I told you BS was BS!

[wxytrader]

Actually it was three lots and I'm getting wrecked right now with some open puts but this strategy I'm employing is for premium so not charting at all. Just eyeballing it I knew I'd probably be giving some premium back, but it's more important to know the system can work in the worst case scenario .See the difference between me and you guys. You guys look at at trading in terms of profits and losses where I look at it in terms of more profits or less profits.

Also, I just wanted to point out that when you're selling puts you're actually getting paid to be wrong.

 

[smacdtrader]

I call bullshit..post please

i knew you would say that. i can't cause it's not mine, but i will make you a deal. next week i will put 10K of my own in and post the results every day for a month.

and you do the same.

I'll trade this strategy and compound my profits weekly.

 

[2rosy]

You don't need to understand anit-matter and curvature of space induced by objects of mass in trading.

there are objects of mass in trading that disturb line of sight.

 

[ironchef]

If you're making money in stocks, you're not going to say I've had my fill and go back to being a scientist or helping the world lol. Smart people typically don't make money in stocks. If you're talking finance, that's their business. Of course, if you go to Goldman Sachs you're going to find sharks.

I hate to admit I am becoming a fan.

We amateur retails are an endangered species here, good you can put up a fight.

But don't be too cocky, you could be wrong.

 

[smacdtrader]

there are objects of mass in trading that disturb line of sight.

i don't quite follow, but it is my opinion that econophysicists are generally wrong or at best overwrought, since
mass != marketcap
and
MOMO != momentum
etc. etc.

 

[smacdtrader]

I call bullshit..post please

real quick to call, real slooooooow to push in your money.

you play cards right? you don't just say "call", you also put in your money.

 

[smacdtrader]

You are misunderstanding indeed. It's not trash, in fact, it's completely genius despite it's limitations. Like the old saying goes, "all models are wrong, but some are useful".

ok. since you aren't willing to defend the model meaningfully, i can't hold my tongue on your ridiculous use of this quote. it doesn't give you an excuse to use a trash model. it means that there is no way to observe reality directly so we only approximate it, with models. But yes, some models totally suck at their approximation.

Not only can we not capture reality in a model, it would be untenable to do so, because a model that fully captures reality would be at least as large as reality and that doesn't do us any good. a model is a low dimensional projection of infinite dimensions, so the are all "wrong", but they are not all trash.

what makes a model trash? well for starters one that assumes that something will never happen, and then that thing happens all the time, like returns are normal (or log normal) and they are not. how about a model that assumes volatility is constant when it is not. those 2 things would make a model trash. I wonder where we could find a model like that?

 

[taowave]

Lol!!!!

You brag about being up 8 percent todsy,I call Bullshit and you fold saying the profits aren't yours!!!!!!

sweet dreams

real quick to call, real slooooooow to push in your money.

you play cards right? you don't just say "call", you also put in your money.

 

[Slow Learning Elf]

what makes a model trash? well for starters one that assumes that something will never happen, and then that thing happens all the time, like returns are normal (or log normal) and they are not. how about a model that assumes volatility is constant when it is not. those 2 things would make a model trash. I wonder where we could find a model like that?

Do you even understand what a model is and why do we need it? Cause I've heard better arguments from high school students.

 

[smacdtrader]

Lol!!!!

You brag about being up 8 percent todsy,I call Bullshit and you fold saying the profits aren't yours!!!!!!

sweet dreams

ok. play me head to head starting monday for 30 days. you're the big time. i'm just a lowly folder. put me in my place big dog.

it'll be fun.