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  1. tommcginnis

    A lie or ignorance

    "Nailed it."
  2. tommcginnis

    A lie or ignorance

    Yep -- I went to Rochester and saw the academic snootiness first hand. I took my stat in (pure, sacrosanct) political science. Many classes were in econ. ("Ew! They use numbers!") The *worst* was where the numbers had dollar signs -- finance. I didn't get it then, I *surely* don't get it now...
  3. tommcginnis

    Is There A "Do and Don't" List For Option Trading?

    Wow. Wowie wow wow. It is *amazing* what crawls out when you lift up the Crazy rock.
  4. tommcginnis

    Is There A "Do and Don't" List For Option Trading?

    Well, one thing from your prior trading that transfers over right here: liquidity. Unless you want to hold to expiration, yeah: do *not* get into something that'll cost you biggly if you want to get out in a hurry. A second, more subtle thing: work the major strikes. (Look, for example, at an...
  5. tommcginnis

    Are Options FIFO?

    Damn! I'll bet there's a mean theta on 'em, too. I'm always so late to these things.....
  6. tommcginnis

    Are Options FIFO?

    Jeez, speedo! You've been here longer than me! And now I observe you've got 773 Likes!!! WOWzer! So, like, you've been garnering them since 2003?!?!? I never posted much before this past Christmas/NewYears -- had ~80 posts before that. And no likes. I just never thought about it. Now, with a...
  7. tommcginnis

    Are Options FIFO?

    And the *answer* to your question is that there were always "likes" but the likes went to the post (and stopped), not to the poster (to accumulate into an ego-inflating super-balloon wrapped around your head). So, the posts you read were old old old. Hence, no "likes" to the posters. (That's my...
  8. tommcginnis

    python: stock market fractals vs log-normal distribution

    E(u) = 0?? Remember that Mr.s Durbin and Watson are slapping your study around a bit. Get your "I.I.D." in order before you cure anything else.
  9. tommcginnis

    Is There A "Do and Don't" List For Option Trading?

    :thumbsup::thumbsup:, :strong::thumbsup:
  10. tommcginnis

    Which country you see as biggest threat to World peace

    The humanitarian in me is *very* sympathetic to the thought that numbers don't measure all, but the scientist in me replies (with complete dispassion), "Numbers is the best we's got." So, number-wise, should I remark about global expected life-spans over the past century? Should I remark about...
  11. tommcginnis

    Is There A "Do and Don't" List For Option Trading?

    If you're just getting into options, there is one thing that gets served up *all* the time -- and is so grossly inaccurate: theta decay. Most of the time (>90%?!?), option decay due to time is portrayed like the ATM (red) line above. Understanding that OTM options decay almost linearly, AND...
  12. tommcginnis

    Which country you see as biggest threat to World peace

    Not in China, Vietnam, India, Mexico, "Former Soviet 'Satellites'", nor in the United States, where foreign-branded automobile factories make and export products including Subaru, Toyota, BMW (largest?), Daimler, Honda....... https://ourworldindata.org/economic-growth
  13. tommcginnis

    Cool trading related pictures

    Eh. Cheating. Too obvious. ("Well, it *would* make a great pommel for a snazzy cane, anyway!")
  14. tommcginnis

    Cool trading related pictures

    The most scary thing here?? The size of the parking lot. That's just *freaky* small. Bet they're all hooptie cars, too.
  15. tommcginnis

    Cool trading related pictures

    What is that, speedo?? I'm guessing it's the pommel of a cane. Am I close?
  16. tommcginnis

    Which country you see as biggest threat to World peace

    Your responses read like you wish for constructive engagement through volpri-esque isolationism. Either way, I've posted my thoughts. And thanks for sharing yours.
  17. tommcginnis

    Which country you see as biggest threat to World peace

    If you're saying our execution has been piss-poor, I'd be agreein' entirely. But that's not the sort of non-engagement/isolationism that volpri was pushing.
  18. tommcginnis

    Cool trading related pictures

    Sweet! Hey, FYI: "First edition of this classic guide to speculating in the stock market. During the 1920s, Boston Herald financial writer R.W. McNeel gained a reputation as one of the country’s leading authorities on the stock market. In 1922, McNeel left the Herald to start a stock market...
  19. tommcginnis

    IB API HOWTOs and Guidelines - For Beginners

    Along with the Mosaic format, you might go with an original TWS session. There may be telltales there that can aid you before you go to Manage Data Subscriptions and start feeding money into it. It would just take a second.
  20. tommcginnis

    Bit performance analysis

    Webinars. Hurry.
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