Dest's Everything Journal
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"From $20.20 to $2020k", maybe? Don't bet against him.
@BlueWaterSailor and I will be front row seats if this happens!
you seem to naively believe a lot of stories as long as the language, used, is slick and it sounds sophisticated and over your head. My humble advice is: Don't believe what some guys claim or talk all day especially without providing any factual backup whatsoever. He makes options trading sound like some esoteric endeavor that only those of the upper echelons can master. Unless you work on structuring exotic rates notes or more complex equity correlation baskets, options trading is nothing sophisticated. You either take exposure to delta, vega, time decay, and/or a few higher-order derivatives. I just find it a little strange how you hype this guy when you, by your own admission, don't understand a majority of what he says. But then everything that he talks about options is sandwiched by some buzz words, which is strange as he most of the time talks about vanilla options structures. He seems to have a hard time to explain most concepts in very simple term, and you know what they say:
"If you cannot explain something in simple terms, you don't understand it." (Richard Feynman)
"If you cannot explain something in simple terms, you don't understand it." (Richard Feynman)
"From $20.20 to $2020k", maybe? Don't bet against him.
That would be awesome. I guarantee there will be a cheering section.
Somewhere in L.A., there's a storage bin with my Sinclair ZX81 in it. Of course, I'd have to get an RF modulator and an old B&W TV to recreate my original setup - wonder if that 300-baud modem I built is there, too? - and you'd need to write something that would talk to your broker, but you'd have an absolutely unique setup for testing trading chops...
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