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atticus' "ship it" vol trading journal
- Thread starter atticus
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Quote from atticus:
The touch wager as proposed cannot result in a push! It satisfies both conditions; bearish (T2S) and flat to higher(atticus). You are paid if $550 is touched and I am paid if $550 is not reached prior to expiration. wtf is wrong with you?
i was not willing to take that bet. instead i proposed an alternative bet such as outline in the cody willard vs donald trump jr bet i posted right above
to me if i bet someone on a binary conditional touch.. and they counter offer some other wager.. (which in this case was a bullish touch against a bearish touch with a push inside the range) they would be turning down the binary touch period.. maybe as a way to avoid agreeing to terms set forth by the initial better or just as a way to avoid the bet all together without outright turning it down..
i wasn't sure of direction, but i felt the risk getting stronger down.. so i sold my flys for a profit.... i actually thought of putting a november credit spread at 550-545 to show some conviction but obviously i didn't have the conviction.. where you messed up is having an intuition about direction that you felt strongly enough to argue with cactiman consistantly about but not put your money where your mouth is.. so yeah you were right.. but your not up any money as a result.. which to me is worst then being wrong.. i don't care if it seems like i'm on atticus's side... Atticus i know got caught by the drop in the underlying so he obviously had money on it not going that low.. maybe i'm wrong .. but i think his profit when from 36 percent to 28 percnet over night .. and that was the day the market took a 300 point dow shiet.
i'm really on cati's side .. i don't believe your in his thread trying to help him at all.. your just trying to build your theoretical short position in your head by tearing his personal positions apart. Ammo had a short expression on his charts to.. but i don't see him gloating like you..
i wasn't sure of direction, but i felt the risk getting stronger down.. so i sold my flys for a profit.... i actually thought of putting a november credit spread at 550-545 to show some conviction but obviously i didn't have the conviction.. where you messed up is having an intuition about direction that you felt strongly enough to argue with cactiman consistantly about but not put your money where your mouth is.. so yeah you were right.. but your not up any money as a result.. which to me is worst then being wrong.. i don't care if it seems like i'm on atticus's side... Atticus i know got caught by the drop in the underlying so he obviously had money on it not going that low.. maybe i'm wrong .. but i think his profit when from 36 percent to 28 percnet over night .. and that was the day the market took a 300 point dow shiet.
i'm really on cati's side .. i don't believe your in his thread trying to help him at all.. your just trying to build your theoretical short position in your head by tearing his personal positions apart. Ammo had a short expression on his charts to.. but i don't see him gloating like you..
Quote from Took2Summit:
i was not willing to take that bet. instead i proposed an alternative bet such as outline in the cody willard vs donald trump jr bet i posted right above
you messed up... . your right in a random anonymous forum and nothing changed in your book.. thats all i'm saying.. there was a limited risk strategy you could have banked on a tumbling of the shares.. but you didn't even take a small bet.. i don't get it..
Quote from cdcaveman:
you messed up... . your right in a random anonymous forum and nothing changed in your book.. thats all i'm saying.. there was a limited risk strategy you could have banked on a tumbling of the shares.. but you didn't even take a small bet.. i don't get it..
well honestly, i don't really short stuff. you can look at my journal and the only things i short are ultrahort funds which is in essence going long. so ya i didnt make money shorting apple, even though i was right, because i simply dont like to short stuff, id rather sit cash and wait to go long again, its just my trading style.
also what did i have to gain from atticus? my pockets aren't as deep as his (i think? just from reading his journal) so what, i bet $50, $100, MAYBE $500? then i have to give some random internet person my banking information to wire me money? just not worth it to me.
Quote from Took2Summit:
well honestly, i don't really short stuff. you can look at my journal and the only things i short are ultrahort funds which is in essence going long. so ya i didnt make money shorting apple, even though i was right, because i simply dont like to short stuff, id rather sit cash and wait to go long again, its just my trading style.
also what did i have to gain from atticus? my pockets aren't as deep as his (i think? just from reading his journal) so what, i bet $50, $100, MAYBE $500? then i have to give some random internet person my banking information to wire me money? just not worth it to me.
So why are you posting here? To show us all how to fuck up a short on AAPL?
lol you want a shot at the Champ, so to speak? Sure, open an IB or TOS account(production or paper-trading) and we can go 90-days on the outcome. Winner in %terms gets a fixed-payout via Western Union or whatever you like.
i also dont think you need to gain money to be right. on october 18th i went 200% long (with margin) to 100% cash. im still 100% cash and the dow (which most of my underlyings belong to) is now ~800 points lower. so while my account didnt increase from me being cash, i have ~800 dow points worth of purchasing power.
also atticus, im sorry if this derailed your thread. i already said it once here i really do value what you do. i also dont like seeing people in dd's because i hate when i am in one. i am not happy that you are losing money. you're still up 28% in a few months which is more then 95% of the people on this site can do.
EDIT: Including myself
also atticus, im sorry if this derailed your thread. i already said it once here i really do value what you do. i also dont like seeing people in dd's because i hate when i am in one. i am not happy that you are losing money. you're still up 28% in a few months which is more then 95% of the people on this site can do.
EDIT: Including myself
Quote from atticus:
So why are you posting here? To show us all how to fuck up a short on AAPL?
lol you want a shot at the Champ, so to speak? Sure, open an IB or TOS account(production or paper-trading) and we can go 90-days on the outcome. Winner in %terms gets a fixed-payout via Western Union or whatever you like.
i see your challenge, and i will decline. the bet i wanted to make was a double touch bet on apple, and that was it. i make 40-60% a year in my trading account as outlined in my journal and i'm fine with that. you make that in about 3-4 months. at no point did i ever try to say i am a better trader than you, infact i've said the opposite.
I know enough not to gloat or demand money from my bookie when I intended on making a wager but somehow, for whatever obscure reason, failed to pull the trigger.
If you want me to pat you on the back for the 550 call, I cannot. It's almost painful to see someone with conviction fail to capitalize.
If you want me to pat you on the back for the 550 call, I cannot. It's almost painful to see someone with conviction fail to capitalize.
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