Quote from sakhter:
You are quick to judge as to any speculation of what the strategy is.
Had a tough year? It's ok.
And No, I wasn't talking about some fantasy correlation hedge. You yourself said that adding binaries will just involve more loss.. hence my next comment was that large firms already do this for minimum profit. As they spend more $ on insurance(options) for meager returns.
I was going with the idea of "wraping several positions into one" and someone elses comment about using tri-arb (where correlation is important, unless u have some other definition).. combine that with intraday binaries for some exotic spreads and viola. If the little guy figured out how to do it, kudos. Did you see my call it a loosing strategy? Nope. Because I don't know what he has, neither do you.
I could tell you that my strategy works. You can tell me that it's a loosing strategy based on the bits of information I give you. But if I am constantly profiting when you say I should be loosing. The joke's on you. Maybe you don't see what I see in the strategy.
The difference between you and I, is that you trade like the textbooks taught you. I inquire about the possibility of the strategy, test it, if it blows up--it blows up, if it does not then I have something 98% of you don't even have.
Fortunately for me, I conducted a lot of my research at a early age, with no stress of job, marriage, kids etc. Whereas most of you come into this realm 40+ years old, jaded about your career choice & with all that baggage(bills, kids, wife & no job) thinking you're going to crack the markets before the next mortgage payment. Seriously, Good luck.
