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  1. yc47ib

    ES future expiring contract options settlement

    For who had experienced this, a few questions, thank you in advance. I have a long position in the December 19th expiring ES contract (the one still trading in smaller volume than the leading month contract), and I want to sell a call option that expires on December 20th (say 3195). I still see...
  2. yc47ib

    Trade deal seems to be "fake"

    Expecting Vietnam or any other country to absorb the capacity of Chinese manufacturing is like moving all the tech companies to Mexico and expect them continue to prosper. There has been more than 30 years of built up of skill sets, human capital, infrastructures, etc that cannot be duplicated...
  3. yc47ib

    Trade deal seems to be "fake"

    "legal review and translation proofreading" will be seeds for changes and delays, it could be a few weeks, or a few months, or never.
  4. yc47ib

    Dest's "Trade Against a Pro" Trading Challenge

    Thank you @Bum. That makes sense.
  5. yc47ib

    Dest's "Trade Against a Pro" Trading Challenge

    Well, I recall Dest mentioned that if there is a big drop, he will also benefit; however, apparently he did not plan for big jump. I do not know whether I understood correctly. " Dest's "Trade Against a Pro" Trading Challenge The vol where it is... I don't think I'll be able to bust $30K in...
  6. yc47ib

    Dest's "Trade Against a Pro" Trading Challenge

    bought 2 3120 put, sold 3 >3130 put, sold 1 <3110 put?
  7. yc47ib

    Dest's "Trade Against a Pro" Trading Challenge

    Dest "bought 5 lots of" "231P fly or a 132C fly", "neutral to SPX 3130", so I assume for each lot, he bought 3 SPX 3130 puts, sold 1 lower strike puts, say 3110 or 3120, and sold 2 higher strike puts, say, 3150. Alternatively, he could have bought 3 SPX 3130 calls, sold 2 higher strike calls...
  8. yc47ib

    Dest's "Trade Against a Pro" Trading Challenge

    By following your post for a few months, I understand you trade both futures and options flies against the main support/resistance of the underlying (ES) as your main method in this week's attempt. If you can give a bit more details on the strategies used, support/resistance as you see it (I...
  9. yc47ib

    Passing the computer snappy scalps only

    It could work perfectly until you get a 10 point move in literally 3 seconds (as seen multiple times even in the peaceful months), when your stop limit will not work and your stop market order will give back prob. the profits of previous 10 trades altogether, this is especially damaging...
  10. yc47ib

    Huge Bets That Gold Could Triple to $4,000 Trade in New York

    Buying OTM call, getting a 5% return on the money spent in a month or so without much time decay, and unload them using structured ways, I assume this could be a very low risk trade if the buyer is very confident that gold will rise in the next month or so. This is not gambling, this is a good...
  11. yc47ib

    TechLead - Midlife Crisis

    Tech leads in Google earn a salary of half Million a year. Do the math. I live in Mountain View, cost of living is not that high, maybe 100k a year for a family of four.
  12. yc47ib

    Is OIL SERIOUSLY undervalued right now??

    If your correct first target 58.23, second 60.22, then it can go higher or lower, not of concern now
  13. yc47ib

    Where are the bears?

    Mathematically it is possible, but not in today’s overabundance of capital world
  14. yc47ib

    The regularity of the price model in combination of time - volatility

    I love this image, I will surely put that on my desktop and have all the predictions in mind and see how prices unfold. Thank you for sharing. Best of luck!
  15. yc47ib

    Day Trading $30,000

    It is that simple, that only less than 1% of the people who ever tried can do it consistently.
  16. yc47ib

    Day Trading $30,000

    You are not trading correctly if you have 7 digit and cannot make 10k on average daily.
  17. yc47ib

    Any advice for a soon to be full-time trader?

    Sir, you are an honest and successful trader, from reading what you do!
  18. yc47ib

    Any advice for a soon to be full-time trader?

    Adding my two cents, 99.9% of the times you do well following your discipline, it is that 0.1% time that you will blow your account. Take care of that 0.1%, no matter what is you way of doing that, you will be fine with 15k account, otherwise, 150k will not help. Best of luck, even though this...
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