letting go of the past (maybe?)

Discussion in 'Options' started by Baozi, Nov 9, 2022.

what should I do?

  1. (*cue in frozen soundtrack ) let it go, let it go...

  2. it could still be marginally useful

  3. you are just a few tweaks away from the Holy Grail

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  1. Overnight

    Overnight

    Density derived from non-traded metrics. Interesting.

     
    #11     Nov 9, 2022
  2. M.W.

    M.W.

    what else, unless you look to price strikes and tenors which are illiquid. Your own model should be derived from metrics other than traded prices else you end up predicting the same that you used to derive your model.

     
    #12     Nov 9, 2022
  3. Baozi

    Baozi

    Gentlemen, thanks a lot for your contribution. Now I can finally pull the plug on this chapter and move on.
     
    #13     Nov 10, 2022
  4. Book it under "Wasted Times & Experiences" :)
     
    Last edited: Nov 10, 2022
    #14     Nov 10, 2022
  5. It's incredibly arrogant (and very human at the same time) to assume you start in a domain suffocated by competition like perhaps noone else and the first idea you get as a clueless newbie is going to be the jackpot.

    It's arrogant and stupid because it never works. It's human because can't be otherwise, if you wouldn't foolishly believe in your inexistent prowess you wouldn't even embark on the perilous 10,000 miles journey to find the holy grail of trading.

    After 20 years of experience in the domain I can tell you that even after you get to EXPECT the unexpected, what you eventually find that actually works still surprises you. And no, it's not the original idea you start with, far from it.
     
    #15     Nov 17, 2022