lol no no - the very fact he thinks you're someone else is disproven by you not having a clue who I was referring to.
Great "proof". I am going to submit it for consideration to be published in the "Annals of Mathematics". Wait for the referee report
While the kids play joyfully in the kindergarten, let's take a look at the market: ES FUT 202303 CME 50 E-mini S&P 500 [ESH3, 495512572, mult: 50] ES is still up at 4101 and this means more losses and decay for our long legs (layers in "red"): -17K, -27K and -39K. However, we need a "protection mechanism" for our gains, even if costly. Also, we are building up a specific payoff configuration.
dude, you're just fulfilling every checkpoint that they're claiming against you. this feigned arrogance is tiresome and easily observed by anyone with an IQ north of 100. you have nothing. if you had something you sure as f*ck wouldn't be soliciting to manage for others. you'd keep it all to yourself. spare us all the altruism.
The leg inflicting the largest loss is this one, with around -40K (and we have other 2 of those losing legs): ES FOP 20230818 4000 P CME 50 E-mini S&P 500 [EW3Q3 P4000, 574680266, mult: 50] Could we have avoided it? Yes but in that case, we would rely only on the long scalping activity of the automated layers, in order to hedge, like for instance shown here: Transfer: ES FOP 20220531 2400 P GLOBEX 50 → ES FOP 20220826 2750 P GLOBEX 50 Transfer: ES FOP 20220826 2750 P GLOBEX 50 → ES FOP 20220916 2870 P GLOBEX 50 Transfer: ES FOP 20220916 2870 P GLOBEX 50 → ES FOP 20221114 2800 P GLOBEX 50 Transfer: ES FOP 20221114 2800 P GLOBEX 50 → ES FOP 20221230 2600 P GLOBEX 50 Transfer: ES FOP 20221230 2600 P CME 50 → ES FOP 20230120 2800 P CME 50 I much prefer this folio configuration, because most of the time we end up "eating the protection" too, as often we can turn it into a profit. We will see ... Note that we started this trading session without any "protective structure", but only relied on long scalping. This is the period of the war news that has caused a 5% DD. Certainly not so bad, considering we had only naked shorts. But in that case, the "protection" would have spared a lot of it.