Quote from virgin:
less fools for removing the liquidity ?
that's why this strategy is so closely guarded on elitetrader , right !
enjoy your illusion !
closely guarded??? It's probably one of the most picked apart methods on ET. If you want simpler stuff, go to the open orders thread. Interestingly enough, the open orders are related to stretch squeese. No one shoves anything down anyones throat. Some of these threads, all you can do is scratch your head. The gerry875 poster argues about this being so complex and baffling and continually links to the longest post he's ever written. I give him the benefit of the doubt of a non native language difference and only have a high school education as he has admitted. Yet over and over again he asks for the material to be presented his way. If we had comparable math (we already found out that we don't) I would dice it to him in more objective terms. As he has argued to me, his high school education enables him above my ivy degree and thus I have been rendedered incapable of properly communicating with him things which I understand in a calculus/matrix algebra framework. The point is that, as with anything, what we don't know will initially look complicated. The more distant it is from your knowledge base, the more complicated and absurd it looks. So if 90%+ of traders are looking at the ordinary, what are the other 10% looking at? Is it ordinary? Can it be ordinary? Perhaps. Need it be complicated? Perhaps, perhaps not. However, what is a fact is that each and every trader either chooses to unravel the complexity or have a go at the trial and error approach. Trial and error can drag on long after your account blows out. By unravelling, you work out the kinks and avoid repeating mistakes. For me, it is easy to spot the unravellers and since I do not like to reravel an unravelled puzzle, it seams to make sense to start with the unravelled solution as opposed to resolving the puzzle. In any event, to each his own...
