Search results

Polarbear's number is not outrageous and he knows what he is doing. He is forcing risk management on himself by limiting amount of equity in the account. It also protects him from broker misappropriating his funds. It is good risk management practice. If you understand leverage, you will...

these trades are not free carry. you are shorting lots of convexity.

earlybirdstango, I ask a similar question before. Could you please post some summary stats for your group? an equity curve for the group, or mean / stdev of the group based on a year or two years of daily PnL will be nice. As an individual trade that trades from home, I would lover to...

Nov +9000 Will post yearly performance by the end of the year. Ready to close the book. Do not want to be too aggressive. Already reached my beg of year goal. njrookie

you do not hedge by 1:1 share ratio. you can hedge by shorting qqq in equal dollars (dollar neutral) or you can try to identify the sensitivity of aapl return to qqq (beta neutral). you can choose to under-hedge or over-hedge a bit relative to your baseline view to express your opinion...

if you do not have 25K you are better off trading paper account while accumulating capital.

in short-term, yes, kissing ass might be a short-cut that gets someone ahead. in longer term, your skill will show. it does leave a bad taste/smell in your mouth though :) no one will pay you if you cannot make them money. trading is good in that sense. no ass kissing can save a bad trade...

the bottom line is that one needs a skill set that is worth one's pay. if you can find a similar job at $25/hour, why worry about getting fired for a job that pays $18/hour. the fact is that many do not have required skills for higher paid job and just cry for unfairness and "rigged" system...

earlybirdstango, can you post the cumulative YTD PnL for your traders? love to see a successful group's performance. njrookie

A drop of 0.35 in sharpe ratio, relative to to your stdev of 1.42% implies a drop of 0.5-0.6% in mean return. That is over a short 3 weeks window. We are about 45 weeks into the year. So you probably just experienced another DD in the 7% neighborhood since last update. I am not sure how this...

Your skew and kurt look quite "normal". That is a good feature of return. If those numbers are stable over the long run, then the strategy is an excellent one. However skew and kurtosis measure distribution asymmetry and thickness of tails. So it is very difficult to measure it very a small...

Been busy with work and was not visiting ET as much. Oct - up $8750 Still recovering from Sep. Close to the high water mark.

you missed it by a tick. mkt has moved away. for naked long vol, why not using vix ETPs?

Is the long front vol position a hedge for the fly or a separate trade?

sellingindexvol, do not be so modest. you are among the big hitters and you are doing great ! njrookie

I thought this is "Maverick74 and marketsurfer's TopstepTrader Combine" thread. Please keep it clean and refrain from contaminating the thread. There are plenty of opportunities to do that on other ET threads.

is the capacity in 7, 8, or 9 figure range? which one?

54-100% a month is very good :) I will be happy with 4-5% a month. My standard is low.

3rd quarter summary. left is spy. right is my performance. rather volatile. currently recovering from a dd.

recover continues +4K