You're right! The going-up-like-no-tomorrow wording was mere hyperbole to indicate exuberance in the market. Its was also stemmed from a rhetoric...
Looking forward to connect with other Options Traders.
The psychological barrier of 7000 was good to bring some NDX vol back. NDX and RUT appears to be the only hedgeable indexes. Everything else keep...
Brother, thanks for this post! I read it over 10 times. Lot of us can learn from this. Most of traders are probably experiencing meteoric growth...
Hmm, I don't know! A good trader needs to have be his own internal risk department!
In a past life I managed a bunch of high-power sales execs. They brought in multi-million dollar deals for the company. They could take a client...
@Xela is correct, Mr. @SimpleMeLike What you do with the pattern is your strategy. I'm an options trader and always hedging to neutralize my...
Just trade! Patterns will start appearing. Bet small and you may lose some money. The losers is what teaches you the most. Then you reverse the...
Actually @tomorton is right! I went from a series of 20% annual return strateges to a 100 to 150% strategies with more attractive risk controls,...
Gotcha! I read the "profitable" part as credit spread. This would be interesting to construct and see how the settlement prices moves along.
Trading gives tremendous level of liquidity that other mainstream businesses can't. I don't think I can unload 3 bobcats at the same ease as...
Fat-finger mistake. I meant OTM options. ITM wouldn't shock the VAR numbers on the risk metrics. Usually OTM show up as big exposure risk for +/-...
Why wouldn't the firms Risk metrics not flag such positions. If any deep ITM puts or calls were sold, wouldn't the VAR or exposure risks be...
Its already beginning to look like that. The numbers are becoming meaningless. I just a have a weekly aim that I target and as long I meet that...
Actually @sle is right. I Sorry, I wasn't referring to your not understanding risk/reward from a trading perspective. But realizing the mental...
Hmm, savant? I doubt it. But, obsessive compulsive, yes! Unlike most people on this forum, I trade options full-time. I've been glued to the...
@lawrence-lugar, bro! You don't get a lot of love on here, do ya?
Its less about immunity and more about time-based diversification. How long you hold on to an asset is another way to spread your risk. There are...
Bob, You're a handsome looking fella, :) - m
Friend, I never said anything about these strategies working 100% of the time. They work for short periods of time. Most of my 100% strategies...
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