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So it sounds like you don't want to assume a direction. If you are interested in neutral trades, why don't you get some ideas from Mark Wolfinger (iron condors, double diagonals) or someone like that? You will assume less risk than what you are talking about. The problem with way out of the...

Amen. So what it comes down to is, you need a system (ideally, two or more uncorrelated systems) that you trust enough to follow the rules. Then you just follow the recipe. Your emotions will still be there, but they will get behind you and follow you, instead of leading you.

I think they don't want shelters because shelters have rules. You can't scream and yell, have fights, or use or sell drugs in them.

If one of my well off friends told me that he fixed his own car or installed his own furnace, I would be shocked. Since I have zero competency at those things, I assume that my peers are in the same boat. In the same way, people are nearly always shocked when then find out I manage my own...

What makes you think only the middle class is going to be taxed to death? It will be all of us, ALL OF US, taxed to death. They have not even gotten started yet: wealth tax, death tax, inheritance tax, VAT tax, tax on Roth earnings, etc, etc. Maybe more I can't even think of.

Your time frame is important. When earnings or other announcements are approaching, you may find calls being bid up for a short time and volatility rising also. But, over longer time frames, generally speaking, price and volatility tend to move in opposite directions. This is one of the...

bigarrow, Thank you for posting. I like that Web site.

I don't think that this government, or probably any government, is capable of "creating" jobs in a free society. Businesses create jobs. So environments favorable to business are conducive to job growth. Let's see, what do we have now: higher taxes, more big government, more regulation...

I don't really understand your strategy yet. Do you anticipate a direction for gold and the dollar (e.g. sell gold puts and dollar calls somehow), or do you want a neutral stance on each? If you are picking a direction, there could be some better strategies (bull or bear spreads) than...

Well, it told me I got a low score, but I marked the middle box for almost all of them because I was completely unsure. So why a low score?

It would be challenging to set up an unbiased study of whether day traders make money. Whether you went to firms or asked for volunteers outside of firms, you would get a biased sample. I think the comment from the CPA may be the best estimate. The IRS could provide data, but of course they...

I do not understand what risk intelligence has to do with asking me 50 questions, about 47 of which I have no idea of the answers to.....

Set up a position that is gamma neutral and vega negative. Then get yourself delta neutral using the underlying.

Subu, It depends. How many lots at a time do you trade?

Lots of people ask me how to trade. They usually say something along the lines of "can you show me"--as if they could drop by on a Saturday afternoon for a cup of coffee, sit in front of my computer and learn what to do in an hour or two. I tell them I would love to show them (and I would)...

you may wish to take a look at the ETN VXX

If you mean a course, here is one trader with no education. Everything is in a book somewhere. There are no secrets, and there are no secrets for sale, either.

How do you follow him--is there a web site where he posts, or...?

So true. I was born in America. I got a graduate degree in statistics from a major West coast university about seven years ago. I used to study with an undergraduate in one of my courses. She was a math major about to graduate. She told me that the original undergraduate math program...