The best traders in ET

[justrading]

Quote from CalVolibrator:

You would classify volatility trading as Technical Analysis? Sorry but I really do not know what else to say. You said you work on option expiries? Interesting...I guess people like you guarantee why so many investment banks and buy side firms on the other side of your kind's trade are still alive and kickin....

If you do not specify volatility trading as in options, I will not assume you mean options, I will not assume anything. I have seen people work on volatility based breakout systems and describe that as volatility trading. Understand why now?

And will you stop being such an arrogant prick. I do not trade option expiries, I have had these positions on dating back to end July, they are nett profitable but this close to expiry they are moving like yo-yos and I do not want to carry them to tomorrow. Looking for the best exit.

 

[NoDoji]

Quote from marketsurfer:

It is impossible to code non picture perfect anything. Anything coded must have specific definitions. Doji, you have me concerned. surf

I appreciate your concern, Surf, but all is well here

 

[justrading]

Quote from marketsurfer:

Like most of the TA pros here, he doesn't know what vol trading is.or much of anything market related.

Classic projection again. Sorry to disappoint you, I'm not a TA pro or pro anything.

Pls see my post below as to why I asked the question.

You remember the discussion about you redefining TA and my criticising that?

 

[marketsurfer]

Quote from justrading:

Classic projection again. Sorry to disappoint you, I'm not a TA pro or pro anything.

Pls see my post below as to why I asked the question.

You remember the discussion about you redefining TA and my criticising that?

I'm using the nodoji, Hershey, big hog and the other TA proponents here definition. No redefining. surf

 

[CalVolibrator]

lol...funny how you show your apparent beginner's cards...

Next time we talk, I define everything beforehand so that you may not misunderstand a thing (even if you wanted such as now).

Quote from justrading:

If you do not specify volatility trading as in options, I will not assume you mean options, I will not assume anything. I have seen people work on volatility based breakout systems and describe that as volatility trading. Understand why now?

And will you stop being such an arrogant prick. I do not trade option expiries, I have had these positions on dating back to end July, they are nett profitable but this close to expiry they are moving like yo-yos and I do not want to carry them to tomorrow. Looking for the best exit.

 

[kinggyppo]

Quote from nitro:

I WANT THE TRUTH!

the truth depends on the sample size in trading, in short you don't want the truth. I think in Larry Hite's chapter in the market wizards he talks about his cousin or something who said if I lose money I just buy more, Larry says "that's not going to work in the long run" of course the knucklehead blew out. So the truth or holy grail is having enough capital to martingale forever or just a govt backstop ala GS. LEH was THE seminal event as far as I am concerned, Paulson grew a pair but the cost was very high for everyone.

 

[justrading]

Quote from CalVolibrator:

lol...funny how apparently you show your beginner's cards...

Next time we talk, I define everything beforehand so that you may not misunderstand a thing (even if you wanted such as now).

Whatever. You are glossing over momentum which you listed as non-TA, why, is that TA?

It may surprise you to know that some define volatility as TA. It is derived from price and if TA is using price and its derivatives, explain why you exclude it? I tend to think of vol as options related, not all do and I'm afraid I lack your breathtaking arrogance that would allow me to think I know it all.

Quote:
"Technical analysts also widely use market indicators of many sorts, some of which are mathematical transformations of price, often including up and down volume, advance/decline data and other inputs. These indicators are used to help assess whether an asset is trending, and if it is, the probability of its direction and of continuation. Technicians also look for relationships between price/volume indices and market indicators. Examples include the relative strength index, and MACD. Other avenues of study include correlations between changes in Options (implied volatility) and put/call ratios with price. Also important are sentiment indicators such as Put/Call ratios, bull/bear ratios, short interest, Implied Volatility, etc."


PS - care to address my options trading again?

Edited: Put in quotation marks.

 

[Lucrum]

Quote from marketsurfer:

You failed to pass the combine. why not admit that?

I DID fail to pass, as you failed to pass. I've never said or even hinted otherwise.

I never once heard you claim that you are a succesful full time trader using TA price action alone.

Probably because unlike you I'm not much of a liar. I've never been a full time trader.

Last i heard you piloted a jet for a few wealthy people....

And by your own admission you solicit capital from wealthy people and also have never been a full time successful trader. So what was your point again?


My point was that my documented TA/PA performance beat your price driver performance. Why not admit that?

 

[CalVolibrator]

you are clearly a bloody beginner in options. I have not seen nor heard of a single professional vol trader in my 13 years at sell-side banks and hedge funds that anyone uses any of the crap you listed below aside implied volatility, which I have no clue whatsoever why you wanted to list that as part of technical analysis. You probably also regard Kalman and Particle Filters as TA, correct? Dude, I am outa here, this really is getting too stupid...good luck with your expiries though!!!

Quote from justrading:

Whatever. You are glossing over momentum which you listed as non-TA, why, is that TA?

It may surprise you to know that some define volatility as TA. It is derived from price and if TA is using price and its derivatives, explain why you exclude it? I tend to think of vol as options related, not all do and I'm afraid I lack your breathtaking arrogance that would allow me to think I know it all.

Quote:
"Technical analysts also widely use market indicators of many sorts, some of which are mathematical transformations of price, often including up and down volume, advance/decline data and other inputs. These indicators are used to help assess whether an asset is trending, and if it is, the probability of its direction and of continuation. Technicians also look for relationships between price/volume indices and market indicators. Examples include the relative strength index, and MACD. Other avenues of study include correlations between changes in Options (implied volatility) and put/call ratios with price. Also important are sentiment indicators such as Put/Call ratios, bull/bear ratios, short interest, Implied Volatility, etc."


PS - care to address my options trading again?

Edited: Put in quotation marks.

 

[marketsurfer]

Quote from Lucrum:

I DID fail to pass, as you failed to pass. I've never said or even hinted otherwise.

Probably because unlike you I'm not much of a liar. I've never been a full time trader.And by your own admission you solicit capital from wealthy people and also have never been a full time successful trader. So what was your point again?


My point was that my documented TA/PA performance beat your price driver performance. Why not admit that?

Yes, you beat me on the combine. You also don't make any claims of trading success on elite---therefore, my comments are not directed at you. Peace. Surf