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  1. BlueWaterSailor

    Tip: Buying stock about 8% cheaper using synthetics :-)

    A wonderfully self-correcting behavior pattern; the first real bullet that comes along cures it forever.
  2. BlueWaterSailor

    Tip: Buying stock about 8% cheaper using synthetics :-)

    I've been improving ET quality that way from the start. You'd be surprised about how quiet and high-quality this place can be. :D
  3. BlueWaterSailor

    Can anyone else say "double bottom"?

    Good move. There are things you don't want to ask me, because I'm just mean enough to actually tell you.
  4. BlueWaterSailor

    Can anyone else say "double bottom"?

    That's a very serious danger - why didn't anybody else think of this??? All it would take is a few thousand AWS instances in a cluster running a CNN/SCLSTM machine learning algo that's looking for personal ID info; wouldn't cost more than a couple of grand an hour. With all the billionaires in...
  5. BlueWaterSailor

    The smartest money says ignore ET

    Back in USENET days, alt.callahans used to have pun wars; horrendous things in which making the audience flee into the night, screaming "Ewwwwww!" and holding their noses was the ultimate goal. I'm ashamed to say that I participated wholeheartedly... :D
  6. BlueWaterSailor

    The smartest money says ignore ET

    Eeeep. NO. And before you bring up Frau Farbissina and Una Brau... that's not it either. Now, had you come up with a pun about the transfer cable designed by an American insect... (A USB, of course. Duh.)
  7. BlueWaterSailor

    The smartest money says ignore ET

    Pure parochial prejudice, m'boy; there are plenty of epicureans who prefer smoked carp to smoked salmon. Although I will admit that, if you don't know how to deal with those little Y-bones, carp can be a major pain to clean... But yeah, fairly funny when coupled with Sturgeon. Even the East...
  8. BlueWaterSailor

    The smartest money says ignore ET

    Yeah, not quite freshwater either. ...still missing the boat (see, that's another one...) Most anadromous fish spend their lives in saltwater and only spawn in fresh - and that definitely applies to sturgeon. Better yet, Ted Sturgeon was in the merchant marine, SOOOOOOO... :D:D:D
  9. BlueWaterSailor

    The smartest money says ignore ET

    Also: xgf with a carp. NOTE: not from the ocean. (Replaced original pic with one where even the carp is giving you a fish-eye. Now that is a pun worth making!)
  10. BlueWaterSailor

    The smartest money says ignore ET

    Carp. Ocean. Carp. OCEAN. There's a reason that I didn't think of it.
  11. BlueWaterSailor

    Can anyone else say "double bottom"?

    Hehe, just messin' with ya. Vertical spreads, dude. You know... limited risk, can only make so much but also can only lose so much? No? Maybe one day. :)
  12. BlueWaterSailor

    Can anyone else say "double bottom"?

    Quite a few pocket friends have been making very serious bank doing FTX PERPs. But hey, to each his own... What in the deteriorating barbed purple weasel-fuck is that? Something similar to a "double bottom pattern", maybe?
  13. BlueWaterSailor

    Can anyone else say "double bottom"?

    Predictably, it's MUCH BIGGER - and will hurt that much more - in futures. That's how I know all you futures people are crazy. :D
  14. BlueWaterSailor

    Can anyone else say "double bottom"?

    I recall a story that I read, or possibly heard from one of the old floor traders, about some famous TA guy trying to sell his services to a man who ran a trading shop by insisting that his magical lines on a chart described what was going to happen. After a while of listening to him, the big...
  15. BlueWaterSailor

    New study reveals insights on oceanic rogue waves

    Thanks - and the same to you!
  16. BlueWaterSailor

    letting go of the past (maybe?)

    What you learned in the process of setting it up and making it work is incredibly valuable - and that part is not going to be lost regardless of what you do about this project. In fact, if I had to guess, I'd bet that at least a part of what you learned contributed to finding your edge... that's...
  17. BlueWaterSailor

    New study reveals insights on oceanic rogue waves

    Well... he might have been a little drunk or stoned at the time and misremembered the actual numbers. :D Working vessels aren't exactly the most seaworthy things in the world - they can't be, since they're of necessity top-heavy with too much gear and stowage. The people who build them also...
  18. BlueWaterSailor

    Some trading advice for new guys

    Correct. That's a positive expectancy trade. Call it mental Monte Carlo analysis. :) And yes, that was the point I wanted you to get: it's positive by more than just credit - max loss. No, the point is trade sizing. If I have a $1M account, is a single-lot straddle in SPY, no matter how...
  19. BlueWaterSailor

    Some trading advice for new guys

    Say SPY opens at 382 tomorrow and I sell a 30d ATM straddle for $22. A few days go by, some of the current craziness settles down/vol drops, and SPY wanders about but remains fairly close to where I sold it... and now I buy wings 10 points out for $10. * What is my maximum loss in that trade? *...
  20. BlueWaterSailor

    The smartest money says ignore ET

    Once you apply Sturgeon's Law - "90% of everything is crap" - this place is no worse than most. Yes, you have to develop a set of filters - block the idiots, ignore the clueless, identify and listen to (but double-check) those who know their business - and keep learning from, and contrasting...
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