Search results

VN talks philosophy but given his history of writing naked options in size he seems to me to be simply a gambler. I seem to remember he busted out twice since he ran good sized money. It's one thing to bust out taking big risk to get "there" but, once you are there, most smart traders opt for...

I'm not suggesting you shouldn't execute that way. I'm only suggesting that what you are calling slippage is not. You are "lifting the offer" on the buy side and "hitting the bid" on the sell side. Both perfectly fine ways to implement a system where you must execute ... in fact the only way...

No ... they are not the same. When the market is 47.25 x 47.50 the tic is spread. When you execute an at the market buy into that .25 x .50 market and you don't get your fill at .50 (or a better example is when I have a buy stop @.50 -- which becomes a market order -- but get filled @.75 or...

It was pleasure. I had no business in Louisville.

Stock, I think few would disagree that bitcoins are insanity. But I think for those that can deal with the counterparty risk the propensity for it to move and the arb potential make it tempting. I'm probably not even going to experiment with it because it seems like it will be so damn much...

I spent four or five days a month there for almost a year. Ran into no evil whatsover but, then again, I wasn't seeking any.

Ahhh .... a sample of one to prove a point. Brilliant!

Yes, compassion has been played upon by many in organized forms of begging and is deplorable. In "the travelers" example he called the two 10 year old girls, without linking it to a gang,"corruption in its purest form" with seemling little distaste for a thieving billionaire. Those that...

Slippage or spread, Quant?

You may be confusing slippage with spread. Small order (under a 50 lot) rarely get slippage in ES during RTH.

Have you learned nothing in your travels? To even mention these poor girls in a thread discussing the criminality of this billionaire thief is incredible. Do you really think what may be both an act of stupidity and desperation on the part of these girls is truly "corruption in its purest...

Your posts seem to reflect a belief that you can add up supply, subtract demand and come to an equation that will tell you about oil going up or down. While I don't think an Israeli strike will goose the price of crude much, if at all, the destabilization of a region can produce enormous...

Better expectation at least regardless of the outcome.

Only those with enough skill at procurring good advice will get good advice. If you hire idiots you will get idiot advice. I would think that pretty obvious.

Some guys like whiskey, some guys like women or fast cars. Some like all three. My guess is Charlie likes business and it isn't work (as most perceive it) to him.

Your reluctance to obtain even a modest amount of paid legal advice reflects how little value you put on your effort. Clearly they want ownership rights and while comintel's comments seem to have a great deal of sound thinking behind them you need more. You are clueless as to contract law...

As a general rule activities that help create value in a marketplace should be encouraged and those that only exploit the tiny anomolies discouraged. I think the specialist systems made a few guys overpaid but did have value in the day. What HFT does for the marketplace is a mystery to me and...

Historically the derby has been a tough race for favorites. The field is nearly always large, ridden very aggresively because the tradition is for the stewards to object only to a homocide (if that). If you like a long shot to win it the nature of the field and the hesitance to take wild...

Thanks, Kid. Just wanted to use it to provoke some comments. Of course I'll check specifics.

It's a fortune.