This is great lesson to see how hard is to make money, but don`t get blinded by impressive performance reports.
JM, I trade options now, but software and spreadsheets give me just additional details, whereas core strategy is based on simple logic.
It happened to many. In my opinion the best is to take a break, cool down and learn/test some more. After some you`ll realize how much you have...
Dumbest thing for me was getting deeply into systematic trading and software involved in this. Although I had learned a lot in the beginning,...
JM, I have to say that depth of your thoughts and conclusions is very impressive. Unfortunately fight for money has replaced fight for...
Most of these money oriented statements prove that money means power, and the power makes people stupid. Regarding absolute power - it makes...
The topic was discussed several times on ET. Use your ET search towards "trading job, careers" etc.
Coach, congrats on your Millepage thread. How far to Guiness record ?
What a loss. His show was very inspirational when I started my market education. May he rest in peace.
If you prefer to stay with futures you may consider CTA or CPO. You may operate from outside the US being registered with NFA at the same time.
As you develop as trader you learn to keep quiet in following stages: 1. With your family 2. With your friends 3. On trader`s forums (like...
No apologies necessary. I do not need any applause, but I am not here to play games neither.
To make long story short I am enclosing this material. There is no point to continue that discussion as it went into dead end (in my opinion),...
Regarding discussion which took place about a week ago; article by John F. Summa with some important statistics: /Option traders rarely take...
As we have been working recently on this issue, IMHO whole thing is too complex for forum discussion, but some points are taken. Theres is one...
Directional bias or some more in position ?
this means we both graduated about the same time :D
Another thread on ET was about certificates (what financial certs are being used). My favorite certificate was BTA ...(here number e.g. 1)...
Dave, Try to compare models by calculating expected return distribution of your IC. Check also conversion of your bear call spread into...
Risk, looking forward to....
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