prop firm traders...

[Technically Fundamental]

Never applied for that job. I think it best I brush up on my maths first. I'm not applying until I've learned blacks scholes.

 

[gooseman]

what job is it?

no point learning if you're not doing options.

 

[Technically Fundamental]

It is options.

 

[gooseman]

i'd be more inclined to learn about strategies (like we talked about earlier) rather than B?S to be honest.

 

[Technically Fundamental]

I know mate but I think knowing that stuff will help level the playing field when up against people with quatative degrees. Gotta show I have the capacity to learn the maths too.

 

[gooseman]

if you are thinking about learning how to do B/S from scratch it's going to be hard mate. You don't really need to know the ins and outs I wouldn't have thought but basics liek the strategies i would think essential.

 

[Technically Fundamental]

I was thinking that too mate. Whaqt sthe point of learning it on paper when you bang together a quick excel file and then just enter data. Suppose I'm better off on strategy like you said. need to get a few books to learn how to interpret information gathered from those equations. that the important thing.

 

[Skill Leverage]

1) Buy 10 lots of Bund

2) If price increases by 10 ticks, cover your position. If price decreases by 10 ticks, repeat from Step 1.

This is almost 100% foolproof.

 

[George Soreass]

Tf there is 100 bid, you get in front of it and take half a tick.

Then walk around telling everyone about it. Later you'll sell the double top on the monthly and take a half a tick. Then walk around telling everyone about it. etc.

haha ..... choc is absolutely right!!!

 

[Technically Fundamental]

1) Buy 10 lots of Bund

2) If price increases by 10 ticks, cover your position. If price decreases by 10 ticks, repeat from Step 1.

This is almost 100% foolproof.

lol

 

[Technically Fundamental]

if you are thinking about learning how to do B/S from scratch it's going to be hard mate. You don't really need to know the ins and outs I wouldn't have thought but basics liek the strategies i would think essential.

Arbitrage and simple models and basics of pricing a go go

next step black scholes lol