You are quite correct. Jack Schwager reminds me of John McPhee in that way.
How is it wrong?
The bank does not loan out your deposit. They invest it in the safest investments they can find, typically t-bills or other US government...
I think he was trying to say that the increase in price from week to week is greater than the net profit the gas station makes on the gas. So...
It currently has $1.27 of time value and no intrinsic value at all. 54.50 is only $0.50 in the money. So it will only be worth 50 cents when...
I could go on and on describing the many women that I know who lead impressive and responsible lives. Women who don't scam money, sleep around or...
Ridiculously misogynistic bullshit. There are just as many stupid and badly behaved men as there are women. And as far as intelligence and...
I have a "spaceship" desk lamp just like the ones in Gordon Gekko's office. That was just a coincidence though. That's about it.
More power to you then. If I had any useful advice, I would give it to you...
What's wrong with civil engineering? It sounds like a lot of fun.
bbot23, thanks for the clarification.
Thanks again everyone for the info and thanks baro-san for the calculator, that was really interesting to play with. Happily, my profit target...
Just curious, what would you do about EP? They were up 5.5% today with a volume of 25 million shares. I got that from the finviz top volume...
Very smart, now that you mention it, I think the covered call writing thing is precisely what is going on here.
Thanks! By putting a name on it you've made it easier to google.
Thank you for your response. Proportional doesn't mean that they move the same amount (actual or percentage). It means that they track with a...
Hi Everyone, There is an options question that I've had for a very long time that I've never quite been able to find a good answer to. I was...
I just wanted to jump in a say "watch out!" Whenever I start to feel like I want to "recoup" a loss is when I start making bad decisions. Best...
My comments refer more to fading losing systems rather than losing traders. Traders lose big because of psychological reasons. If you could...
Because everyone else is being coy about it, I will tell you why it won't work. :) I know because I've test thousands of strategy variations,...
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