The bottom is in for Silver

Quote from cvds16:

I'd like to repeat myself: 'anything can happen' :D
that's the reason I don't go overnight aymore with anything and as an option trader in the past was always deltahedged to the last 50 delta's and either long gamma or only very very slightly short gamma if I got compensated enough in my theta.
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About 2% of this forum will understand that post. And I may be being generous.
 
I might be wrong for the next 24-48 hours, but I believe I wont be wrong in the long run. Some of you guys are overleveraged to your ass so calls need to be made so precisely otherwise you get a margin call.

I know there are some high-income guys in these forums who can afford to lose and they give a little to the markets everyday. These are the guys who say "anything can happen". Come on, you treat this like its a cards table and I do in fact believe you donate a little money to the casinos on occasion too. Im not like you, I dont think like you. You are in your own world.

Quote from cvds16:

I'd like to repeat myself: 'anything can happen' :D
that's the reason I don't go overnight aymore with anything and as an option trader in the past was always deltahedged to the last 50 delta's and either long gamma or only very very slightly short gamma if I got compensated enough in my theta.
More...
 
Usually guys who talk in a complex manner want to hide their true P&L or Profit&Loss for those who dont know what P&L stands for. All we need to know is your percentage&real dollar return. Who cares about Alpha, Beta, Gamma? Are we talking about physics or stock trading? When you see a guy talking about physics in a trading forum, then run away quickly.

Quote from ogarbitrage:

About 2% of this forum will understand that post. And I may be being generous.
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Every guy I meet in these forums has practically no losing days. They always have a lack of trading tickets to show you, but never a lack of losing days.

Quote from cvds16:

when I was doing options: I was the house and in my house there were practically no losing days :D
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Let's make this more clear for you: I am talking on average making somewhere between 500-1500 USD a day, I maybe had one or two losing days a month (that's over 90%) , a really bad day was when I lost 100 USD ... I did at least 20-30 trades a day ... and no, I won't fax you my income tax statements ...
 
Quote from sirmagic:

Usually guys who talk in a complex manner want to hide their true P&L or Profit&Loss for those who dont know what P&L stands for. All we need to know is your percentage&real dollar return. Who cares about Alpha, Beta, Gamma? Are we talking about physics or stock trading? When you see a guy talking about physics in a trading forum, then run away quickly.
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How about this. If/when SLV stops going down, I might buy some. Simple enough? As far as losing days are concerned, I have them, it's no big deal. Now losing months, thats a different story. Those are rare.
 
Quote from cvds16:

no, I won't fax you my income tax statements ...
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Im no stranger to a high school locker room. I actually went to an American high school. When it came time for gym class, in that locker room a lot of guys had these stories and they were almost always of good fortune. There were always stories about sleeping around with the ladies in the high school. However, outside of the locker room you never saw any real evidence that the story was true.

So, if you wont provide some type of proof, then I will regard your statements as nothing more then locker room banter. Its cool. We will laugh along with you still, smile, knod and say "thats cool", but all it will be is locker room banter.

I understand the concept of the locker room and of networked video games. The concept is that you want to portray and live out a certain life that is not really true. Its fun playing the part of a US Navy Seal playing against other players over the internet, but just remember, beyond the video game you are not a Navy Seal.
 
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