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All loss aversion. You need to be comfortable with loss which means you also have to be comfortable with money and not have a complex around it.

Yeah but when you say "maximize profits" you're saying "home run" in this context. Plenty of traders making quite a good living on "base hits" and I'm simply targeting the upper channel edge here (on a multi-year 3 drive at that).

Rather have base hits. General market context isn't exactly bear-city either, so why be targeting home runs?

I've got resting limit orders in to sell AAPL longs at 160. Just look at the chart on the monthly time-frame.

Your subscription money.

London-NY Cocoa Arb (in $/mt):

Naked isn't the issue - it's how far out of the money that one is selling and exposure to gamma that is. The $PUT index is based on ATM 30-day puts with proceeds placed into treasuries. Last I checked it had a better sharpe than SPX.

Honestly, this one is more of an outright-in-mentality trade than targeting a specific spread. Targeting +10.

Long NY Cocoa UZ17 (disclaimer: has a lot of front-month correlation):

IMO heavy influence from EUR and GBP. It's no mystery why we see a desc wedge on DX and an asc wedge on 6E. The results of the French election will certainly remove some uncertainty but beware of hopping on early in a consensus trade if it starts looking that way. You know how these markets work.

I don't think you have enough sample size to write those off. I find ags to be more sane than metals and of the metals I prefer SI or HG. GC is schitzo unless there's big money piling in. Of all I think all should be swung. GC is a spoof shithole for intraday.

Might have opened the door but it's already a duopoly. This would just make it a monopoly. The result would be bad for everyone.

Look at the open interest. There's pragmatically none. You don't want to be trading these. If you're looking to take a view on CAD I recommend 6C futures on CME but I'm not sure the option liquidity is great there either.

Wheat? Corn? Anyone?

Tick data is just going to give you increased precision. It's not going to tell you if you could had actually traded at those prices - just imply it. Only the book data will tell you what is/was pragmatically tradable - either by hitting the bid or ask or assuming some known executable midpoint...

That seals the deal! Based on this anecdote the Canadian housing market has nothing to worry about and all the mortgage owners should be able to weather anything that shows up!

Or you could just trade the actual VX futures which VXX uses as it's underlying.

I'd say this is pretty false. IMO, straddles are safer than strangles for the same potential return and anyway none of this had anything to do with Leeson. He brought down Barings because he just kept adding to a losing position - total hail mary stuff that didn't work out.

Never traded there myself and I cannot see them reasonably stealing any volume away from ICE or CME over the long term.