How are you gonna show that off in your rural village community? Must be making a lot of new friends with that...;-)
Neither nor, I just don't trust people who have to show off wealth or profits. From several decades in the market it has been my observation that anyone who is self-assured and self-confident has zero urge and need to convince others of their success. It speaks for itself. Those who lack confidence or have ulterior motives usually show off like this. When they are called out they often times start tirades and engage in verbal warfare. And such profile matches 100% with those two cowboys. You often see this with the nouveau riche, individuals who come from nothing and utterly lack self-composure and confidence. Sometimes con artists sneak in and pretend to be part of the former mentioned. In this particular case there are so many things you can doctor about screenshots that there really is no proof short of audited statements. Hence, if an individual really needs to let everyone know about their account balance and profits an audited statement would be necessary (note here that nobody is asking for that, but those guys are the ones who started this charade). All else is just playing games.
Add to this the fact that neither individual ever spoke about any kind of automation and data ingress that would be necessary to manage an options trading book. I have never met a single options trader who manages more than play money who does not in one shape or form peruse APIs and other quantitative tools to calibrate and update vol surfaces, update and monitor risk management, or drive idea generation and the testing of an edge. Instead they bicker about third rate brokers and trading platforms that they engage with rather than using brokers and tools that fit their claimed trading volume and profits accordingly. This leaves more open questions than any answers in my book.
Clearly you missed the thread I created under networking/security... @BlueWaterSailor made valuable contributions and definitely knows a little something about automation. You can go ahead and poo-poo the simplicity of the hack discussed there. But, I think most of that iceberg is under water. I certainly wouldn't expect anyone to post details of their proprietary intellectual property. Just saying.
I did not claim or accuse any of them to be computer or operating system illiterate. But there is not a single reference to trading and risk management related content in that thread you pointed to. So, hardly relevant to my point. And I did not speak of revealing any proprietary content either. You clearly misread my post.
You're missing the statement I made about "that iceberg being under water". Just because you didn't see any code specifically regarding trading and risk management doesn't mean that someone who knows about automation as well as trading/risk isn't combining the two. It's more fair, IMHO, to assume that they are and simply reluctant to reveal the extent of their skills. No? It's important to take the disparate information you've been presented and cross it all together to paint a larger more informed picture. “There is no greater danger than underestimating your opponent.” ― Lao Tzu
You asked. I didn't show off wealth or profits. I posted my IBKR TWS run in real-time with the account number shown (last digit redacted). The time and sales and news matched the time stamp of the post. I know. It's not enough for the time stamp on TWS to match the time stamp of the post. I obviously spent time photoshopping the thing in he 40 seconds it took me to redact my account number and post it to ET. I needed RFQ ability with futures options as certain complex orders lack exchange support on CME. TT and CQG provide the synthetics beyond the templates provided by IBKR and TDA. If you think a few million bucks is a lot of cash... I don't know what to say to that. My wife's pension was well over a mil. Nobody automates vol on the buy-side. Automation in vol is the domain of RMMs. I an a price taker and you know exactly nothing about vol-trading. I see that you've been here a long time.
asiaprop knows that I am not bluewatersailor. Dear asiaprop, Look at the buying power required. On the attached photoshop you can clearly see that the gains exceeded the buying power. The position req is in line with a box and less capital intensive than a conversion. On another scam/photoshop pic I carried $60K index vega for less than $200K in BP. Cannot and would be pointless to automate.