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    SHORT Walmart? "Loughner Bought Bullets at Walmart"

    As I said, one among hundreds... And they all show the correlation between availability of firearms and homicide number. I'd like to see any statistical evidence of the contrary. Ninna
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    SHORT Walmart? "Loughner Bought Bullets at Walmart"

    http://www.uphs.upenn.edu/ficap/resourcebook/Final%20Resource%20Book%20Updated%202009%20Section%201.pdf (One study among hundreds that reach the same conclusion). "The correlation between firearm availability and rates of homicide is consistent across hig income industrialized nations...
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    Contract Agreements & High Water Marks - Advice

    My advice: pay for a very good lawyer to write that contract. It's money well invested. Ninna
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    should good traders be good poker players?

    Not correct. You have the opportunity cost. Blinds and trading costs are both constant negative bias on your equity. That's why I compare them. Whether you pay for the bias before or after entering is irrelevant as both the trading system and the poker system can account for this and...
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    If your day trading profit is more than your day job, will you quit your day job?

    I would trade other people's money. That's where the real money is. Trading your own money should remain a hobby in my opinion. You shouldn't trade money that you can't afford to loose, because if you do, trust me, you'll loose it with high probability. Ninna
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    should good traders be good poker players?

    Playing only extremely high quality hands is not the only way to stack the odds. You can have a positive expectancy system that plays (almost) every hand. Ninna
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    should good traders be good poker players?

    It is a non-issue as it can be accounted for in any poker "gambling" system. Beside you pay fees and slippage to enter the market. Ninna
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    should good traders be good poker players?

    The main difference between trading and poker (as far as I'm concerned) is that for poker the distributions are known and stationary. The second main difference is that I usually don't carry sunglasses when trading :D Ninna
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    pointers to more active forums on options?

    What kind of information are you interested in? Mathematical models/developments? Ninna
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    Anyone has experience with DeepDiscountTrading.com ?

    The name alone should give you a hint of the quality of the service... Ninna
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    Celebrities now infiltrating the stock market

    Pump and dump schemes are illegal. Ninna
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    HowardCohodas Index Options Credit Spread Trading Journal

    A not expected 40% loss would be considered a blowup for any institutional hedge fund. You are obviously taking huge risks. I wouldn't trade something as risky because I'm looking for consistency and low drawdowns. But my objectives might not be representative for all traders. How many...
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    HowardCohodas Index Options Credit Spread Trading Journal

    Because theta is priced in, obviously. I think that you need to learn alot about options... Ninna
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    HowardCohodas Index Options Credit Spread Trading Journal

    You need to understand that options and spreads are instruments. They are tools to achieve your goal. An IC is not a strategy. It is a tool. The IC tool allows you to play IV. The source of your positive expectancy comes from better forecasting IV than the market, not from the IC itself...
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    HowardCohodas Index Options Credit Spread Trading Journal

    Or you blow up. There's no free lunch. If you have that kind of returns you're taking a huge amount of risk. Ninna
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    HowardCohodas Index Options Credit Spread Trading Journal

    Being negative vega in itself doesn't guarantee positive expectancy. When IV raises you loose money, when it falls you earn money. But markets are mostly efficient (especially when it comes to index options) and short or long vega have the same expectancy. Beating the market consistently...
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    HowardCohodas Index Options Credit Spread Trading Journal

    You can start with this: http://www.investorglossary.com/risk-adjusted-return.htm http://www.investopedia.com/terms/r/riskadjustedreturn.asp Selling IV is one of the hardest way to obtain positive expectancy in my experience. It requires very deep understanding of the market mechanisms and...
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    "Cut your losses short and let your profits run"

    Stops hurt strategies. We have conducted a lot of research on this. I would be very interested in anything that would give a clue of a specific strategy not hurt by stops. Anyway, "cut your losses short and let your profit run" != "use stops". It's a common misconception though. Ninna
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    HowardCohodas Index Options Credit Spread Trading Journal

    Since that 20% is on capital at risk it is actually low return. If you have proper money management (rule of thumb, risk 1% of your account per trade for example) then your actual return is 0,2% over 60 days. By your measure, a trend following strategy for instance with a modest 1:3 has a...
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    HowardCohodas Index Options Credit Spread Trading Journal

    No, they have high probability of low return. The r:r is very low (as you explain in your example) therefore the probability of success is very high. Are you reporting your returns as percentage on the capital at risk or on the total account size? Ninna
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