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Sure. As a general/non-mathematical treatment (but a rather good description of options trading on the Dutch Bourse nevertheless): amazon . com/Confusion-Confusiones-Portions-Descriptive-Amsterdam/dp/1614274517 (Posting this with spaces in the URL because the ET editor converts it to an...

The overall point is that the statement that quants don't understand price distribution is a laughably-ignorant thing to say. Joseph de la Vega described how the Dutch options traders priced them in the 1600s, and they were aware of fat tails even then. But blithering about how Those Evil Big...

Just on the principle of Hanlon's Razor, describing new traders as "lazybutts" is most likely to be false as well as unnecessarily unkind. Many of them have been lured into trading by all sorts of wild promises in the first place... it's not like they know any better. Ignorant to the point of...

For $50, it's a fairly certain bet that you're just going to lose $50. But outside of that - how would you know which of the thousands of these "systems" will work, and which is just a complicated-sounding way to lose your money? I suppose you could buy half of them and hope that at least one...

I'm not at all in favor of giving your money to "gurus" who promise that you'll make a million in five minutes starting from a $5 account, but I'm not sure that the above is 100% accurate. If you have a strategy in, say, SPX that takes a month to run, you could make a bunch of money selling it...

And here I am having just covered about half of my short vol about 10 minutes before I saw this. Hmm, wonder how many interesting trades I can find in the next couple of hours?

" I can no longer sit back and allow communist infiltration, communist indoctrination, communist subversion, and the international communist conspiracy to sap and impurify all of our precious bodily fluids!"

I've had a Wally-world employee get confused about which card they were supposed to return it to, and since I couldn't remember which one I'd used originally, they simply issued me a gift card. The "visa from another customer" story doesn't sound plausible.

I could try to be nice, but that wouldn't be at all useful -so I'm going to tell you the truth. And I guarantee that you're really not going to like it. Selling a naked call without understanding what you're doing is one of the dumbest thing you could possibly do in options. I'm not saying that...

Yes. Same if vaccine is coming.

When I was working at Hughes Aircraft, I was a member of Local 1553 (Electronic and Space Tech union); didn't even know such a thing existed until I had some trouble with management and a fellow lab worker clued me in. They got that little problem straightened out in a New York minute. But when...

They'll all be let go and be replaced by a single minimum-wage clerk whose job will include supervising 50 robot teams (essentially reporting on breakdowns.) Why would it cost the company more? Were Edison's light bulb shops required to employ the coal lamp lighters that they displaced?

Yeah. And you're still missing the point - which is something like 99% of what you need to get your seed capital. You keep hammering on about this amazing technical miracle you've created... have you noticed that, somehow, the world has failed to beat a path to your door - even though you've...

You can't be a Virgo. They don't believe in that astrology nonsense.

Oh, no upset involved; just an opportunity for me to amuse myself at his expense, and an improvement in my noise-to-signal ratio when reading ET. But I appreciate the good wishes, @ironchef!

If they do the slightest amount of research on you, they will. And you can bet the pennies you do have that they will know what color your underwear was on your third birthday and what your embarrassing nickname was in school - before they give you any significant of money. Just FYI: anyone who...

Since you clearly don't know how to read or write English, I'll spell it out in Moron: You're a primitive caveman, with zero understanding of technology who is scared of the Big Bad Machine. Also, human language - which you don't speak - contains implications. No, you didn't SAY "abou evil and...

You're assigning some kind of impossible perfection to the human driver, and some sort of evil, or at least "machine-like" motivations to the autopilot - neither of which make the least amount of sense. Humans panic, react too slowly, freeze, do the wrong thing for a variety of reasons, or...

Also, there's no such thing as "negative" electricity. You have a source of electrons and a sink for them; "positive" and "negative" are just convenient (and unfortunately misleading as well as incorrect) labels.

Hey, .sigma - you sure about crude going negative? Or was that just the futures contract on it? :)