dest's vol-arb and modeling journal

Discussion in 'Journals' started by destriero, Apr 12, 2023.

Should dest have mod-privileges on his own journal?

Poll closed Apr 19, 2023.
  1. Yes, stud.

    71.0%
  2. F no!

    29.0%
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  1. Darc

    Darc

    #181     Apr 15, 2023
    taowave likes this.
  2. SunTrader

    SunTrader

    Good slut. :p
     
    #182     Apr 15, 2023
  3. Baron

    Baron ET Founder

    If you want mod privileges, then you'll need to lay out exactly what your moderation rules are because this much I can tell you:

    Being a moderator and being a dictator are two different things completely. Based upon the many issues you've had with countless members in the past, banning whoever you want from your thread using whatever emotion you're feeling at the moment as the basis for your action isn't being a moderator. That's just being a dictator.

    So again, if you want mod privileges I'd love to know what your moderation rules would be. Nobody wants to see their posts getting edited or deleted by you based on your random emotions and feelings, or because you suddenly designated them as "trolls".
     
    #183     Apr 15, 2023
    Nobert, ktm, SunTrader and 1 other person like this.
  4. destriero

    destriero


    I would only delete outright troll posts which have nothing to do with the topic at-hand; such as:

    @schizo's post, etc.

    If it's on topic, I will not delete/remove even if it's critical.
     
    #184     Apr 15, 2023
  5. Why do you even waste your time here? I spent the last day going through hundreds of posts (I'm new here, not new to trading) and almost everything on this site is utter garbage. Why even bother with these peasants? Surely you value your time and sanity?
     
    #185     Apr 15, 2023
  6. destriero

    destriero


    I like to contribute to push ppl in the right direction, but I am a bit abrasive and intolerant of BS/frauds, etc.
     
    #186     Apr 15, 2023
  7. destriero

    destriero


    I would never edit a post.
     
    #187     Apr 15, 2023
  8. Roger that.

    I've been trading futures for years. Never traded an options contract in my life. Looking now to make money during periods of volatility and lack thereof. If someone wanted to dominate the options market, where would you recommend they start? Loads of B.S. out there and I don't want to poison my mind with false info.

    Should I just download an options calculator, try to project estimated value on future options prices (price projection) and try to figure this out on data alone and skip the books? ie. Experience? Or is this a skill that needs to be trained and learned from outside sources?

    Thanks.
     
    #188     Apr 15, 2023
  9. newwurldmn

    newwurldmn

    You need to learn how option prices move in theory.

    then you need to learn how they could move in real life.

    then you need to learn how to make a vol / spot forecast that exploits the theory or the violation of it.
     
    #189     Apr 15, 2023
    semperfrosty likes this.
  10. I assume this is because Market Makers have everything priced in and the only way to make money is from unexpected changes in vol and/or price? You essentially have to outsmart their model?

    Edit: Ya, I'm on TOS right now looking over options prices and it seems that you will never making money just buying options as they're efficiently priced. Okay, so the name of the game is to find out where their model breaks down and profit from it. Thanks for the heads up.
     
    Last edited: Apr 15, 2023
    #190     Apr 15, 2023
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