Long-scalping equity options against time decay and market drift

[fullautotrading]

My point is that the fills are way off and for options that can be a big deal. I would say that the burden is on you to prove your fills are reasonable - are you filling your buys on the offer side?

You were much nicer over PM when you were trying to understand what Des was talking about regarding the combos.

I don't paper trade accounts because my real account is far greater than 2MM.

I published all the order details. You can check yourself before spreading lies. Is it too hard?

The IB "paper trading" (not "demo") account will allow you to fill options only with BUY orders at the current ASK and SELL orders at the current BID. Real-time quotes.

In any case, in all my illustrations I only fill automated buy at ASK and sell at BID. Using LMT orders. If they do not "pass" they are aborted.

Why do you come here knowing nothing about my work, and who I am, understanding nothing of my ideas and concepts, and trying to discredit decades of hard work with clueless and lie-based remarks? While I and my investors are moving the market.

And while you come here to attempt defaming my work (a useless effort, as I am well known, both as a scientist and as a "practitioner"), you expect me to be nice to you?

Show respect, and stick to the ideas, instead of talking of the idiotic spread, which I pay always in FULL (beyond necessary). Thus underestimating my real accounts profit. (I not only pay it in full, but you can notice that I also include it in my PnL computations so that the IB account will show always a significantly higher profit, as they do not include the closing expenses).

Life will not like people like you.

 

[newwurldmn]

I published all the order details. You can check yourself before spreading lies. Is it too hard?

The IB "paper trading" (not "demo") account will allow you to fill options only with BUY orders at the current ASK and SELL orders at the current bid. Real-time quotes.

In any case, in all my illustrations I only fill automated buy at ASK and sell at BID. Using LMT orders. If they do not "pass" they are aborted.

Why do you come here knowing nothing about my work, and who I am, understanding nothing of my ideas and concepts, and trying to discredit decades of hard work with clueless and lie-based remarks? While I and my investors are moving the market.

And while you come here to attempt defaming my work (a useless effort, as I am well known, both as a scientist and as a "practitioner"), you expect me to be nice to you. Show respect, and stick to the ideas, instead of talking of the idiotic spread, which I pay always in FULL (beyond necessary). Thus underestimating my real accounts profit.

Life will not like people like you.

Don't get so testy.

So all the transactions are at the ask and bid, respectively?

 

[fullautotrading]

Don't get so testy.

So all the transactions are at the ask and bid, respectively?

Check the order file. Also, if lazy, just watch the charts:

BLUE LINE = ASK
RED LINE = BID

red circles = SELL
blue circles = BUY

(borders, around circles, denote the "players", that is the orders being "remembered", waiting for a profitable close)

 

[spy]

You were much nicer over PM when you were trying to understand what Des was talking about regarding the combos.

That's because he's trying to pull a confidence trick; phishing for people with big IB accounts and trying to get them to hand over access to their computer systems. Read the thread from the beginning and try to ignore the pictures.

He's pitching a sure fire way to "automatically" mint money, which is fine, everyone knows software runs the world these days. But... the requirements are you have to have a few million in an IB account and you must give him access to your computer. Lol, read the FAQ.

Don't ask him how much the service costs; he'll answer he's doing it for "fun" or, as a professor, the "goodness of his heart". Don't propose he install the software on a DMZ computer somewhere, he needs access to YOUR systems. Read this post specifically... the moment anyone with a tiny bit of intelligence pushes back a scintilla against his proposal he folds like a cheap suit! God forbid a negotiation occur over a mere 10 million dollar agreement

@fullautotrading ... I told you, go back to the Nigerian prince scam; it's a better place to start. If you want to cheat people, learn how to cheat them for a few pennies at a time, then when you get better at that you can move up. So called "whales" already have been cheated a million times before so their defenses are more sophisticated.

 

[fullautotrading]

That's because he's trying to pull a confidence trick; phishing for people with big IB accounts and trying to get them to hand over access to their computer systems. Read the thread from the beginning and try to ignore the pictures.

He's pitching a sure fire way to "automatically" mint money, which is fine, everyone knows software runs the world these days. But... the requirements are you have to have a few million in an IB account and you must give him access to your computer. Lol, read the FAQ.

Don't ask him how much the service costs; he'll answer he's doing it for "fun" or, as a professor, the "goodness of his heart". Don't propose he install the software on a DMZ computer somewhere, he needs access to YOUR systems. Read this post specifically... the moment anyone with the tiny bit of intelligence pushes back a scintilla against his proposal he folds like a cheap suit!

@fullautotrading ... I told you, go back to the Nigerian prince scam; it's a better place to start. If you want to cheat people, learn how to cheat them for a few pennies at a time, then when you get better at that you can move up. So called "whales" already have been cheated a million times before so their defenses are more sophisticated.

The prince of scams is after some poor boy on ET, with his 50K account. LOL!

I will not be sleeping tonight, knowing that some anonymous poor on this forum, does not think highly of my algorithms. Look, I know you are hangry and envious, but it is not my fault.

I have always worked very hard and studied hard (trying to stand on the shoulders of the giants, and always keen to learn positively new things) instead of thinking that the giants were clueless scammers. Really nothing has come easy to me, and all was, and is, the result of hard work.

