Dude, you don't know what you got yourself into. Now that you have made yourself into Dest's lap dog, he'll smother you to his heart's content. Brace yourself (or run away as fast as you can)!
Study Guide for Dest's Journal
- Thread starter Darc
- Start date
He mst be former telex operator.
TLX op use few character as posible.
bc ea char cost ten of dolar.
Aso he could be using TRANSLATE to
trans alien lang to englsh
Interestingly, many people like OP postings.
Gud Luk !
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And people complain about Brooks being hard to understand!Dude, you don't know what you got yourself into. Now that you have made yourself into Dest's lap dog, he'll smother you to his heart's content. Brace yourself (or run away as fast as you can)!
I've suspected for a long time that Dest was a Student of Al's.
Ok I'll have a go at deciphering.
Using our local market XJO you can see risk reward on the fly is greater than 2 (it's a 100 spread so risking 27 to make 73)
Using our local market XJO you can see risk reward on the fly is greater than 2 (it's a 100 spread so risking 27 to make 73)
SS = sticky strike
SD = sticky delta you should be able to Google those two.
SD = sticky delta you should be able to Google those two.
"An index RR is down-skewed. OTM puts trade over OTM calls"
7125 is at the money so if we go out 100 points in each direction you will see calls trading at 54 puts trading at 61 hence puts trading over calls because of skew.
7125 is at the money so if we go out 100 points in each direction you will see calls trading at 54 puts trading at 61 hence puts trading over calls because of skew.
I advise this to every single person who wants to learn about options and how to trade them. All they need to do is go onto investopedia.com and search for "options" and read all of the pertaining webpage articles. These articles are the best educational material one can read to learn about options. They explain all of the concepts of options in clear, unambiguous and easy-to-understand manner. And then to put what these articles talk about in practice, all they need to do is open a demo account preferably with live options prices and just demo trade options until they are comfortable enough and have developed a profitable strategy, then they can go live to trade small positions to put their strategy into the test and then gradually increase the trade size with each successful trade.
Many ET members here said "Keep It Simple" and I agree with them.
You don't get it, do ya? The OP isn't interested in KISS and all that other investopedia.com nonsense. All he wants is to emulate Dest's PNL.
