The consequences of giving away the holy grail

Discussion in 'Educational Resources' started by Trading Education Buyer, Oct 2, 2016.

  1. I don't trade direction , I trade only the option formula , so all this is only applicable to directional traders.Only interested in prices between futures and options , for buy sell decisions.
     
    #91     Oct 5, 2016
  2. “It's easy to attack and destroy an act of creation. It's a lot more difficult to perform one.”
     
    #92     Oct 8, 2016
  3. Everything is possible.

    The Power of Thoughts Is a Creative Power.The Most Powerful Power of the Mind


    The mind has many powers, that makes all the others effective is the power to focus your thoughts. Focused thoughts are what make things happen. Thoughts don't make things happen. Focused thoughts are what make things happen.
     
    #93     Oct 8, 2016
  4. Clipboard02ggg.jpg

    genuises.jpg
     
    #94     Oct 8, 2016
    Mtrader likes this.
  5. In conclusion of this thread , the consequences are

    1)Options traders and writers would rather trade my holy grail , they would earn 100% a year , compounded every year , using my very low risk of < 0.7 5 and reward of 2 % .

    2) Options market would become illiquid due to lack of option liquidity and sellers

    3)options formula may become obselete , it destroys the zero sum formula.

    This would be self sabotage , it would not be in my own interests.

    Trading these instruments gives weekly potential premium of 2 % and weekly volatility of 4% , so there is money to be made.
     
    #95     Oct 8, 2016
  6. Chewy

    Chewy

    Dunning Kruger Effect which ends with this statement.

    The trouble with the world
    is that the stupid are cocksure
    and the intelligent are full of doubt.
    — Bertrand Russell
     
    #96     Oct 8, 2016
  7. suck ups.jpg
     
    #97     Oct 8, 2016
    profitlocker likes this.
  8. 931

    931

    In 3.5 years can do alot ,if determined.
    That is lots of excel sheets , and most likely even more formulas.
    On algos even the way tick data comes in can change results drastically.
    It may help to set goals higher but too good things usually are not true.
     
    #98     Oct 8, 2016
  9. Frstly you are one few posters I believe in and trust.

    The back tests were extremely consevative (conservative by 30 % approximately) , they were slightly curve -fitted to estimate option premiums/volatility changes.I found the actual premiums are more favourable than the back tests .

    Trades are managed manually by dedicated staff , sitting and waiting patiently for 5 to 6 trades a week .We are executing /managing multiple - related options /futures.

    I did some specific back tests on option strategies , the actual results are 20 % better .We are still in early days of live trading , it is going according to plan .

    I will let you know ater 4 weeks.I have been through very many holy grails like trend trading , price action , option trading , 100 eas mt4 automated trading etc only to find out things do not work , in real time , as backtested and imagined.
     
    Last edited: Oct 8, 2016
    #99     Oct 8, 2016
  10. 931

    931

    Thanks for the trust.
    In digital age, even holy grail appears to be email transferable.

    Also it would be crucial to have instructions for setting up the vessel with miraculous powers providing happiness, eternal youth or food in infinite abundance.
     
    #100     Oct 8, 2016