As a teacher, I can only suggest changing your general attitude towards life. Narcissistic disorder combined with the Dunning-Krueger effect can be fatal.

Be positive and open to learning: not a guarantee for good, but at least open the door. Think about it: for your own good.


PS

> the requirements are you have to have a few million in an IB account

No. You did not read. The minimum requirement is to have 200K in addition to the min req for a IB portfolio margin account.
To me, this is still grossly undercapitalized, and won't lead anywhere. It's just a starting point.

 

[spy]

You're not going to get a single penny from anyone even worth $10K until you can simply prove this vaporware exists, let alone beats the market. I'm actually giving you a chance and you're refusing it.

Again, take the ssh key I posted here and grant me access to a DMZ of your choice so my people can audit your software. It's not rocket science.

You won't do this, you can't do this... you're a fraud. Go ahead, keep posting pictures of your paper trading account

The prince of scams is after some poor boy on ET, with his 50K account. LOL!

I will not be sleeping tonight, knowing that some anonymous poor on this forum, does not think highly of my algorithms. Look, I know you are hangry and envious, but it is not my fault.

I have always worked very hard and studied hard (trying to stand on the shoulders of the giants, and always keen to learn positively new things) instead of thinking that the giants were clueless scammers. Really nothing has come easy to me, and all was, and is, the result of hard work.

As a teacher, I can only suggest changing your general attitude towards life. Narcissistic disorder combined with the Dunning-Krueger effect can be fatal.

Be positive and open to learning: not a guarantee for good, but at least open the door. Think about it: for your own good.

 

[fullautotrading]

See how the IB report, gives some 23K profit more than my computations:

confirming what I stated about the closing spread inclusion in my PnL 359.5K (now using 62.7% of funds):

For an automated system, an ultra-accurate computation of spread and transaction costs is vital. Otherwise, you may be printing losses as crazy (while the IB account was telling you they were profits).

 

[newwurldmn]

That's because he's trying to pull a confidence trick; phishing for people with big IB accounts and trying to get them to hand over access to their computer systems. Read the thread from the beginning and try to ignore the pictures.

He's pitching a sure fire way to "automatically" mint money, which is fine, everyone knows software runs the world these days. But... the requirements are you have to have a few million in an IB account and you must give him access to your computer. Lol, read the FAQ.

Don't ask him how much the service costs; he'll answer he's doing it for "fun" or, as a professor, the "goodness of his heart". Don't propose he install the software on a DMZ computer somewhere, he needs access to YOUR systems. Read this post specifically... the moment anyone with a tiny bit of intelligence pushes back a scintilla against his proposal he folds like a cheap suit! God forbid a negotiation occur over a mere 10 million dollar agreement

@fullautotrading ... I told you, go back to the Nigerian prince scam; it's a better place to start. If you want to cheat people, learn how to cheat them for a few pennies at a time, then when you get better at that you can move up. So called "whales" already have been cheated a million times before so their defenses are more sophisticated.

interesting. he's trading options for 25 years but had trouble understanding a gut strangle and a synthetic. I had to explain it to him in PM and then he posted publicly like he figured it all out.

 

[fullautotrading]

You're not going to get a single penny from anyone even worth $10K until you can simply prove this vaporware exists, let alone beats the market. I'm actually giving you a chance and you're refusing it.

Again, take the ssh key I posted here and grant me access to a DMZ of your choice so my people can audit your software. It's not rocket science.

You won't do this, you can't do this... you're a fraud. Go ahead, keep posting pictures of your paper trading account

Your problem is that I don't have to prove it to the poor.
Find your "rich dad" and you will have your setup, even if you do not deserve it

I just do not have the time to be after all the desperate and gambling cranks of this world.
They would just probably do a mess, without any understanding of what they are actually doing.

Anyone with enough capital can play with it as long as he likes. Paper, or real, or coffee

Again, I repeat my offer. I am publically renouncing any share or compensation only for this special occasion on ET and will allow the publication of any trading details in full transparency for 1 year on ET.
(I just require one that has proper capitalization and does not waste my time.)

We can set up a machine where anyone from ET can have real-time view access. But must be a "real money" account right? Otherwise, the results aren't good. Right?

 

[fullautotrading]

interesting. he's trading options for 25 years but had trouble understanding a gut strangle and a synthetic. I had to explain it to him in PM and then he posted publicly like he figured it all out.

No, my friend. Why insist on the inane defamation effort? Do you think it makes you look good or great? It makes you look shallow, to my eyes.

What I was not understanding is the strange jargon used. Remember I am Italian. I hope you speak Italian, as I (do not) speak English


Let's take this:

"Roll -> cover losing synthetic -> conversion against winning synthetic -> cover losing side of conversion -> cash loses; cover, trade new synthetic against existing (complete roll) -> synthetic loses; cover, trade new synthetic against cash (complete conversion)."

and find me an Italian understanding that

and this:

"omfg.
The roll is a synthetic long in one tenor, short in another tenor. The edge loss (fill above strike with on the long roll and carry) is the cash requirement.
In the US you cannot trade the tax arb with spot/futures as it's aggregated on the 1099. Fucking duh.
You've been doing this how long and you don't understand rate-arbs?"

All very clear. A master of communication. A teacher!