Recent content by justtellingitasitis

My apologies team - couple too many largers apres work. Should not have posted! However, my waffling point was summed up admirably by scose-no-doubt. It wasn't intended to be arrogant, it was intended to be helpful. In that I failed badly! As it happens, I now feel like absolute death, and...

If anyone disagrees; thinks I am a ****, wants to refute everything I have said, then please do. I would love to see a real, genuine discussion here involving the new members and the very skilled, very knowledgable old timers, and to start a true thread to share information. Apart from...

Links here: Free Online Course Materials | Mathematics | MIT OpenCourseWare Lecture 4: Random Numbers; Binomial Model - YouTube...

Now, as anyone that has seen anything I have written in the short space of time I have been publicly posting here will know, I think trying to trade independently is ridiculous. I think you will lose, and let's remember, you will lose YOUR money. I am not here selling anything or making...

Whether you are buying or selling options is irrelevant. Whether you are naked or not is similarly irrelevant. The point is you have a delta position. Ignoring every other greek (which in itself is a truly ridiculous thing to do. TRULY ridiculous), you still have an effective position in the...

My view, which many wouldn't share here, would be that you have to learn via a company. It's extremely unlikely anyone else other than those trading and having been trained to trade via a firm will make money. Grad schemes, joining the back office and working through (ridiculously difficult)...

If you want to be a trader, read J Hulll, Futures, Options and Other Derivatives. There's a million other books I could list on managing specific risk list dynamic hedging, energy risks, commodity risks, equity derivative portfolio management blah blah blah..... My point would be, most people...

Read a couple of the first pages of this... Sorry, I am uncommitted - I haven't bothered going through all 290 odd pages of comment... One thing did get me though..... There's a claim in there somewhere that this lemon trained or let his 'system' to over 100 banks, and 10% of their traders...

This is a potentially really interesting topic! Options are sexy :) However, yet again, I am going to be 'negative'! There are people on this board that can tell you how to price the funkiest of options, that can help with modelling any sort of vol surface you like, and are INCREDIBLY...

To go back to the original point I was disputing, I will try and make myself clearer - I am not for a second saying it is not possible to have a profitable trade, nor am I saying stops are a bad thing or shouldn't be used. My point is that in order to make a profit, you have to predict the...

True, you don't have to pick literally the top or bottom. That was an exaggeration - I should not have been so flippant. The point I am trying to make is that if you have stops, market noise will stop you out more often than not. Obviously, if you pick the direction and run a position sensibly...

price noise + spread = you won't make money long term, you'll lose. What you're suggesting is that you let winners run, cut losses, and you cannot lose... You clearly can lose. You will only make a significant gain if you pick literally the very bottom, or the extreme top of a move - to base...

It is almost certain to be gambling as an independent trader. As an independent, you don't have access to half of the data required to make an informed judgement. That never seems to get mentioned here, and I think it is a fundamental point that is really inescapable. Whether you call it...