You're obviously are not managing money for a living. It's fucking hard. You have risk limits to deal with, you have a restrictive mandate, you...
How so? The whole story was made up from A to Z - it might be a violation of journalist ethics (if there is such a thing) but it's near impossible...
Well, that’s exactly my point that the backtest does not reflect the actual life in case of contingent orders
actually, after reading this I am convinced that she made it all up - but, as the Irish say, "never let the truth to get in the way of a good story"
Well, he could be pretty good and pick the right times/strikes/expirations to sell. He also could have just been lucky since it was a very bullish...
Was the strategy live at the time? There were some pretty shaky closes that I remember and liquidity was pretty hard to find
How often do you get stopped out? The stop fills will really matter when the shit hits the fan and we have not had a true meltdown for a while
I am just saying :) God (whichever one is your favourite - since we are both MoTs our preference is the same there) is likely to be a scam and yet...
Well, do you believe in God? (For example)
What's that thing they used to say? "If you think you don't have a blind spot, it's just in your blind spot" or something like that :sneaky:
In general, any stop assumptions (especially when trading options) are very tricky. If you run the same strategy with no stops, your results are...
It's either a slow bleed or a bullet to the head :confused:
Not really, though. We’re all falling for lower-loss scams all the time, it’s called politics, advertising or religion. We also had huge...
It's a thing, right? Someone blows up bigly, "he's a real risk taker, just got unlucky". The guy I am talking about actually blew up a few times...
In Russian roulette, you have a chance of profit of 5/6...
I do know a trade who lost a billion selling cheap vol. But as we all know, when you lose a billion, you automatically get a re-do.
What are your fill assumptions at stop-loss? I’d not trust a backtest for this (if anything, I’d say a more realistic approach would be to see...
I feel like given how thin the risk/reward, you’d need to overlay it with some vol and (ideally) directional analysis. Between fees, slippage etc
Yeah, I was reading about it and was perplexed. Maybe it’s some legal loophole where they get PFOF-style payments but in a roundabout way?
Meh. Deep learning is very good at performing cognitive tasks that humans excel at, like recognizing cats in pictures. While there are similar...
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