Just a few words on WiseGuy defence:
The guy was MILES ahead of most of you guys in Derivatives trading.
I remember one time i was arguing with several option traders about a certain strategy [delta neural position] and covered call positions, he was the only guy who understood and agreed with the points i was making.
As i understand most of you guys only trade sprd-betg and not derivatives, SB is the milk of trading and not the real meat of trading.
Perhaps WG was not being totally honest with his views on SB and it could be for very good tactical reasons.
I would not give away any good edge/hedge about my trading method/skill to people i dont know. Remember if we all become successful traders the whole thing will come to a halt. The REAL TRUTH in the matter is we need losers in order to have winners. If we ALL become losers there will be NO winners. :cheesy:
Bull
God bless the losers and well done to the winners. In all situation give thanxs
The guy was MILES ahead of most of you guys in Derivatives trading.
I remember one time i was arguing with several option traders about a certain strategy [delta neural position] and covered call positions, he was the only guy who understood and agreed with the points i was making.
As i understand most of you guys only trade sprd-betg and not derivatives, SB is the milk of trading and not the real meat of trading.
Perhaps WG was not being totally honest with his views on SB and it could be for very good tactical reasons.
I would not give away any good edge/hedge about my trading method/skill to people i dont know. Remember if we all become successful traders the whole thing will come to a halt. The REAL TRUTH in the matter is we need losers in order to have winners. If we ALL become losers there will be NO winners. :cheesy:
Bull
God bless the losers and well done to the winners. In all situation give thanxs
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