Using options for hedging purposes

[atticus]

Quote from Tomaz26:

Yes, my mistake, I wrote declining years as a part of this 99-2002 subperiod, because I thought everyone allready knows that Nasdaq did not just decline from 99-2002 and that it also had a spectacular run-up. The part I wanted to stress was a decline and that you can also protect your profits even if there is a period of a big sell-off. Ofcourse that also meant that you still have to participate in some of the run-up.

As far as I can see, the strategy performs poorly only in long bull markets with low volatility, for other times it performs very good

Grow a brain, man. You're a Madoff wet-dream.

 

[Tomaz26]

Quote from atticus:

Grow a brain, man. You're a Madoff wet-dream.

I am doing quite fine,believe me. I have my degree and a lot of money for my age to invest so nothing to worry about... The only one missing a brain here is you. So far you have not contributed anything usefull and just blabbering about how much bullshit this paper is makes you look like a 5 years old kiddo..

Can you proove anything you wrote? No? I didn`t think so. And of course you could it is just that you don`t have time or a need to. Get a life morron.. Just because you have 6xxx posts it doesn`t make you a genious... Maybe you should take a look at some of the posts in this thread to see how to contribute something usefull like others did instead of your silly: this is a complete BS.. WOW, I wish I could have that kind of knowledge ....

 

[atticus]

Quote from Tomaz26:

morron.. Just because you have 6xxx posts it doesn`t make you a genious...

 

[Tomaz26]

Quote from atticus:

Trying to say something dickhead?

 

[atticus]

Quote from Tomaz26:

Trying to say something dickhead?

If you have to ask then you've failed the test implied by the re-quote. Only a complete idiot or the most inexperienced trader would accept that +23% figure on face-value. I think you've qualified on both counts.

 

[newwurldmn]

If you are okay with underperforming in up markets so that you outperform in down markets, why not just buy 1/2 the amount of QQQQ's and just hold it: no recurring transaction costs, qualified dividend status, and a cleaner position where you are less likely to make mistakes in interpreting your risk.