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OK, I didn't realize you could name the account anything other than the digits assigned to the account vs. "Russell2K" as shown.

You've been very consistent, but how realistic is their demo? That's CTS, correct?

lol right. Sells the strangle for $6 and the puts go to $13. At least she made a bit on the calls! There were guys in the '87 crash who lost on OTM call vola when the market crashed.

20 now.

Seriously, you have to be the most perfect edge in our lifetime. It's uncanny that you can be wrong this often. You're down 17 on your call.

Got to -10 or so. Missed my long.

There was a guy in Chicago who had marketed a three year gain of ~250%. The gain wasn't organic; it was simply his increase in AUM due to adds. He literally took the growth in outside money and replaced the x-axis header with return on capital. Somehow it passed some superficial audit. The guy...

These types don't differentiate or make value assumptions. They simply sell the vol on the rollover via exp or stop loss.

FTW. Now he's searching my recent posts. http://elitetrader.com/vb/showthread.php?t=277349&page=99 Sit down before reading.

You can't hedge speed (3rd order) with spot, obviously. So it goes for anyone selling naked or with wings. You need optionality to hedge this things or your hedge becomes the primary position when things go sour. You can sell condors as long as you don't scale, but then what is the point of the...

Yeah, well no long stock strat with an OEX bear risk-reversal is going to earn in a mkt down 6-10% on the month. Anyway, it's moot as the guy had no positions. The Greenwich Fairfield docs were ridiculous and it would've failed within months if any true disclosures had been made. I'd like to get...

Amen. Lots of people knew that Madoff's "named" strategy was a "split-strike conversion" which is nothing more than a long call vert (he was supposedly long stock). Of course the guy was making money throughout the crash in bull verticals lol. Simons from rentech had some exposure to Madoff...

The last time I heard she was using D1 to hedge via ES. I have also heard that she is not registered and holds the funds commingled in an LLC account. Prior to that the managed funds were simply in her personal account at TOS. Not much of a difference. Regardless of the moronic strategy, it is...

There is no way to fix your mistake other than to own up to it. NO, you do not need to build the opposite IC and bid to close the position. You have no credibility. Watch the webinars. And next time simply hit the bid to close the IC.

I have accounts at both. I can build a complex order slightly quicker in TWS using their template. TOS has a broader range of positions within their template, but it builds positions only up to four strikes wide, so I still need to manipulate the strikes in TOS. TWS allows you to post PNL on a...

Hit the bid to sell, lift the offer to buy. Maybe IB can put a disclaimer on the quote page. Or perhaps ppl could own up to their stupidity. 600k clients must see some utility in it, once they learn what the bid represents.

You stated you had to build the opposing position to close out a condor. You are still running your mouth while never admitting your ridiculous error. Yes, TWS is more complex. You will never see the light of day with your head shoved so firmly up your asshole.

You don't pay for real-time Globex? The IBM/HPQ spread has moved sixty cents since Jan1. A spread that requires $22K per lot to buy under RegT. Obv much worse to short. So catching the QUARTERLY ATR has netted 0.3% on margin req.

any impulse lower will be bot as the outcome has been predetermined (yes to secession) and is in the mkt. Buy the futures at -12 on the reaction.

I will keep my word and not respond to the guy. I spoke to an individual at the NFA after said individual had reviewed the website and the posts to this thread. I am not going to quote the individual here, but if bone thinks he is compliant then he is nuts.