Trading price action doesn't imply ignoring the critical 'alert zones' if you will, R1, S1, fib retracements, extensions. Rather it makes the...
Focusing purely on price and volume is probably the most objective analysis and method of trading If you keep things simple in your analysis...
If it's true that SAC benefited from the their retail trader's insider knowledge, then I hope that he was the proverbial one bad apple and that...
I was wondering if anyone wanted to comment on the recent inquiry into the recommendations of a Holly Becker of Lehman Brothers on Amzn back in...
Guys, Thanks for all your thoughts and comments. This has been a really good thread and I've picked up a few helpful insights along the way. If...
Trajan: Man, it really takes cojones of steel to be a market maker. although lots of people like bashing the specialist for all their problems,...
Found this on Mcmillan's site. He gives us the lowdown on specialist thinking and trading- Question: Let's take an example from one of your...
interesting input guys. After thinking about this for a while, I've come to the conclusion that even if the specialists understand the flaws...
I agree . The mmaker most probably doesn't care about taking the other side of a trade like that because he is hedged within seconds. I wonder if...
A covered put in anticipation of a breakdown sounds fine to me. Like i mentioned earlier, the example I chose, the brl trade, wasn't posted as...
No matter how many times we take hits in the markets, we always reserve ourselves the right to better judgement in the future and if you're...
Re the math: I de-annualized the implied vol figure to match the time frame I was looking at. Vol figures, whether statistical or implied are...
AAA: Yup, interesting point. And as you say, why not trade cash for directional bets. I would say yes and no. I would trade the underlying...
Nice input. I'll try to answer your points: 1) Wide bid-ask. Sure, that's a problem that cannot be overlooked. However, I look at it from a...
AAA, You raise a good question that I wrestle with constantly in my analysis. Market makers are in general, on top of things when it comes to...
Redzuk: Thanks for your tip and link. I read the thread and found it quite interesting. Much could be said about Niederhoffer's and Taleb's...
Well... so much for a first post...
I was wondering if anyone out there is interesting in discussing some of John Bender's comments on option pricing from Schwager's 'Stock Market...
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