Search results

:D And if you find the right leverage, just do it once a year. :wtf: (OP, the Word Of The Day here is, expectancy.) ;)

You are posing a very incomplete question. 3-5 ticks per trade? That's *your* desire -- it's got nothing to do with reality. Trend strength; reversal frequency; ATR; and then your choice of TP and SL -- these will give you your time-in-trade. Your time-in-trade will give you your tick harvest.

:banghead:

How would you trade this? I would certainly start with something that I could not match with a 50|50 fair coin. Then I would post 1 relevant graph -- one with both x and y axes labeled and enumerated. If I really cared about my ET friends, I would run a simple correlation on each of those...

Great thread, y'all. :thumbsup::thumbsup::thumbsup:

A couple of points at this juncture... • Most posters seem to be conflating "Technical Analysis" with 'price action' charts. • 'Price action' charts will show so-called 'pattern' failures again and again and again. Just put up a chart, cover the screen with a piece of paper, and then 'reveal'...

You *are* recreating the wheel, and while that is usually thought-of as a "bad thing" -- YOU will learn this stuff backwards and forwards -- AND learn it's not magic at all, just common sense and some stuttering MAs... GOOD ON YA.

No. Buying the existing short call spread back would allow the math suggested to work.

Reminds me of a cartoon that I've looked for numerous times, and never found. It shows some speaker-guy up on a stage, standing between two easels -- one of which has a drawing labeled "Ass" and the other a drawing labeled, "Hole in the ground." The speaker is holding up his finger as if to make...

"When the study was over the blind cats were left in a fully lit room. Forty-eight hours later, all were effectively normal, regaining their “vision” and learning how to match the world around them to their movements. Eight weeks of seeing their world taught them virtually nothing. Two days of...

It's be great to do all of that options stuff without worrying at all about the 'business' itself -- *that* would be sweet trading. For sure, for sure. Just ONE magic stock....NO research at all.... How could we do that?

What happens if you go $4.95? What you are looking at is history. 8,000 years ago, it was way too much work to put fine dilineations the various stock, future, commodity, or index prices -- fractions of 1/4 were just fine. Things went to eighths and sixteenths and more -- and of course...

I use CNBC as a barometer: "news" means stress and angst and increasing vol. "fluff" or opinion or golf or cooking recipes or the latest designer whisky means calm, optimism, decreasing vol. The noise *is* the signal, and just by listening (a'la 'sonic wallpaper'), you can tell whether the...

"Right click" (from anybody's trading platform) and you should have a summary sheet pop up stating American or European option, or describing the precise date/time of expiration and what/how ITM options expire into (whether cash, stock, physical delivery -- various terms). Outside of equities...

My knee-jerk reaction (aside from eating the loss as per Robert Morse' advice) is to open two $5 verticals at $2.50, put the $5 back in your pocket, and let things play out again. The worst that will happen is that you'll be on the hook for the $5 again. ((For example, open $290/95 calls, and...

Hey look! The Gutless Wonder has crawled out to play. Still lacks the testes to present itself honestly, though. A shame, but understandable -- sunlight blisters wickedly. I guess it ran out of shy transvestites to bully in front of its offspring. Meh. At any rate.... Anybody remember...

Total fiction, nothing at all to do with reality. Look up Zero Sum Game PLEASE. https://www.elitetrader.com/et/threads/how-prevalent-is-quant-knowledge-among-the-option-traders-here.327487/page-4#post-4768478 PLEASE EVERYBODY, DO SOME HOMEWORK...

When you bought the security for $10.50, you forked over that much in cash, and accepted that much in the security. You gain was zero. The other person gained $10.50 in cash, and lost $10.50 in the security. $21.00 worth of stuff arrived at the table. $21.00 worth of stuff left the table. What...

This has nothing to do with a zero-sum game. This has to do with Price Theory: if both parties were fully informed and under no outside pressure to buy or sell, than the price of the orange was first $1, and second $2. End of story. Prices change, y'know.

Nothing to do with the definition of a zero-sum game. ZERO to do with a zero-sum game. Maybe you should work out Trader Curts oranges/dollars scene above. (Regardless of his subsequent errors, the example is colorful.) If $100 of orange futures arrive on the offer, and $100 of bid arrive to...