This Forum overtrades options

[bwolinsky]

Quote from atticus:

Also disturbing.

Atticus, why is that disturbing?

As soon as I published that thread P Diddy got to re-do a scene about how putting on a concert by an unknown artist proposed by his new intern was a mind fuck. I really enjoyed the movie <i>Get Him to the Greek</i> because of that since I said this months before the movie came out after tweeting that I do it with models all the time and by the inference probably liked it.

MF became a trend and a buzz word that started with the quant humor thread which also followed my initiation, and if you look at posts before that you'll see my syntax and vernacular change since projection started to bring me releif for the need of attention and I realized any publicity is good because it's likely to work just as an election does, some people will like it and some won't, but the distribution is probably 50/50 there.

 

[bwolinsky]

Quote from atticus:


Unquestionably probably right?

Yeah , that was bad syntax, but I guess I didn't know any way of telling you that he'd shown the scientific evidence of it and since we won't ever know for sure my opinion is that he's probably right, maybe not unquestionably but the presentation is pretty convincing there. Unquestionably to me, probably not to you.

When it comes to channeling I think it is possible to meditate or think about things and gain an understanding about the cosmos. He said he can channel but I think that's just intuitive meditation delving into the deep unknown that is the universe and its infinite possibilities. Lesser minds cannot do this, but opening up is vital if you want to try. Since you do yoga you might want to start thinking about what I've said, and I must warn anyone who reads this that they may see visits from the greys if you do start to believe what I've written here regarding their existence and purpose for being here.

Indeed, by 2012 the ideas in this thread will be analyzed and I know when that happens THC will be more than just a channel about alien history.

 

[BeatingtheSP500]

Atticus, your prestige here is tarnishing for even conversing with this nut. What are you trying to accomplish?

 

[ammo]

Quote from bwolinsky:



When it comes to channeling I think

can you find a channel and stay in it,your like a watermelon dropped from a 6 story building on letterman,everywhere,try to train your a.d.h.d. to watch and concentrate on a limited number of things,since you can't concentrate on one,or concentrate,you wander everywhere,tyr to create a maze to contain your attention points,you can still wander,but with a limited number of pursuits you will get better at each instead of marginal at a few and pure lunatic at the rest,put a governor on that go cart

 

[atticus]

Quote from BeatingtheSP500:

Atticus, your prestige here is tarnishing for even conversing with this nut. What are you trying to accomplish?

Yeah, you're right of course. I am overwhelmingly concerned with what you all think of me. Maybe I'm bored, procrastinating, etc.

 

[bwolinsky]

Quote from atticus:

Yeah, you're right of course. I am overwhelmingly concerned with what you all think of me. Maybe I'm bored, procrastinating, etc.

I don't think procrastinating and communicating online is a cure for ennui; it might exaccerbate it if you don't get an immediate response like this.

Besides, I know you're joking when you say you're overwhelmingly concerned with what you all think of me.

You're here for attention, and get feedback every time you post, filling the need in the back of your brain to form coherent, ingenius sentences so people will think you're smart. That's not what I'm about.

Nobody has commented on anything here. Nothing. The only comments we've gotten are "Nuff said", "This thread is veering into surreal territory", and "What's Albert Einstein's definition of insanity" when I know that atticus will just show back up to give images about my model's performance, and I've defended myself completely.

Learn from God, or learn nothing else from this thread other than to try and actually make money with options, rather than using strategies that have no capability of producing a profit. Seriously, the next time somebody trades I hope after reading this they'll actually think about which way the market will move, because it is completely described, governed, and moved by supply and demand and Price Physics.

I'd like to see if there are some people capable of producing content as detailed and verbose as mine, and since I feel nobody really wants to say anything this thread may be coming to an end, but I have made my points and I will ask the mods to leave it open. I've also asked them to remove anymore comments that aren't directed at my content, or about what others have said about content.

To any future posters beyond this, I'm not interested in reactions or trading cliches. I only want response to what I've said here. If you can't do that then don't post. This thread is great, but don't take away or add anything to it, because it's perfect. When you reply please only quote me and only quote people that have actually commented about what I've written.

The story of my life is very close to this, so enjoy, and please follow the rules going forward.

<iframe width="420" height="315" src="http://www.youtube.com/embed/CwepN7xmUtE" frameborder="0" allowfullscreen></iframe>

 

[atticus]

Quote from bwolinsky:


Learn from God, or learn nothing else from this thread other than to try and actually make money with options, rather than using strategies that have no capability of producing a profit. Seriously, the next time somebody trades I hope after reading this they'll actually think about which way the market will move, because it is completely described, governed, and moved by supply and demand and Price Physics.

I did 1,300% under a flawed execution engine, lifting offers and hitting bids, in less than 4 years. More importantly, during the worst market since the Great Depression. Not to say it's replicable, but it beats your 50% loss by quite a margin.

Your opinions on trading are without value, as you've never traded profitably, with sim or cash.

 

[atticus]

Quote from bwolinsky:

but don't use a strangle, or an iron condor, or any other that requires you to bet for moves that would take away from the profit of the other.

Would you care to elaborate?

 

[bwolinsky]

Quote from atticus:

I did 1,300% under a flawed execution engine, lifting offers and hitting bids, in less than 4 years. More importantly, during the worst market since the Great Depression. Not to say it's replicable, but it beats your 50% loss by quite a margin.

Your opinions on trading are without value, as you've never traded profitably, with sim or cash.

C2 is experimental, and since I didn't have any money to trade with it was a good option to see what my models'd do.

Not all of them were minus 50%, atticus. It doesn't sound like it was worth it because any $10,000 would have made way more than what your fees were, but I'm sure you had way more than that, unless you really don't take all of the trades you purported but especially had problems with roll? Hedging? I'm not quite sure what your problems were.

 

[bwolinsky]

Quote from atticus:

Would you care to elaborate?

A strangle is guaranteed to have one losing side at the time you take profit in the other. This means your loss is about as equal to your gain and even though the idea being to remove one of them to let it go back to the strike is not a good strategy because you shouldn't even put the trade on in the first place if you're so unsure that putting on both of them will mean you'll be about breakeven after taking the profit one side and assuming you get out of that side for it to go to the other I don't think you should even put on strangles.

The iron condor's spread is only profitable with timing but that's like with the others, thus why it's still better to put on a directional trade than take the spreads out at strikes that might not ever hit, or they hit at different times or even expire before they hit just to go up on maybe a month or 3 months out when if you would have paid for theta it would have reduced volatility and made the trade more profitable with a higher probability of winning.