBigShort - I'm in BK with that long straddle; also got filled for 1.68. Spent most of the day trying to...

When I was teaching Python, I used to use ZeroMQ to demo how message passing should be done. Cool bit of history: Pieter Hintjens (there was a fine man and a good thinker) actually created it as a replacement for AMQP (which he also had a hand in creating) - which was created to handle the...

Absolutely - thanks. "Delta bet" is basically my shorthand for "large move up or down". Got it.

Just to check that I'm tracking here: BK's current IV%/IVR is 90/60 - but it's pretty much irrelevant because it's not going to drop until well after, so going long/long vol is essentially a pure delta play. Right?

I was actually in the process of setting up both when the TradeStation platform blew up on me. I spent a couple of hours with their tech support getting it back online, so now GS and JPM owe me one. :) BTW - thanks for setting up this journal. I'm fairly new to options, but as a former DS/ML...

Do you have an actual, verifiable track record of this? Lots and lots of people "feel like" their methods are successful - at least until they actually record all the results. Nearly 100% of the time, the harsh bright light of reality turns those successes into failures. If you find that you...

I've found that demonstrating the sleaziness of what they do to people like you is far more effective than trying to argue with them about it. The latter is a complete waste of time, since their tactics aren't intended to look for truth but to show how smart/witty/etc. they are. Showing that...

The implicit threats have always been there, and the companies operating here have always been aware of them. I hope this doesn't come as a shock, but living entities (which includes organizations) are, in fact, aware of existential threats as a top priority; it's called survival. But now that...

Meanwhile, Joe Average no longer has a job (because you've chased the business owner, his money, and his production facility out of the country), can't buy anything with the money he has left - food, utilities, housing, etc. - for the same reason, and what little cash he does have left has been...

Wanted to say "thanks" for this. I've had some of those days; had me wondering WTH is wrong with me. Now, I get that being risk-on is 1) key to trading well, 2) isn't "on" 24/7, and 3) I haven't turned into a coward. It *will* take some time to get used to. Thanks again for the clarity.