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  1. bone

    Is price action trading the most insightful(& most accurate)?

    If you read PT Jones interviews you'll find that he relied much more upon fundamental analysis - namely, time honored principles like historical stock valuations than he did EW Theory.
  2. bone

    Is price action trading the most insightful(& most accurate)?

    Elliot was a wave count practitioner. If you want to get your ass run over - make trade entries based upon either Elliot Wave Counts or Gann Lines.
  3. bone

    China-US: Who has performed better

    Don't conflate US stock market volatility with a unilateral opinion that China is winning. China has PLENTY of major problems. The EU filed a huge Intellectual Property Case against them in 2018 with the WTO. The US Treasury has filed a currency manipulation case against them with the IMF...
  4. bone

    Circulating In China's Financial System: More Than 200 Billion In I.O.Us

    Both sides are terrible at spending money frivolously. If you see everything in the light of political talking points then that's unfortunate. I've come to the realization that citizens have become more accepting of political talking points as reality than the actual politicians spewing forth...
  5. bone

    Is price action trading the most insightful(& most accurate)?

    You take the very best risk vs. reward setup you can model. There is no "predictive" capability by man or machine.
  6. bone

    German Bond Futures - Which one better for daytrading?

    New Zealand cut 50 basis points today. Bold Move.
  7. bone

    Today is a good day for China.

    So let’s summarize - today Beijing warned Hong Kong that the Chinese Communist Party is running out of patience, the protests are only increasing in resolve and magnitude, it’s been reported that mysterious white masked enforcers are beating up Hong Kong protesters (Tiananmen Part Deux would...
  8. bone

    Senate Banking Committee Chairman: US unlikely to ban Bitcoin

    I think the real problem will be when monopolies like Facebook (or maybe even monopolistic behaving Companies like Amazon) try to float a cryptocurrency. There is NO WAY the US or EU would go along with that. It's probably also prudent to assume that while major Countries may not be able to...
  9. bone

    Trading partner Everett, WA

    Gosh was that ever the hard truth in the late 90's. Big time. I've run into so many people that made and then lost fortunes in the tech bubble. (or lost the money after the tech bubble - mistaking a one-way market and one-way volatility for trading expertise under other circumstances)
  10. bone

    Today is a good day for China.

    Feel free to quote any news service in the world other than the CPC. https://www.nytimes.com/2019/08/05/world/asia/hong-kong-general-strike.html Hong Kong Strike Sinks City Into Chaos, and Government Has Little Reply The Hong Kong Chief Executive disagrees with your downplayed 'tempest in a...
  11. bone

    Are floor brokers past history?

    Ancient history.
  12. bone

    Today is a good day for China.

    Maybe by you but I'd wager Nassim Taleb would not see this unrest as an unforeseen outlier. Plenty warned of it - most notably the British Diplomatic Service were quite open and strident in their warnings to mainland China.
  13. bone

    Today is a good day for China.

    Ya think ? Flights cancelled, City paralyzed, City-wide Strike, size and strength of the protest participation growing by the hour... https://www.cnn.com/asia/live-news/hong-kong-strike-protest-intl-hnk/index.html
  14. bone

    Today is a good day for China.

    Good grief man - have you even bothered with the events in Hong Kong? China has got a full on revolution on their hands... "What started out as an unexpectedly large demonstration in late April against a piece of legislation—an extradition bill—has become a call for democracy in the...
  15. bone

    Please help me, option market making risk return, thanks

    I sincerely hopes he gets it, and btw legitimate OMM is NOT 'making allocation decisions' or 'taking on risk'. Best case scenario he's adding or subtracting to his hedges to adjust for delta changes.
  16. bone

    Trump Announces 10% Tariffs on 300 Billion!

    Your original premise for the trade - comparing US yields to Greece; was wacko. Big moves against your original TY position so you add to it :banghead::caution:. Look at the 2016 highs in TLT - and the Fed just had it's first rate cut in eleven years. By your logic you should be shorting EU...
  17. bone

    Please help me, option market making risk return, thanks

    You aren’t going to be “taking on risk” and “making allocation decisions” straight out of school. Seriously. Get a grip. You have to work your way into those situations. You have to earn the confidence and trust of the firm principals, and above all - you have to learn the considerable...
  18. bone

    Please help me, option market making risk return, thanks

    There’s a fine line between ‘audacious’ and delusional. No one is going to hand some fresh faced kid with no obvious options trading experience and straight out of B-School $15M and let him manage his own options market making book. To be able to snag an analyst job at a major trading desk...
  19. bone

    Please help me, option market making risk return, thanks

    Booth or Kellogg ?
  20. bone

    Please help me, option market making risk return, thanks

    Where are you going to school?
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