You’re still according credibility to bullshitman ?
You can’t beat the roulette by hedging.
Beat it? I take mkt winnings and parlay. I understand the -edge of Euro. I took a week's PNL and started with Revere APC at 21 and realized I don't have the patience for the var and the shallow deal. I'm up more than you make in a year and been comped all over LV. I haven't paid for a room since Mar 8.
We don’t care if you have gambling issues.
You’re still according credibility to bullshitman ?
You can’t beat the roulette by hedging...
We don’t care about your gambling issues.
I'm not remotely assuming it's edge. I know what the EV is as any 5th grader can calculate it. I get comped bc I add hedge to 85% hit rate action and mini donks (low prob covered action pays less by design). It's basically how I apply bet sizing in vol. I know eventually I will lose my opening action but I'll need to do that 8x to lose what I've accumulated.
What's the edge loss here (long vol, zero vol-shift)?
I have no reason to doubt him yet. If he loses on his bets and at the end of the night he is net negative, I expect him to post those results. Win, lose, draw. That's it. Nothing more.