saying that you do not have time is what is "absurd". i guess in one big stream of consciousness you quickly put out 5000 plus posts....and maybe even more..... i do understand though trying to explain your actual trades would get quite tedious. you are right on that point. it does not matter to me , because my connections in nyc taught me how you trade. it is not bad, grinds money out ,takes time, and much effort. again,you are right , there is no secret and it is definitely hard work. one thing that you are misleading about is your intent. anyone who believes that you are not here to "swing" traders to your prop is extremely naive. there is no other reason why you are here. i must admit, you have worked hard to build that persona, the insults are i think what really gets people to believe what you want. very good.
This is really comical. I have to continue to come on here and defend why I don't single handedly tutor everyone on this board. Do you have any clue how many hours a day I put into my job? I mean seriously. I'm in my office 10 to 12 hours a day and on top of that I spend half my evening and weekend returning e-mails. I have a million different projects I'm working on right now and you call me out on not spending time to go into detail of how I trade. That is pretty funny. Yeah, I have 5k plus posts spread out over 5 years! Most of the posts came pre-2006 when I started running my office and even then it comes out to a 3 post a day average. Most of which are just quick rants. Seriously, do you think I deserve any time to myself away from trading? Do you have any idea how many PM's I get from here asking for help on this or that? I try to be a gentleman and respond to each and everyone of them even though I really don't have the time. Including your PM asking if you can sell naked puts at my prop firm. I'm not on this thread to recruit. There are three people from ET that have accounts with me, two from this thread. I have been asked several times by Sailing to come on here and post and respond to posts. He has a group in Michigan that actively reads, but doesn't post on this thread. So I feel obligated to jump in here from time to time and offer my opinions on whatever the topic is. I do this because he ASKS me to. The truth of the matter is 95% of ET does not have the capital to trade at my firm so recruiting is a moot pt. But like I said, since two of the guys from my group post on here (Phil and Murray), I spend a little more time here then any other thread. And I will say this one more time. You either get it or you don't. I could give example of how I trade all day long. I can sit down with you for 15 hours and explain to you what I do. It's not going to do much. I can't give you 11 years of trading experience in a nice short post. I can't teach discipline and focus on a message board. I can't go into all the nuances of how options are priced in a quick response. You want quick satisfying answers, I can't offer that. You want answers, solutions, secrets, strategies, blueprints, they don't exist. All I can do here is take a topic at hand and offer some feedback on it. Some will get it, others won't. You can accuse me of anything you want, I'm one of the few guys in this business that are completely 100% honest about the business. I don't hold back. You want to question my integrity, PM Phil or Murray. I've been in this business for 11 years and you won't find a single person that has a negative thing to say about the way I go about my business. That's pretty rare. Most my friends would lay in front of train for me. I guess you have no explanation for the 4k plus posts I had on ET before I started running an office. Look, you can question my statements on options all day long, but don't you ever question my integrity or character again on a public forum.
you are confusing me with someone else. i do not want to know how you trade; i already know to my satisfaction. i am being mentored by professionals (whom are my friends and family) using their guidance and software (Bloomberg). i asked the question about np's like you post. just a quick rant. ibk is fine for now. i did not want to talk about that on a spread related thread, so i did it privately, duh. note please that i did not ask how you trade. in my main business, the more friends and acquaintances i have (ie:networking), the more business is generated. i get work from all my buddies on wall street while i use their knowledge for my option hobby. i see nothing wrong with connecting with people as you do to get customers. 2% is worth it ; it all adds up. what i do not like about you is saying that you do not do that , your temper, and your degrading insults. the 95% of the people here that you say cannot play at your level may be quite successful elsewhere. maybe, at 40 i just am a different temperament than you. nonetheless, i believe you are indeed trolling for customers in your own unique way. do not forget, in my pm, you asked me how much i can bring to the table. again, i see nothing wrong with that; what i really detest is saying that you do not benefit financially and most importantly, intentionally from your long tenure here.
Domestic, look, you are going to believe whatever it is you want to believe. Nothing I say is going to change that. You think I'm trolling here, fine. You have offered no evidence, no data to back up your assertion and you have no answers to the questions I posed. We'll leave it at that. The reason I asked in your PM what your bringing to the table is because most of ET has very little to bring to the table hence why it's useless for me to recruit here. You think I want a guy with 10k to 15k who wants to sell naked puts? LOL. Come on man, I'm not trying to be condescending here, but I have to ask that question. I would love for you to quote one of my comments where I degraded someone on this thread. Just one. I can't recall any instances where I have done that. I use strong language and I've very forward, but that's because my time is valuable. That is not degrading someone. So I will say this one last time, I am not getting any financial benefit from posting here. I have two members on this thread who have accounts for me and those are 6 and 7 figure accounts!!! If you are going to accuse people of something, at least have the decency to bring some empirical data to the table. Otherwise you are simply degrading yourself. BTW, several people from this thread and ET in general have asked me to mentor them for money. I guess I should be all over that right if it's true that I am trolling. Well, I turned all of them down. I have not mentored a single person from ET despite the 40 or 50 requests. I guess I'm a very bad troller, you are suppose to accept those offers right? LOL.
mav, you are saying that those two accounts are not directly correlated to them getting to know you from this place? c'mon now, you are totally degrading yourself if you believe that people do not see the reality. the data is in you post. the other offers you get are turned down by you for only the good one's you have chosen. just like any other business chooses their customers. you do not have to admit the truth, we all know oj is guilty even though he says he is innocent. i like some of the degrading things you say (like picking on their grammar and the education system rant you do) otherwise, i do not have the time or inclination to find you quotes. you know them. fun debate though.
Yeah grammar and spelling is a pet peeve of mine. And yes, I think our education system in this country sucks. Not sure what that has to do with trading, but OK. And for the record, Phil and Sailing came on board before I actively posted on this thread. I believe they both saw my comments on the prop firm thread regarding haircuts and PMed me about it. I don't know, why don't you ask them. Look man, if you think I want to recruit people that sell 5 delta verticals from this thread in my prop firm, there obviously is no point to continuing this conversation. In fact, Phil knows that I have chastised him about it and implored him to look at other strategies. In fact, I think my introduction on this thread was ripping his strategy apart. Not a good recruiting move was it? LOL. Look, you have a bone to pick with me, that's fine. But all you are bringing to the table is rhetoric. I have been on here for 5 years and have 3 traders from ET. LOL. Yeah, very actively recruiting.
i did not say actively recruiting. you know that. i think 3 good accounts is great, don't you also? i think 3 good accounts in my business is good also. it obviously may lead to more, just from those accounts only. you know that too. thank you et. you, me and many others should be grateful for the opportunity to get together. that was my "bone to pick". i am satisfied now. i had some time today and i appreciate your responses so as not to drag my point out multiple days(good for you too).
I am more inclined to trip someone else in front of me towards the train while I haul ass in the other direction. Loud trains scare me....
Let's see what we have here. Short vega at historic vix lows and long twice as much gamma, bleeding theta through the nose. That's a great plan if charity is your thing. I hope it works out for you. There is either a typo in there somewhere or your connections have this a bit backwards.
I Googled some of the things you guys have been discussing and this is the only hit I got: "Irrelevant to Thread"