Treating Alzheimer's with Day Trading

Quote from Duref Mudgins:

This is a rough and tumble game you guys are talking about playing here. Do you ever get nervous if the option is close to expiration?
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I don't know if NoDoji's trading is the same but 90% of my options expire without being exercised.
 
Quote from Samsara:

I don't know if NoDoji's trading is the same but 90% of my options expire without being exercised.
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Being a lady, I tend to trade the underlying and I prefer an instrument with a decent tick size, you know. Once positioned, if there's a sign that the guy on the other side is about to pull out, I make an offer he can't refuse.
 
Quote from NoDoji:

Being a lady, I tend to trade the underlying and I prefer an instrument with a decent tick size, you know. Once positioned, if there's a sign that the guy on the other side is about to pull out, I make an offer he can't refuse.
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Now that was downright a work of art !
 
Not much for options, meself. I prefer futures because if you like the position you're in you can roll it over. And with short-dated futures, you can do it once a month.
 
Quote from Duref Mudgins:

Par hasard I tripped onto a new and revolutionary method for increasing the attention span of Alzheimer's sufferers. I have an elderly client who was brought to me by his much younger (and good looking, hmmm) wife. Her complaint was that he was losing money daytrading. As a daytrader myself, I barely stifled the snide retort "And who doesn't?" But I desperately need new clients, especially those who pay up, so I agreed to take the case. In our first session I asked the client, whom we shall call Joe, to bring his computer and demonstrate to me how he trades. Surprisingly, Joe has what appears to be a mildly positive expectancy system, which he uses to enter trades propitiously, but because of his mental deterioration, he inevitably fails to exit at a profit. Probing a bit, I elicited the self-observation from him "I know my system, because I invented it before my short term memory started to go, but after I enter a trade I soon forget why I did so and get disoriented." Eureka! "Joe," I said, "take the next long trade, and keep your finger poised on the Sell button. When you forget why you entered, stab it!" The attached blotter was the result. Now we are slowly working our way up to longer and longer duration trades using the time-honored methods of Vipassana meditation with the chart as the object of mindfulness. I am hopeful that we may eventually achieve trades which last a full minute.
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Thanks for posting that.. .good belly laugh :)
 
Thanks. But the best humor is based on events you could never make up. In this case the client was busy with other things, he doesn't remember what now, when he heard his eSignal one-second and one-minute codes chirp the sequence of sounds "ratchpop" "clack" "pop" "pairing." This was most auspicious, so rushing to the computer and without a glance at the chart, he poked Buy. He then realized that in his lustful haste he failed to note that the long momo was a rush to strong resistance, so he punched out and went back to wondering what it was he had forgotten that he was supposed to be doing. Three seconds to get to the computer, eighteen seconds to reluctantly conclude that he was stupid, and gratitude that his stupidity made $31, more than he used to make as a morning shift greeter at WallyMart before he got fired for hitting on fat old lady customers who appeared to be of promising moral turpitude.
 
You made me laugh and blush at the same time, if you ever get tired of trading you could always find a job writing dialogue.
 
Quote from Tonkadad:

You made me laugh and blush at the same time, if you ever get tired of trading you could always find a job writing dialogue.
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Yes, NoDoji is the tops, so to speak. I'm guessing that she could write the next Fifty Shades of Grey, but with realistic sex content.
 
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