For Black Scholes, Stocks are expected move higher at the risk free rate + be compensated for volatility. Why would you buy a stock if you can buy...
I did about an hour ago. I don't care too much though, just another trade. Targetting $1500-$2000 on 4 contracts. No biggie.
That's my favorite of all Miyagi's quotes and there's a lot of great ones. The 3rd movie was a bit of a let down but that one line put it up a...
Doesnt it also get trained by all people, so it has to be so stupid no? Just saying, lol
I use chat GPT a lot and it is horrible. Gonna cancel my 20 a month. It is always so confident, spewing garbage, and incorrect information. I...
Thanks for the post. Yah, I did some monte Carlo in Excel and because of the ridiculously insane win rate after 10-15 trades in most scenarios...
What is your average target? For example, are you targeting 1% returns, 3% returns, etc. Curious your risk of ruin.
I've been reflecting on this. I did change my strategy about 2/3 into the year where I stopped trading more marginal spots. Not only did I trade...
Interesting point on the goal not needing to be beating the S&P on risk adjusted basis as I only daytrade futures on the side and have a passive...
Oops, didn't realize. Yah, metals and grains. I very rarely trade ES.
Since I have end of day trading systems that I use futures for, perhaps its 20K on day trading futures. I don't have it split out. But my point...
The fact that you think its $4 round trip makes me wonder if you actual trade futures. I never said 25K is what I net a year. I used this year as...
You daytrade futures contracts and beat the S&P on a risk-adjusted basis for a multi-year horizon and with a good size notional (e.g. minimum 100K...
The cost of doing business in futures is so extreme, I would guess only a small group of elite people can consistently beat the S&P on a risk...
Happens fairly often if you trade futures frequently enough and have lots of accounts. You'll have a contract here or there. It never works out...
The game is much harder and edges are fewer and far between and much smaller. Maybe if you are a long-term trader your logic applies, but the...
Really? That's 25% annualized. Can you even name one hedge fund that has done this type of performance over the last 10 years? When you take away...
I don't understand. It's so deep ITM it's highly illiquid, but regardless, as it is worth $0, why would you be able to get out of it for something...
Start with a market value of 30x larger, trade it live for 2 years, give us stats, then let's have a conversation. Due to utility, if I take 10K...
You don't get something for nothing. That's interest my friend. If you held on to your december for a day or two longer, it would just implicitly...
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