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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    SS, I never recall seeing that post you noted... the thread was lengthy and well evolved by the time I was noted of its existence. I've read many of riskarb's posts in other threads and see he knows his option trade stuff. I do too... it's easy to spot the pretenders in that world. Gotta...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    pai·sa·no (pî-zä'nô) also pai·san (-zän') n., pl. -sa·nos also -sans. A countryman; a compatriot. Slang. A friend; a pal. === I do like you Bit, even though you can be very rough around the edges. You remind me of my paternal great uncles, Sicilian who came over around the turn...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    Bit, you might be right. I might be a fraud. In that case, what stops you from putting $10k where your mouth is and proving to the ET world what you ass ume? What do you fear, paisano`?
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    How much do you need to realistically make it?

    Jam, your continual attempts to weasel and backpeddle are embarrassing. I honestly thought you were one aspiring trader here who actually had a pair. What does it take to make you understand I don't want anything from anybody here? You and everyone else can keep your money... I don't want it...
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    How much do you need to realistically make it?

    <i>"Entering into this challenge can be compared with an invitation to participate in a duel or a fight. Would you take on somebody who says is a good fighter, but does not actually show what he can do? I wouldn't. I wouldn't want to risk losing my teeth, having a bent nose and perhaps other...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    <b>risk</b>, when I tire of this intraday trade routine (it is draining) I will return to trading credit spreads, and the either/or FX options have great appeal, too. At that time, I'd be even happier to have you manage my funds while I do the important things (to me) in life: hunt, fish and...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    Risk, I'm familiar with FX options. I'm sure you'll do very well with them... the leverage offered is optimal for <b>experienced</b> traders. I never noticed any negative posts from you in this forum before, and always enjoyed yours. I'll be very glad to trade with you, but that of course...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    BS model assumes all option positions expire worthless, before trade costs. Understood. The scale of probability to success outside of that modeling has deep OTM options as worst, followed by debit spreads, followed by credit spreads. I'm guessing you trade spreads - exotic spreads because...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    <b>Risk</b>, the otm credit spreads have a higher % probability of success if managed correctly. You know very well that deep OTM options will bleed to 5cents in a heartbeat, while the credit spread has much more time to manage risk/reward. You also know that an atm/otm debit spread negates much...
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    How much do you need to realistically make it?

    Dear Romik, Those are excellent points. Here's the deal: A number of vocal antagonists are spouting b.s. opinions about how I cannot trade profitably, my tactics are sh*t, I'm a fraud, I'm a shrill, etc. You've seen the posts, you've seen the asnine, baseless ass umptions on their part...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    Oracle, imo any successful trader will not back down from such an easy challenge as this. $10k is not a lot of money to play with anyone who is really making it here... but the pretenders won't dare risk it. I'll gladly show where my $10k comes straight out of emini futures trading profits...
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    How much do you need to realistically make it?

    JJ, to me you sound like a gutless coward who is all talk and no action. If 2 - 3 out of 10 trades work for me, sounds like I'll go broke long before 12/15. By your own words taking my $10k should be easy money on your way to demonstrating just what a losing-trader shill I am. Stick with...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    nkhoi, on a man's honor, isn't that how it should be? I grew up in small-town bars where everyone knew everyone else and strangers were given respect until proven otherwise. I won my share of 8-ball pool games for $50 ~ $100 where the other guy had empty pockets, bluffing out his butt...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    Hey, no one is going to lose the contest and face a firing squad. I mean c'mon... where's all the big-mouth detractors hiding behind their cowardly alias' now? The lack of bold, confident traders who are so quick to trash me is deafening silence. Please, no weasel words to avoid the...
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    How much do you need to realistically make it?

    Show us something, JJ... show us you can make two dimes' profit trading real money with this shill. I'm all b.s., you're so sure of that. Why not show the ET world what you're made of? What inner fear holds you back?
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    Artful dodging on your part, JJ. What part about the <i>put up or shut the hell up</i> did you miss? Please go back and reread my post one more time. Best Wishes Always! Austin
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    How much do you need to realistically make it?

    <i>Hey AP, Gave you a visit, but now I'm kinda busy with things that are actually important to me. </i> <b>Mile-Wide Smile</b>... yeah, that's what I figured you'd say. Didn't put up or shut up... still just flapping your empty lips about vendor nonsense like the rudder on a duck's a**...
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    How much do you need to realistically make it?

    http://www.elitetrader.com/vb/showthread.php?threadid=76506 Hey Jam... c'mon over to my thread that Version so graciously saved me the time of starting. There's a personal invite waiting for you :cool: Austin Passamonte
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    Why a $10,000 challenge? Because I'm tired, and I've heard enough. Heard enough from anonymous-alias blowhards who lurk behind the scenes here nestled in their safe little comfort zones, bashing complete strangers in self-righteous, judgemental fashion. The ass umptions made about me...
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    Austin Passamonte Challenges all at ET to a $10K entry fee Contest!

    tiv, I'll be very happy to do that with you in 2007. No sweat... count me in! I wholeheartedly respect your religious holidy limitations per the end of this year. Thank you for the offer :>)
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