lol sim-trading contest? You've already run away from a contest paying your 10x your risk and you want me to enter into a sim-trading contest? Dude, you don't trade. No. I will only wager on production account performance. No sim-phaggery.
Iron, this is THE place to learn such a strategy. I have developed the strategy, and it has been tested, and it works great. Don't listen to the noise. Poopy won't share his trade "secrets" because he doesn't have any. Follow my lead, and you will do great.
YOU HAD DECAY. THE LOSS TO THETA WAS MASKED BY YOUR GAINS TO VOL ON YOUR 5/1 CONDOR. JUST BC YOU DIDN'T LOSE DOESN'T MEAN YOU AVOIDED LOSS TO THETA. YOUR OTM STUFF OUT TO DEC HAS LITTLE DECAY AND BENEFITTED FROM SKEW--HENCE MY REFERENCE TO "LOCAL" GREEKS.
Listen, ass wipe. You cannot read. I NEVER said anything about gamma. I never said that I made money from the non-linearity of theta. You sure know how to take things out of context. You really are a clueless bastard. I will stick to you like the bark of a tree, and calamity will befall you!
Theta is the cost of gamma. You're fucking retarded. FULL STOP. You ABSOLUTELY attributed it to "NONLINEARITY OF THETA." (sic)
Can anyone post a reference to ONE single contribution made by Poopy to this forum? I read through some of his stuff, but he just brags about profits, but never reveals his trades. One has to ask, why do you hide your trades? I have freely shown mine, but no one is satisfied. Perfectly fine. I know I've got an awesome strategy here for the black swan portfolio. I have tried to share freely, but this is the most negative forum in history. I've made a mark, but Poopy has left a stain. Done! If anyone wants to follow my trading and spreadsheets, just send me a private message and I'll respond so that you can follow all of my trades and success. Peace and out!
I've posted thousands of trades, in real-time. Ask Kevin. https://www.elitetrader.com/et/threads/desterio-atticus-vol-journals.322139/page-4#post-4674970 We forced Oanda to discontinue their exotic option product: https://www.elitetrader.com/et/threads/the-gaming-of-oanda.122244/ I have a sister thread on how I forced Trinitas to close their web-dealing of exotics. Dude, you have no clue.
Hide my trades? I "hide" the vast majority of my trades. I will never again post my trades. You have to be stupid to reveal your edge. I've been careful through the years to keep the edge quiet unless it no longer mattered. As in the Oanda and Trinitas cases... or when people ask me to structure something on a ticker. Oanda had already shut down. Booby doesn't care what he posts bc his edge is negative. Booby won't wager bc he's petrified and adds conditions that I post all of my trades so that he can excuse himself. Nothing is added to the PNL by showing my trades. It allows him an out. Don't publish your edge. It's why the vast, vast majority of book related to trading are utter garbage, not unlike this thread.
As if I care about your shit. You don't even realize how ridiculous that 5/1 condor was as structured. WTF did you structure it as a natural? bc you're stupid. Anyone with any knowledge would trade the synthetic over the natural. NOBODY would do the above as structured. You would trade the two-lot as a bear call spread which results in the iron. WHY? bc you don't want to open a trade in a 400-point ITM spread. It's fucking dumb as dirt. Why trade ITM microstructure when you can trade the equivalent in the OTM? (box-equivalence) Yeah, I remembered that you were in a 5/1 ratio, but for some reason thought it was bigger size. Sue me. $400 gain. Not $1500. WTF is your PhD in? Animal husbandry? That's all. Class dismissed.