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  1. U

    Canadina margin requirements for condor spreads with IB

    I thought that TOS did not have a CDN office - are you resident in Canada? Ugly
  2. U

    which option training or service makes you profitable?

    Ya, that book is like spraying ferret musk on yourself. Babe magnet.
  3. U

    Writing options for a living

    Ateht, you ESL twat. You couldn't hold a candle to IV and "Atticus". Try being quiet and learn from them.
  4. U

    Writing options for a living

    I love this - my new FT quote.
  5. U

    SPX Credit Spread Trader

    'Xactly
  6. U

    SPX Credit Spread Trader

    Braggard
  7. U

    SPX Credit Spread Trader

    You're right, we don't know whether it will go up or down, but if VIX is 9, is it more likely to go down or up? If it is 100, is it more likely to go down or up? Probability mathematics always works - it doesn't predict any single event, just trends in groups of events...
  8. U

    SPX Credit Spread Trader

    RR - always keeping me on the straight and narrow! The point I was trying to make is that ICs work fine as long as vol doesn't go up. The "advantage" is that you are being paid for a vol prediction (IV) that ends up being too high (i.e. greater than realized vol). This has worked well over...
  9. U

    SPX Credit Spread Trader

    Wait 'til you've heard more of mine... see above!
  10. U

    SPX Credit Spread Trader

    Do you mean cavalry?
  11. U

    SPX Credit Spread Trader

    MT, I am very pleased that you made money getting out on a rough day. The thing is, those profits were either luck (not predictable) or your skill (not replicable by others). My concern (and possibly Rally's, but he can speak for himself) is that there is a major flaw in the low vol condor...
  12. U

    Dressing Attire for Prop Trading Interview

    thong - easier to screw you that way
  13. U

    SPX Credit Spread Trader

    Rally's advice is a recipe for long term survival. If you are a Condor Cultist and you're setting up condors in low vol enviroments (i.e. last week) you're paying the life insurance for the guy at the other side of your trade. I think a lot of people on this thread learned this lesson yesterday.
  14. U

    Best Trading Related Blogs

    F*A*T*T*A*I*L*.*O*R*G
  15. U

    options on s&p vs. options on s&p futures?

    Exactly. Oh, but there's more: "It is an investment strategy created for high-income professionals with a solid understanding of financial and investing concepts who want to make that first or second million within a decade. " Well I'm both, but I doubt that this will get me the 100%...
  16. U

    options on s&p vs. options on s&p futures?

    Quoting your website Tristan: "We don't want to be elitist, but we do need to provide fair warning: if you didn't get your business degree at a tier one school, if you don't hold a CFA or a SEC or NASD license, or if you don't work in the financial services industry or in the finance...
  17. U

    SPX Credit Spread Trader

    I assumed that he would give you a free spot for the shilling you're doing.
  18. U

    Risk Arb Blog?

    Now you're getting me in trouble. I'll get you "Emilio" - you crystal meth addicted octogenarian.
  19. U

    Why do you play options?

    What's the difference?
  20. U

    Risk Arb Blog?

    English as a second language?
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