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That's a terrible analogy. If you can double your money in half an hour, you can also lose half of it in half an hour. Higher speed as you call it, just implies higher volatility of the price. Remember options are zero-sum. Options are great for structuring risk, investing in vol or just for...

Lloyds ATMs stop working? ES @1400 within EOD

Wow this is brutal. VIX up 25% in two days.

OK so you look at the offers before the open then buy / sell based on that? So if there is heavy liquidity on the bid you buy it up then sell after the open? If I got it right? And if there's lot of liquidity on the ask you sell it?

Thanks, that clears it up a bit.

Not sure I understand this page. How do you participate in this?

Anyways, dont believe any youtube videos on options. Options are very complex, and they are a zero-sum game. That means if you make money, someone else is losing money at that moment. The financial market for the most part is very efficient and there is no such thing as making huge profits fast...

Thanks I see now that options are only used to hedge deltas (thetas neutralized). I was confused by the idea of an "option hedge" because usually that means worst-case scenario / tail risk hedging. Still not sure I understand the order cloud concept. I was under the impression that an...

Thanks, I've read the G-BOT page with interest. Two questions however, you mention using options for a "memory full" stoploss, but here there is a time decay and often negative volatility risk premium which means you would be losing on theta. Does the program account for this? Also, in the...

Which instrument are you trading these on?

You sound like a stand-up guy with all your priorities in check. Also, read this: http://en.wikipedia.org/wiki/Full_stop Protip: you're allowed to use more than one per paragraph.

Right. Markets don't usually go from hard charging bull to plummeting bear without plenty of fair warning. The ZH-crowd seems to think crashes come out of nowhere. Large crashes at least, never do. Anyways, if you believe the economy is inefficient, then you are welcome to underwrite the...

Losing your dog is substantially different from losing your money. Dogs are unique, whereast money is not. Dogs are differentiated products, whereast money is not.

Very interesting, but still not sure if I understand this system. My understanding is that you do not take losses, but rather hedge them with correlated instruments and wait until price comes back your way to close the position for a profit. Is this correct or?

Anyone with ambition should be aiming for at least 200-4000% return per year, and that's in the low range. If you can't make 100x the S&P you need to find a new forum bro.

Therein lies the key. The best thing a young person could do today is not an education, but to find a well-paid job, most likely a trade, work his ass off for 4-5 years, save as much as possible, then collect rent / dividends with the saved money. You could easily live more comfortably than the...

It's impossible to see who is using bitcoins, or what the transactions are for, so you can't compile statistics on it. However you can use logic and common sense to reach conclusions. Put yourself in the mind of a criminal, would you rather use a currency that is regulated to the bone in order...

Please see attached sheet (by Kevin Schmit) Get monthly vol from the chain, plot it in here and re-adjust the date. I'd say that making assumptions that monthly vol = weekly vol is a pretty broad assumption, but it depends what you're trying to accomplish.

I bet that percentage wise, there is a larger amount of criminals in Bitcoin than in USD. The incentive is clearly there, it makes it super easy for cross-country transfers, money laundering, black markets etc unlike any regulated fiat. In fact there was a whole online black market using nothing...

Nothing is permanent in the market. Traders, of all people, should know that. Also it doesn't make sense to say "You will never see that 1k again", because money has no product differentiation. 1k is 1k, no matter where it came from. If your profits the next day are 1k, then by definition...