Put spreads, and roll the strikes lower each time you wanna lock in gains while still leaving room for further P&L upside.
Hmm, the old stories about him running Latency arbs have been taken down, along with the Medallion loss news bits prior to 2020. This is probably...
Hmm I thought it was common knowledge that Medallion's all about latency arb, i.e. speed advantage, and they've been suffering due to not exactly...
We probably have different interpretations around "information" and "advantage" haha. But if you're making money, then all is good! Have a great...
Guys with no information/speed advantage = no edge.
That's a good question. From my experience, this includes all guys whose methods where they have no information/speed advantage, so you can...
What kind of mentoring program is this? Are you trying to display responsible risk management into the kid?
Yeah it probably IS close to 100% for intraday traders with no edge, due to significant transaction costs. "The average day trader loses money by...
" The Ultimate Hypocrite: Robert Kiyosaki and His Company’s Bankruptcy "...
OK, I guess what I said before only applies to "lesser mortals" lol
Are you talking about fees at BAKKT? Or the bucket shops who advertise themselves as "exchanges"? I just looked at the fee at IB, it's at $15.01...
Of course these things are gonna get super popular. No intrinsic value, nearly nil carry, and super easy transactions: NFTs are perfect digital...
It's similar to poker where you really need to know which group of players/traders your specific trade expects to pick off; and if you don't know...
This is what happens when you reward the lazy, and punish the hard working risk-takers.
Any legit brokerage firm would do, I think you'd want to find a shop where they have proven ICE membership, and your money is at least protected...
You'll have to find the historical data from BoAML individually. It's a pain they don't provide time series of individual survey results.
Yep, now you're a master crypto trader too!
latest BoAML FMS estimates of how the cool kids are positioned. FYI, "cool kids" are mostly losers in the long run lol
It depends on which asset class you're betting the USD against. If it's against other fiat currencies, then yeah you're probably gonna be right....
OK as long as your EV is significantly greater than the fees paid, you're all good. Are you betting on the vol or expected price move of the...
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