Search results

  1. Wheezooo

    Option selling. Too good to continue?

    I'm not sure how I reconcile the above with: "After blowing up 4 accounts... it took decades... and 2019 is my first profitable trading year):"o_O
  2. Wheezooo

    Option selling. Too good to continue?

    We used to have a sign up when you came into the office. It said, "Never have so few, taken so much, from so many." It's nice to finally put names to the 'so many.' Thank you Bobby, Draft, and Dr. :D
  3. Wheezooo

    Option selling. Too good to continue?

    See post #41. It most certainly does not. Properly priced it is always a zero expected value transaction. You are confusing higher likelihood of winning with expected value. If I roll a die, pick a number, and get paid 6 to 1. I am most likely to lose but the expected value on any individual...
  4. Wheezooo

    Option selling. Too good to continue?

    That's a fantastic question and address's a peculiarity of options. Because of dynamic hedging, one sides p+l will not be the opposite of the counter-party to the original option trade. You can sell a put, have the market collapse on you, do nothing and get destroyed. I can be the buyer of that...
  5. Wheezooo

    Do trading edges for retail traders rely on intellect or do they rely on knack ?

    You're a dick. I spent all year getting my vertical leap up to 6 inches, and to where I can now almost touch the bottom of the net, and you just shit all over my dreams. :finger::finger::finger:
  6. Wheezooo

    Option selling. Too good to continue?

    Who says it hits 25. Might just wake up with it at 35. :sneaky:
  7. Wheezooo

    Option selling. Too good to continue?

    Me. I learned a long time ago telling people making easy money to stop making easy money just ain't easy. You come here asking a question, and the most experienced people are giving you an identical answer, and you don't want to listen. The fact they are 10 delta options, in a low vol...
  8. Wheezooo

    If the future is....

    Seriously, Trump never should have said it, but most everything south of Texas is an absolute shithole. I'd leave out costs rica, panama, and columbia.
  9. Wheezooo

    Sebastian Steudtner, a German pro surfer, rode a wave estimated at over 115 feet tall

    Worst accident I ever had was on a 9-10 ft wave. Broke my tooth, blood all over my face, thought I broke my neck as I was doing summersaults underwater for about a minute. Scariest moment of my life. That thing is fucking nuts!!! Does make me want to watch point break for the 500th time.
  10. Wheezooo

    Ready to get started...

    IAlwaysWin - I trade binary options - Aug 11, 2018 IAlwaysWin - I trade options and it's not a scam - Aug 19, 2018 IAlwaysWin - My Sharpe Ratio is staggeringly high. I don't have losing weeks ever. -Me smell poop. Giant piles of poop.
  11. Wheezooo

    French telecom company Orange convicted over suicides

    Better yet, is the sign outside the bathroom door.
  12. Wheezooo

    What information does Technical analysis tell you ?

    Ok. On a serious note. From a non-technician who nonetheless always incorporated TA into his decision tree. I always thought it healthy, on major breakouts of significant support and resistance that after the breakout, it is retested. So looking at a long term chart, I see the major-major...
  13. Wheezooo

    Ready to get started...

    You're in freaking India. You pay your maid less than the price of a happy meal in Manhattan.
  14. Wheezooo

    If the future is....

    We would bomb you for that, but no need, we'll just keep burning CO2 and your country should be under water in about a week. :sneaky:
  15. Wheezooo

    College Is Not An Option

    Definitely plumbing. Just getting to say reamer, discharge, self rimming, nipple, ballcock... Then you get a free pass to walk around with the crack of your ass sticking out. Yep, definitely plumbing.
  16. Wheezooo

    What is "fair" comparison of OTM calls vs puts?

    I learned/liked to use 10 deltas.
  17. Wheezooo

    Delta hedging questions

    My apologies if I am missing something. Had a long day here with family health issues. Touch distracted, but I was responding to him saying" "...Very interesting to read how professionals think and trade." -"I feel so inadequate. What should I do?" I understood that he wanted to understand...
  18. Wheezooo

    Delta hedging questions

    I recommended he should because 1- he wants to understand Greeks and that is the only way he will. 2- he is playing with a product he only understands from a 10,000 ft level, and to me that's no understanding at all. If you want to obtain mastery in sometiomg that requires you remove gaps in...
  19. Wheezooo

    Delta hedging questions

    It's through no fault of your own. You are not going to understand something you never do. Pick a high vol product... Shove 100 straddles in a sim, set vol to where the market is. and don't move it. Sit there all day watching the market and trying to flatten your deltas when price moves to...
  20. Wheezooo

    Delta hedging questions

    Stop looking down when you pee. That should solve about 90% of it. :p
Back
Top