thanks destriero

[Real Money]

I finally figured out what Des has been trying to teach us. This guy is a genius. I said something that made him block/ignore my ET username so I will just have to quote him indirectly. If you guys could comment and thank him for me I would appreciate it.

if you don't, at the very least, have a vol-based target... you will fail in delta1.

(this is what I think it means)

Use the VIX basis spread and VIX vol (and vol forward spreads).

 

[Turveyd]

Pretty sure he's got everyone on ignore so good luck with that LOL

 

[JesseJamesFinn1]

If a trader was smart enough to catch his comments last week you would have sold into the crazy opening yesterday. Dest is awesome, no doubt about that!

 

[destriero]

You're welcome.

I'd add that if you are trading vol, and isolating your (gamma) delta in your PNL, begin to scale out of any position if your gains exceed 2x your daily theta.

 

[destriero]

If a trader was smart enough to catch his comments last week you would have sold into the crazy opening yesterday. Dest is awesome, no doubt about that!

My oldest system (# of stonks on the day that closed < open) got me short at yesterday's close, but most of today's gains were in long downside straddles in AMZN.

 

[volente_00]

Thanks desperado for telling me to short in front of the freight train at 3421


Go bro go

 

[JesseJamesFinn1]

My oldest system (# of stonks on the day that closed < open) got me short at yesterday's close, but most of today's gains were in long downside straddles in AMZN.

Thank's for the warning, saved me some good money selling in to that gap!

 

[Millionaire]

View attachment 238607 View attachment 238606 Thanks desperado for telling me to short in front of the freight train at 3420


Go bro go

You said he deleted some posts with bad calls, but you kept the screenshots, does he gets the mods to delete his bad calls after the 1hour editing window?

I remember he once made a bad short call and then the mods very conveniently closed the thread.

 

[JesseJamesFinn1]

View attachment 238607 View attachment 238606 Thanks desperado for telling me to short in front of the freight train at 3420


Go bro go

His warning helped me see yesterday's mark-up was insane so there was never no "Shorting in front of a freight train".

 

[Buy1Sell2]

I finally figured out what Des has been trying to teach us. This guy is a genius. I said something that made him block/ignore my ET username so I will just have to quote him indirectly. If you guys could comment and thank him for me I would appreciate it.

(this is what I think it means)

Use the VIX basis spread and VIX vol (and vol forward spreads).

I've no interest.