I'd like to know how many of you guys started trading in 1970s, have been trading consistently since then, LOST 25 million as recently as Feb 2018, and are still trading. And also started racing horses. And trading art. And still relevant enough in 2019 to give an interview for a trading podcast. That's 40 years. 40 fucking years. The fact that the guy switched to selling premium in low vol means he adapts. He started with options before futures iirc.
There must be a fine line between addiction and dedication. Wonder what it is? Maybe addiction is losing discipline?
The guy on the right is Bill Belichick mumbling "How the hell are we in the wild-card round this year?"
Yeah, selling premium in low vol. Makes sense. That is all that he is doing. Feb wasn’t timing... he is always in. Losing 1/2 of your LNW in a week isn’t gambling, it’s suicide.
What we need is more interviews. Contact the following trading podcasters and ask them to interview Marty. https://mebfaber.com/contact/ info[@]trendfollowing.com Aaron @ chatwithtraders.com
Personally, I find it uncomfortable taking on strategies that involve open-ended risks. Selling options for income is one of them. Marty Schwartz is a market wizard. I believe he knows how to manage the open-ended risks.