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Since DavidKSmith is probably too busy "gathering socially" to read this, I will say this for my fellow peons: First of all, the word "then" means thereafter, following next after in order of position, narration, or enumeration, in that case, as a consequence etc. It does not mean "than"...

I disagree. You can't blame traders for taking advantage of a clearly erroneous system. If it were clear that all trades that happen exactly $1 away from the market are clerical mistakes, Island would have the duty to cancel all such orders before they execute. If every convicted serial...

That's a real eye-opener. How could I have been so blind!

Exactly.

lol

Does anyone have a halfway viable strategy for selling the vega as an off-floor sucker? All the complicated spreads like neutered double-winged fruitflies and pregnant ironclad condors sond intriguing in theory, but you can't really do them off-floor, can you?

It's not that difficult to get "dry powder" back from shorter term trades. I believe the market will pretty much repeat what it did this past year, and in about a year or so we will probably hit THE bottom and start an upward creep that will have more sideways motion than anything. But why...

That's obviously a very good idea. I was thinking about stock index futures, since I have yet to find a system that even appears to me to have hope for working on stocks. Maybe your suggestion is just what I have been missing so far.

Is it really that easy. Don't you also have to take into account the investment alternatives, like interest rates and foreign markets?

Exactly! The only wrong thing that goes on is Island's "clearly erroneous" bullsh!t. Whenever I get a load of that crap, I inquire about the details, and I have never received any response from the crooks at Island. None whatsoever. That indicates they know they are doing something illegal...

If you want a hard edge, you have to design a system that does nothing but optimize itself. In other words, the system starts with nothing and keeps optimizing that.

Maverick74, thank you for the insight. Maybe I will re-think...

I was just wondering. If I wanted to trade stock options on the floor as a market maker, how would that work in the real world? Is it all done using hand signals? How do you advertise your price levels in a trading pit? Is there a distinction between the price maker and the price taker and...

Consider this: If you don't like a thread, you don't have to read it. If you don't like your neighbor's substitute for music, you can either move or have your ears surgically removed. For lots of people, neither is practicable, and those are the ones who suffer the most. Like little children...

That is exactly our point. Would you confine your life to doing only what a judge in a courtroom tells you to do? Or just functioning within the rules? I believe everyone here understands that you try limit your consciousness to what is absolutely necessary in order to vegetate. Some of us...

That is very kind of you, but remember: It's not just length, it's girth!

How true! Sad, but true. But the worst part still awaits: When we realize it was all for nothing.

I don't think GG actually meant to dispute the Arrow of Time or Entropy or anything like that. He was just demonstrating that a simple word like "time" can mean different things. Just like "seven days" in Genesis don't mean seven apparent revolutions of the stars around the sky as viewed from...

You didn't say "bet" in your first post. But since this forum is about trading, I should have assumed that. My bad. Ok, since I seem to have lost in the "current events" category, let's compare dick size!

Way to go! Even the bible is with you on this one: (Revelation 3:15) I know your deeds, that you are neither cold nor hot. I wish you were either one or the other! So, because you are lukewarm--neither hot nor cold--I am about to spit you out of my mouth. You are definitely not...