I keep reading that CTAs are trend followers. Period. And probably 90 percent or more are. But aren't there some CTA that just employ an option writing strategy? What about other non trend following strategies?
CTA that don't trend-follow
- Thread starter SoCalOptionsWriter
- Start date
I heard of an options trader named James Cordier. He's wrote books on options trading, with follow up editions and believe he was managing in the hundred of millions. He has to know his stuff with those type of credentials.
Why do a non trend following strategy? you actually need a real / sizable edge for that. Just get a large pool of money, attack the lowest hanging fruit via a trend trading strategy and try to pull as much out in fee's, commissions, performance bonuses and etc. I am not even joking or being sarcastic on this one. That's a legit way to do it and seems the path for many.
He retired with his wealth. (Sorry, I mean he retried his wealth into the ether...)
That has to be a fake video there's no way someone who wrote books (and has follow up editions) and managed hundred of millions of dollars would lose it all.
You're treading on very dangerous ground, might I warn you. You're basically saying that not ever single argument from authority is 100% correct and that it's possible just because someone wrote a book or is managing hundreds of millions that everything they say related to trading, isn't automatically correct. You're attacking a lot of the members here favorite trump card. Are you truly ready for all that smoke?
Well, we all know that Forbes and the WSJ are fake smoke and mirror sites, so yeah, it's all fake because...books.
https://www.forbes.com/sites/michae...ssons-for-everyday-investors/?sh=7f31246428f8
I guess you're just dead set on beating me here. Was being 100% sarcastic regarding the option guy and books. Guessing your trolling and forcing me to point out that I was being sarcastic, which means I lose, but if I don't point it out I also lose.
So well played man. You win, this is too difficult and time consuming for me. Cheers.
I was kinda' sensing you were being sarcastic, but in the back of my mind was your first response to the OP...
So you were being sarcastic in saying you were not being sarcastic, which in the end means you lied. Yes, you failed this one!
So you were being sarcastic in saying you were not being sarcastic, which in the end means you lied. Yes, you failed this one!
Thank God you gave me a victory here, now we're even. Bad mistake you couldn't just take your victory graciously had to try and rub it in. Too ez man.
"I said on this one" in the second paragraph, not the first one. Also looks like I am getting paid by being humble and admitting defeat. How so? Because I even clarified again "Was being 100% sarcastic regarding the option guy and books" in my admit defeat post. That is the sarcastic part (clearly). The second part was not sarcastic (also clearly) because that's literally what a lot of people do that manage money.