Search results

You obviously do not trade options often. He bought 197 spreads for 0,46 each because he aimed for 9000 USD position.

Well, obviously "tradelosses" can't make a living trading options so it is always easier to persuade oneself with "if I can't do it - nobody can". Wonder if he can make a living playing any professional sports... No? In this case I guess nobody can.

You are talking to hedge fund crowd here. They are not interested in buying options due to different risk profiles and limited liquidity.

It is not about options. It is all about portfolio performance/risk. On the contrary oftentimes it is difficult to properly calculate sharpe ration for options portfolio because they are non linear.

Robert, every naked shortseller says he understands all the risks until he doesn't.

hmm... 200 mm under management, selling naked ES options, two bad months in 2015... Probably a client of Lightspeed. Looks like Karen The Supertrader to me. lol. Who else does it on such a scale after Victor Niederhoffer? The end result is always the same.

Nassim "Black Ego" Taleb. I love his books though. But every book is full of these "this idiot, that pseudo intellectual" it gets a bit tiresome. Maybe it's better to write a book "All economists are losers, I'm The King of Kings" and get done with it once and for all? I mean I love, love Taleb...

Quadruple bachelor dragonfly hedged by married puts on binary options on annual winter Groundhog event and double hedged by a certified local palm reader (female) - former voodoo pro.

I mainly trade options on binary options (binary triplets). Why? Because I think recursion strategies are the only game in town.

You sure understand ALOT, my discerning friend.

That is exactly my view. True.I also think that profitable traders should be aware that not only their strategy can easily be stolen but themselves too! What for you may ask? To work for some ruthless prop trader Russian mafia boss somewhere in the middle of Siberia. So a profitable trader has...

Every noob trader is afraid someone will steal their trading system. That is nonsense. Because nobody wants to lose money. Groundhound day. Rinse and repeat. "Hey, guys, looks like I have found the Holy Grail papertrading ES futures. Now my only problem is that I'm afraid somebody will steal my...

Bravo! I'm happy to meet another true scientist here! At last. You can call me by my previous life name by the way. Nostradamus.

I rely on established astrology techniques to predict what insiders are up to. Jupiter and Pluto movements are of utmost importance here. So a bi-weekly planets positions screening is nesessary. And I never trade on Haloween. That is my edge. ps Last couple of months I even started to...

It is rather that your stat models have to convince you that the risk/trade has a positive expectancy. Risk is just a deviation from an expected return - it can be either downside or upside. Upside risk is very convincing, yes. lol

All I can reply with: E=mc2

Couldn't said it better. Nice.

Understanding future volatility of a stock based on it's assumed current underestimation? Wow, that is indeed some wizardry! Bravo. If you have your rationale coded in math models I'm sure GS would be happy to look into it just as any Quant House.

Exactly. But when people start asking very general questions about stock strategies/rationales behind it - I can reasonably assume they do it because they want exactly to replicate it (if it is successful). What is the point of understanding a strategy if it is not successful - we all already...

Well, if you can understand specifics of a neuro surgery or a rationale behind options strategies without first going all the way through Med School or spending years in the market and what is important - your level of understanding implies you can repeat these things by yourself knowing exactly...