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    Political Compass

    Well strangely there's no authoritarian so far. I would bet that even the small sample (number of people) we have so far are split between democrats and republicans or more general pro and against Trump. I'm a Trump sympathiser btw. I'm pretty sure Trump himself would score on the right...
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    Political Compass

    So far no disagreement, we're as dull as potatoes. Maybe not that bad but I'll take another attempt at the test. What if I'd keep my leftist orientation but go more authoritarian? Instead of Ghandi... this guy https://ro.m.wikipedia.org/wiki/Lavrenti_Pavlovici_Beria
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    Political Compass

    https://www.politicalcompass.org/ Me:
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    Slots machine options

    @newwurldmn: Sorry can't read what you say. In the past you must have attacked me as it's the custom in your culture, plus the impunity of the internet. You are still banned and I don't give a flying rat's ass about what you want to say.
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    Slots machine options

    I'm reasonably familiar with the psychology of the slots machine gambler therefore I have an idea for a slots machine (gambling device) that trades options. Assuming there were no legal impediments, and I would also have the sales leads (beta testers for my system / application). Then it's all...
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    Will an option ever be priced littler than the intrinsic value?

    Theoretically it may happen. The option price considers the FORWARD price and not the SPOT price (1.15 in your case), though most of the time they are almost equal. Say by some reason, the market is 100% sure that future price will be 2x the current spot price at expiry, so FORWARD = 2.3, then...
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    what is the purpose of delta hedging?

    I'm gonna try explain how it works. Think of classic arbitrage: you buy a stock with $10 on some exchange and at the same time sell it with $15 on another exchange. You make $5 risk-free. Conversely you may short a stock for $15 and buy it simultanously from elsewhere at a price of $10. This is...
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    What qualifies as "pattern day trader"?

    Many of you don't have this problem since you got more than $25,000 in your account. For accounts with less, there is some rule saying "a pattern day trader is a regulatory designation for those traders or investors that execute four or more day trades over the span of five business days using a...
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    Almost got beaten

    >> While Hungarian hussars served in the opposing armies of Frederick and Maria Theresa, there were no known instances of fratricidal clashes between them. Because of the reluctance to kill their own kind, eventually the Austro-Hungarian empire (about the size of Texas) became the European Union.
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    Almost got beaten

    Not necessarily as a former Communist country, the Hussars ( https://en.wikipedia.org/wiki/Hussar ) were exceptionally good at beating local peasants to their place, although not always putting the same performance against invading armies.
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    Almost got beaten

    https://en.wikipedia.org/wiki/Cluj-Napoca
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    Almost got beaten

    .. in the slums of Cluj-Napoca. Cluj is a former Roman settlement named "Castrum Clus" established about 1900 years ago. The settlement they established is about the size of Netherlands. Think of "Clus" as the local "Amsterdam".
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    Assigned Short Call Iron Condor

    You just need to have the money in your account: $75 x 500 = $37500 plus some extra for broker commission.
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    New Coder Question

    Cool, it's called a "portfolio manager" and the one I worked on had 100s of developers work on it for 10+ years and still didn't do all that, so good luck! ;)
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    Mark Price

    For a while I worked on a portfolio manager used by hedge funds. Think 100s of thousands of trades, mark-to-market and compute the unrealized PNL. Realized it's easy coze there's only one price but like OP asked, what to use for unrealized? Actually they used the "theoretical value" (TV) and I...
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    Sometimes it's worth being a loser

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    Commodities

    I have a buy and hold component in my strategy so this means commodity ETFs are out.
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    Commodities

    Ok, so I think I was right in my "feeling" from looking at a few commodity ETF curves: something's fishy when ALL of them lose value consistently over a long time period. It seems there's a "contango" effect, a constant "friction" which causes these ETFs to lose money over time. Can't physically...
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    Commodities

    Like here's how CORN looks like: Unlike the stock index, doesn't seem much of a winning bet to buy and hold. Is there a catch with commodities, like they have an ever-decreasing component in them (like VXX for instance)?
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