Quote from bellamy:
This is a truly remarkable post.You have been a registered member for 24 hours or so and without a moments hesitation or evidence of your own experience you dismiss the trading styles of any number of successful traders.I note you don't offer any constructive suggestions or evidence that your approach is superior in any respect.In fact you don't mention anything about your trading at all! Is that because you don't actually trade or you simply don't deign to converse with us mere mortals.It appears to me that you started this thread solely so you can impose your pompous diatribes on others. Thanks but I pass.
Lots of information has been written in your face. Whether you want to digest it or dismiss it is up to you. Maybe your ego is preventing you from learning right now, or maybe some codes are just too intellectually puzzling for you to even understand anything at all.
Quote from RichardRimes:
I GOT IT.....Mav's Christmas trees!!!!! 
troll...
point is you didn't start the thread with "what works best in a high vol environment" you asked if any was "still"beating it with flys/condors. There are other strats not mentioned (ex a backspread...perhaps diagonals) that can work quite well right now and to say a butterfly is NOT a high reward strat is bogus. It is a LOW risk..LOW probability...VERY high reward trade. and as pointed out it can be directional...embeded with short verticals etc to increase the probability of a win.
This forum is for sharing (freely) ideas and the regular contributors have done so without the games you want to play. Put up( big bucks can't fail trade) or just STFU and leave. 
Thread was posted, and information has been shared.
Some people here want answers, served on the silver platter, and they desperately ask questions, but they don't even have the capacity to decipher and interpret simple things when the explanations have already been lined out. They need everything explained to them in the most dumb-downed aptitudes. Or maybe they just need someone to pound it through their head if they're still forcing the square peg into the circular hole. I'm sorry if it's that hard for you.
And no, you *don't* get it. Not even close.
Quote from forex-forex:
Do you have a link to such a request? I don't think anyone has asked what you trade.
And some people obviously don't have much reading comprehension. Why do they even put any real money to trade in the market with such inadequate level of attentive skills?
Quote from Bben1006:
agev==vega (got it...)
~B
Indeed. We have a winner.
Vega has been lovely to trade.
Take advantage of the vol of vol.
What's really fun right now?
-Long gamma, short vega.
-Long gamma, long vega.
And in really sweet cases:
-Long gamma, long theta, and S/L vega
(where you can benefit from all three elements simultaneously.)
A gamma workout with the markets often leads to a vega workout. They contribute to each other, and it's almost a perpetual thing. If you don't understand this, then you shouldn't be trading vega. And it's not similar to ordinary gamma/theta because these things do not have to work against each other.
But some of you are probably still have no clue or are too slow to know how what all this means or when to even perceive the impact of change of dynamic market conditions.
So in case you're still very slow to pick up on things, as measured by the observed intellectual incompetency of most respondents to this thread, we are having a market cycle shift, and in this awakened shift from a near dead-vol period to the volatile environments, shorting tons of gamma risk just to collect that unstable premo, even with your winged protections, is a sure way to make you only very little, break even, or lose a lot. You don't have to believe me. Continue doing what you're doing and you'll probably dig up this thread up later and wish you had been more inquisitive when you first read it.
This thread probably could had been one of the better gems of this board if some of you clueless amateurs didn't piss it away. But that's all I wish to share right now. Doubt even a quarter of you would even understand any of it. Some of you are still dreaming that the markets are moving gently and hoping to capture juice from a running target.
