How did you learn the intricate rules of trading Futs and Opts ?

Discussion in 'Options' started by traderwald, Jul 23, 2019.

Please give 1 or 2 most significant resources you used to learn strategies to trade Futs and Opts?

  1. Formal Education with subsequent foray in Investment banking institutions

    1 vote(s)
    5.6%
  2. Exchange website and other online resources

    6 vote(s)
    33.3%
  3. Textbooks

    6 vote(s)
    33.3%
  4. With help of mentor or at trading clubs

    4 vote(s)
    22.2%
  5. Other

    10 vote(s)
    55.6%
Multiple votes are allowed.
  1. Baozi

    Baozi

    Gotcha!
     
    #21     Jul 24, 2019

  2. I agree .. I guess most of the votes for the 'Other' option are for 'Hands on trading' ..

    Not sure if there is a way to update the Poll.
     
    #22     Jul 24, 2019
  3. voldrop

    voldrop

    I recently started follow @destriero. It seems like he's using some complex tools to do his modeling, nothing near to what a typical retailer would have access to
     
    #23     Jul 26, 2019
  4. Overnight

    Overnight

    He's not a typical retail trader.
     
    #24     Jul 26, 2019
  5. voldrop

    voldrop

    No he’s a pro. I’m reading a book about him. He was using neural nets in early 2k’s for entry signals. Most people didn’t know what that was back then. I wonder what kind of models someone like him would use. I’m sure it’s everything custom with ai for entry signals and trading in multiple world markets, otherwise someone can’t hope to trade like that.
     
    #25     Jul 26, 2019
  6. Overnight

    Overnight

    Well, he's not a cyborg, either. He's a human being, hehe. Maybe pose a question here for him? If you prick him, does he not...bleed?

     
    #26     Jul 27, 2019
  7. voldrop

    voldrop

    He said in his journal recently that he was being questioned by the SEC for posting here and is leaving for good
     
    #27     Jul 27, 2019
  8. Rumor has it that he has the last known working copy of Ranger (formerly TICShell). Running on an old pizza-box SparcStation held together with duct-tape and baling wire. AFAIK only 12 copies were sold before some FX vol group in London bought the whole thing and it disappeared. Would have been circa early 1996, IRRC. Borish left TIC shortly thereafter, same with Hirshfield. Lead developer was a guy named Adler out of the Technion, with a one syllable first name -- Dan or Ben or something like that.


    Edit: Borish left Tudor in 1994, according to Wikipedia. And he was in charge of the Ranger project. So my memory is obviously faulty on that 1996 date.
     
    Last edited: Jul 27, 2019
    #28     Jul 27, 2019
  9. contra

    contra

    ranger1.png
     
    #29     Jul 27, 2019
  10. Yeah, that's Ranger.

    When I first saw your post I thought "WTF? Does Contra have a copy too?" But now I see it is an old screengrab, probably scanned from one of the sales brochures.

    If you've still got Ranger marketing material lying around, you've probably been in this business as long as I have.

    The group in London who bought the Ranger Project were the Fenics guys. Again, IIRC.
     
    #30     Jul 27, 2019
    contra likes this.