It's bad because it lacks discipline. You enter a trade for a reason. You establish a max loss and exit strategy before you enter. That trade goes...
I think it is how FSU says. Only on a double take did I realize you were saying it wasn't. The original structure would be odd. The B-Fly would be...
"High IQ people are not lazy" Many are.
Looks a bit like something I would do. Just mine would have fewer 115's and more 125's. I personally do not like the "what is this person trying...
"The system essentially tries to mitigate risk by reacting to the price movement after entering a position." "in order to lose in this system,...
"there are not many idiots to buy at highs" How 'bout smart people? I can't imagine how many times I must have bought the high or sold the low of...
Correlation is a four letter word. In regards to trading, no other word scares me more.
You are currently net short one put. To cover that risk, you somehow need to get net long one put. Maybe try some put 1*2. Graphing it is easy and...
Steve, Yes, You are thinking correctly, and that would be a fine structure for what you are attempting to capture. My criticism would be around...
"So my question for those who make their living trading options - in your opinion, is this a good options trade?" I'll let you know Aug 3rd.
Unfortunately, options are the king of all financial products for the "Ah-ha" moment. No matter how well you think you understand things, until...
I remember on one of the exchanges I traded, every few weeks or so, several futures guys would pop 'shrooms about a half hour before the bell, and...
If someone were to write a book explaining in great detail why the Fed doesn't do 1/10th of what they project themselves as doing. That the CB is...
I have assigned people on options that expired OTM. It is rare anyone does that, so they need to be EXTREMELY close. Mathematically speaking, they...
The detailed answer would be massive. So go with "just varies on a case by case basis" and add in, always subject to change. The more you look at...
Thanks. I was a senior officer and the head of trading at what the OP would refer to as a supermajor, with a specialization in complex synthetic...
Man Destriero, you went deep. I just saw he was wearing a tie and knew he couldn't be a trader. Probably a stock photo. (Just joking of course,...
To trade NG???? Absolutely unnecessary. With all due respect, that is terrible advice.
My personal recommendation is to go for a scheduling position. That will be the easiest route for entry. Getting onto a trading desk from there...
Well some Italian dude once said "there is no greater mastery than mastery of oneself." (Although he probably said it in Italian and I think the...
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