Use Kelly Criterion and you won’t bleed to death, especially if you truly have positive expectation. Taleb Fund never bled to death. Also, you...
Is experience at a prop firm required to be a successful retail trader? NO. One example, Ray Dalio. Basement hedge fund turned Bridgewater & many...
Peace Mark, Kindly; I believe you're missing the point. If you look at HOW options are priced via the models used by option dealers...
Peace, Specifically, seek to understand the flaws in how they’re priced. Peace, Amahrix
I am advising him to learn from them the logic behind risk taking. Their system involves finding your probability of winning and expected payoff....
Your post is fallacious. Just because they created it, doesn’t mean they can’t lose in it. Time and time again they lose. The irony is they...
Peace, It's very simple. Find your edge. Backtest it. Would it have worked? Are the odds in your favor? Losing money majority of the time, while...
Peace, <<<I think with selling there is too much risk, you could win 8 times from 10 but that 2 trades will delete your winners. I am sure there...
Peace, How does a trader start in exotics... with $5,000....... are you talking exotics such as compound, barrier, etc or just complex options...
Peace, Ended up doing a put credit spread but deployed the calendar on NWSA(short $14 Aug17, Long $14 Sep21, and BABA(short $172.50 Aug17, Long...
Peace, Position sizing is important factor as well. Peace, Amahrix
Peace, You can just short and have your own supercycle, except on the way down. :sneaky: Peace, Amahrix
Peace, I just realized your strikes are very tight. That, for sure, is a hail mary, lol. I was thinking much more OTM. Peace, Amahrix
Peace, What's the purpose of modeling the vols on the leg, in general? And what is an example of doing so? Thanks in advance. I think the trade...
Peace, Thank you for your reply! To be more specific on my end, my trade is short Aug17, Long Sep21. The other gentleman's trade is much more...
Peace, What I got out of your post is basically that Erdogan is de facto the most powerful human in the world right now. What I mean is that he...
Peace, Can you help me dissect what you mean a little more so that I can understand? What is the purpose to see where vol stabilizes? Are you...
Peace, What do you mean by 'skew' exactly? Is it that the market thinks it's most likely headed in one direction versus the other and not an...
Peace, Raise rates & stay committed to it, slow the local economy down, reorganize, and move forward again in the future, God willing. So easy,...
Peace, It’s ironic you used M as an example as this was the stock I was planning to execute the trade on earlier today. It’s also ironic you...
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