What Options book are you currently reading?

Discussion in 'Options' started by The_Krakenite, Sep 6, 2021.

  1. zghorner

    zghorner

    Pretty rude man. From the way you post you should have made billions by now trading options.
     
    #61     Sep 11, 2021
  2. taowave

    taowave

    Dude is either..

    A) Big swinging Dick trader

    B) Big swinging Dick trader
    Minus the "swinging trader".

     
    #62     Sep 11, 2021
    morganpbrown likes this.
  3. Hypothetically, in a paper trading, fantasy, mind, simulation account...I have grown a small, initial, trading account into a Billion.
    Numerous times, on separate, different, occasions.
    It's just a relatively simple matter of compounding and growing the account -- assuming you have the skill and formula in place.

    But to grow an account into a billion in real life is another story.
    Is it even possible to send a billion dollar options order in one strike price, in one expiration through the system?
    That would be like trying to flush the turds of 9 elephants, 7 rhinos, 6 hippos and 6 giraffes into a toilet at once. It will get clogged, to say the least.
     
    Last edited: Sep 11, 2021
    #63     Sep 11, 2021
  4. zghorner

    zghorner

    So you’re just trolling then. I love a good troll…dial it back a bit so it’s not so obvious though. More fun that way.
     
    #64     Sep 11, 2021
    taowave likes this.
  5. PLEASE READ WHAT I WROTE. I do not day trade options but I have had trades that I closed the same day.
     
    #65     Sep 12, 2021
  6. You are insulting, and you have no idea about me. I've been trading options since 1999. I focus on win rate rather than profits, as it suits my personality. I have traded every combination and strategy over time and have done ok. I won't be blown up in the next 6 months, I hope you can say the same,even in your paper fantasy
     
    #66     Sep 12, 2021
  7. zghorner

    zghorner

    Dude he’s trolling you. Basically saying outlandish stuff to push people buttons. It’s funny if you let it be.
     
    #67     Sep 12, 2021
    taowave likes this.
  8. taowave

    taowave

    He's actually amusing after you realise he's here for a good time,not long time
     
    #68     Sep 12, 2021
    newwurldmn and zghorner like this.
  9. Millionaire

    Millionaire

    Why do you think you have problems trading larger size?

    Beyond what you normally say which is something along the lines of 'i am a horrible trader'

    Have you done any psychological work on yourself to over come this issue?

    If you could trade 10x size you would make 10x profits for the same amount of effort. Although it may increase your stress levels, but in the long run you would get used to it and it wouldn't be so bad.
     
    #69     Sep 13, 2021
    Windlesham1 likes this.
  10. Real Money

    Real Money

    Agreed. Quant finance is a bridge too far. Measure theory and all that. However, the options guys, and especially the guys with industry knowledge / experience in OMM are very much at an advantage.

    There's a bunch of smart guys on this sub, but most of the time they don't make it easy enough for noobs to glean anything of value. destriero is a UC grad (undergrad?), and knows all the math. He's good.

    I prefer futures to options, but need to know this stuff anyway.
     
    Last edited: Sep 14, 2021
    #70     Sep 14, 2021