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  1. tommcginnis

    What is Motivation in Trading?

    https://en.wikipedia.org/wiki/Frederick_Herzberg The opposite of Satisfaction is not DIS-Satisfaction, but NO Satisfaction. The opposite of Dissatisfaction is not Satisfaction, but NO Dissatisfaction. Good results will provide you with Satisfaction. Good profits will only deflate...
  2. tommcginnis

    IB banning opening new put option positions in GME

    So, nobody's heard of 'synthetics'? Do I have that right? :rolleyes:
  3. tommcginnis

    Buried in Reddit, the Seeds of Melvin Capital’s Crisis

    As usual, Mr. Overnight, sir: you hide your genius under a bushel basket -- along with the end of a hooka hose: Alllll those retail spaces..... Alllll those leases -- a whole *network* of established locales, each of which carries an intrinsic cohort of gaming users (now both male AND female)...
  4. tommcginnis

    I cant make trading work for me

    "Gimme a break." You are not the first one to post this sort of noise, but as a full-time trader, you are always struggling to put food on the table -- each and every day. (There are loud, odious, exceptions to that rule here on ET -- the ones who grow suddenly silent when their trades...
  5. tommcginnis

    I cant make trading work for me

    • Quit until you have a sufficient clue as to what you are doing, such that you can provide a detailed question about where you might've gone wrong. (You have not provided any detail in your OP....) • PAPER TRADE. Fergawdsakes. Get some consistency going before you go live. • EXPECTANCY is...
  6. tommcginnis

    Right and wrong trading goals. What are they?

    "Profit": wrong goal. "Profitable": correct goal. Always favor process over results.
  7. tommcginnis

    How can The Motley Fool claim a return with no sell signals?

    Motley Fool are pretty much the heart of HODL.
  8. tommcginnis

    Low IV = selling, high IV = buying?

    The phrasing smacks of Investopedia cuteness. :confused: But whenever an option contract is "sold", it is also being "purchased" from the counterparty's view. (As per any good/service in any market.) At any time, there will be precisely as many "sellers" as "purchasers" for any set of option...
  9. tommcginnis

    Where in the world is Carmen Sa..., I mean Jack Ma?

    If I were Jack Ma, I'd be hanging at some Asian-heavy midwestern U.S. university town, teaching adjunct Python classes to surly+unappreciative freshmen, retiring from the dowdy in-town apartment to the acres of the "absentee-owner" working farm located in a bucolic little river valley 20...
  10. tommcginnis

    Var.swaps, dispersion & other vol related trading.

    Considering your comments, you might think about leaning back on some game theory thoughts -- something like, "Crying 'Wolf': Tests of 4 Different Reputation & Hysteresis Shocks in Global Currency Markets" Explain the idea, run four different evaluations, write up the results, hope for a bit of...
  11. tommcginnis

    Leave it to a stats familiar trader, ...

    "Break out the Foil Beanies!!!!" Ferchrisakes. Can't we wait til the pieces of Nashville's 5G genius are collected up, before we inspire the next panty-pissing nimrod to go and blow hisowndamnse'f up? I mean, really??? :mad::mad::vomit::wtf::vomit::confused::mad::mad::cool::cool::cool:
  12. tommcginnis

    SPY/QQQ/DIA algo

    Well, you certainly got on the right side of the pandemic. :wtf: What would your results be without that? For example, Sharpe?
  13. tommcginnis

    How is negative yield possible?

    You have two choices -- there is A) ____________________ and there is B) "A kick in the nuts." If you *willingly* choose a kick in the nuts, what does that tell you about choice A? :confused: "Answer is simple, use the math." :wtf: Indeed. :cool:
  14. tommcginnis

    I asked permission to trade crypto GBTC and IB replied like idiots

    Not hardly. Pennies are pennies because no one else will have them. :confused: $Revenues/$Regulatory_Burden is ridiculously high. IB is simply throwing in a tiny, tiny little trading hurdle, to keep out the high-cost, needy, "whiny little bitches" who might be tempted to pay Tim Sykes slip fees.
  15. tommcginnis

    Trading strategy from design to production

    Nine steps, each very dependent on what had transpired in the prior step,....... • Model market. (Form a statement of "How things work" against available evidence.) • Assess model strengths. (e.g., "robust" profit generation) (Separately then,...) • Assess model weaknesses. (e.g., minimum loss...
  16. tommcginnis

    What else to learn in technical analysis apart from indicators ?

    "Enter on a shout; Exit on a whisper!" :thumbsup::thumbsup::thumbsup:
  17. tommcginnis

    Different strategies or patterns for different times of day?

    ...and none of the catchy names has made you reliable coin, and you're thinking that there's some *other* (perhaps even similarly-labeled) strategy out there, and you're going to be gifted with it, and they won't take your Lambo away (at least, for this month). When you start making reliable...
  18. tommcginnis

    Who plans to get the covid 19 VACCINE when it comes out

    Totally hilarious. :D:D:D Still, I just passed 60 years old, and would happily participate in a well-thought trial. Would I spaz out and drool a bit for the cameras? Youuuuuu bet.:wtf::p:rolleyes::D:D:D
  19. tommcginnis

    What else to learn in technical analysis apart from indicators ?

    5 tech. analysis tools. [Do NOT repeat them -- there is no such thing as "confirmation", only multicolinearity (which will destroy any predictive abilities).] • O-H-L-C (Japanese candlesticks) for relevant time horizons • Volume • Trend • Oscillator • Volatility Don't post a tool to your...
  20. tommcginnis

    Please HELP.... charts without a time component

    What's the difference between breathing hard up the stairs, and not breathing hard at all? Theta. (Despite the contradiction in your query, jbt's "tick charts" is something into which you should look.)
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