Recent content by thenmmm

well...it's no secret that waiting till expiry is almost never optimal, just sell the options (don't even have to buy the underlying...). And yes - it depends on the broker, but it has never happened to me, so i can't say out of experience.

Well? Basically, some time ago i was using black-scholes from online sources since i din't understand almost anything about black-scholes. Then...i started programming black-scholes on my own to be sure that the price is calculated as it has to. Today, I am using my own enhanced version of...

hm thanks for the advice...and good luck to you 2.

Thanks for the input but anyway...here is why: Many people have to pay off mortgage (including myself)...so suppose like most average people (including myself) someone has a few thousands bucks as a "starting capital" - how much would you make even after 6months with 8% per month, provided you...

P.S. I am sorry you think that trading is a peace of cake compared to programming. Everyone...and i mean everyone given enough time can learn how to solve partial differential equations (solvable diff. equations of course...) or write trading platforms in C++...but in my tests unfortunately...

Anyway...you (most likely) haven't read the thread - I mentioned already that I am not looking for a job as a trader explicitly but as well a software developer and a risk analyst or as they call them: "quants". Last but not least, by the time I worked at a hedge fund in Hong Kong an year and a...

You're funny... (or sound like that... - no offense). What do you consider a qualified candidate then? Not everyone employed has a Phd from Oxford, right?

ah ic now :). But still, to quote perhaps the father of modern day capitalism: time is money (b.franklin), so wasting time should be the same as losing money. Not that i am not wasting my time with agencies online...

you mean you paid them? I should most likely change my strategy and send the cv only to employers and not brokers, but they are the overwhealming majority, so far I've see only one job classified from an employer and that is...deutsche bank - where i don't think i'll be qualified enough to work...

hmm, 10x mate, Just to mention a few indicators to remind how bad the situation really is: - Unenployment in the states - 30 years highest rate. - Dollar - 15 years bottom. - LIBOR...virtually nonexisting these days. - Mean average of unenmployment worldwide (highest in...history!) -...

Again...i am not saying that i want 100% to work for an "reputable" bank...second - I am not saying i want to "hand over cash" - if under this definition - you mean a "trader" - then again I already mentioned that i am not looking for a trader position 100%. Anywhow...

Well...it is possible, though really hard, a few practical cases: - That Cohen guy who runs SAC has made a fortune in his early days by...conversion/reversion arbitrage - or so he claims (he also cheated on his wife ones...check it on youtube). - Ed Thorp who is almost an idol to me has...

As most people here (and...worldwide...) I want cash (surprisingly or not :). To Shakone: Good guess, not just for a prop trader but: risk analyst and a software developer in a bank/hedge fund. To shadowninja: Yeah, I know there's some huge competition out there (speaking of which, most...

Perhaps, but a wild guess is that this intern doesn't offer any compensation at all? And of course - it's absolutely possible that i am just terribly unlucky and need to apply for a few more jobs...will see.

to the op: you can take a look at the academical explanation as well...very well known as the: EMH. Speaking of which...i wonder how many of all these "internet philosophers" who criticize the EMh have actually read the original paper where EMH is mentioned for the first time...that is the...