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First thought was to recognize the meme, second thought was to recognize the irony :) LOL

By the looks and at this point I can't say more that that, he's obviously an OUTSIDE trader :)

The paradox of doing things right is that you only may get to do them so if you outlive a ton of ways of doing them wrong. Yet every software project I've ever encountered so far is built by people who haven't survived their first summer flu, yet winter.

If I work at a company and buy it's own stock on the grounds that my own actions would change the course of it's stock from plunging down to sky rocketing, is that insider trading? I'm only an employee of the said company and if I keep doing what I'm doing, the course may or may not be as...

I guess you're coming from C++ and trying to use operator overloading, there's no such thing in Java. Anyways, don't reinvent the wheel, use java.util.Collections.sort().

Look for "physical measure" on the Wikipedia page for https://en.wikipedia.org/wiki/Risk-neutral_measure Other than that Monte Carlo methods are definitely useful and as stated N times before, you don't need a PhD in math to make money with options. Not that not having a PhD in math is a sure...

I'm eating my hat if mlawson71 and El OchoCinco are not native English speakers!

Link says content is prohibited in my country due to copyright reasons. But searching on google for Glenary Glenn Ross, got this youtube link that works fine and is likely what you posted: Interesting scene, seems like a classic but I missed it somehow. However, a correlation was made when I...

Man, I've done (and published) custom option pricing models by applying Ito, I wouldn't have mentioned it if I wouldn't have a good grasp of it.

>> "By the way, anyone calling themselves a quant should know this." It's not an acusation, it's an observation. Most option traders here haven't studied the theory to the level, like ajensen put it, of Shreve's "Stochastic Calculus for Finance". And if they make money regardless, perhaps it's...

>> "Stop being so smug. It's unbecoming of you given you are trying to start a hedgefund on like $500". (newwurldmn) On almost every one of your posts you're patronizing and insulting me. I'm not interested in your opinions, you add nothing positive to the discussion. Stay out of my threads.

Well, if there are, I haven't seen them.

How to fake French when you can't speak it:

You also have to consider interactions between non Americans. Most people I speak English to are not British or Americans but still we need a lingua franca to interact with each other. For a while that was French, then German, now is English and it's hard to see a world where this will change...

Well that's the highest figure I ever heard from a non-native speaker (assuming you're not lying, even unconscious to yourself, like confidently checking the box next to words like supercalifragilisticexpialidocious). Some Dutch guys I know got in the 17,000 but Dutch all seem to speak English...

Who cares, as long as you make money?

In quant terms, professionals bet on the "risk neutral measure" and the retailers use the "physical measure". Ajacobson's example is an example. You can equate "physical measure" with "stock direction" and "risk neutral measure" with "volatility". Two problems: 1) Stock direction is way more...

It seems to me like the crowd here is quite different from the one at Wilmott or Nuclear Phynance, another two reputable forum for finance industry. Those forums are definitely filled with quants, who are no stranger to terms like "Geometric Brownian motion" or "Itô's lemma" or "ways of deriving...

I did look very briefly at them some 2 years ago and did some test trades, liquidity was shit.

For fun and statistics if some of you are willing to take this test, please post your results here. I'm more interested in how much non-native English speakers are scoring, but just to confirm the figures claimed on their site, if you're a native speaker please don't be shy to post your results...