You know you're a trader when...

[arabianights]

yup, the current equivilant, I suppose, is in esoteric languages like brainfuck.. I did a computing degree and while of course I know what octal IS (and I did do a reasonable bit of assembly work) there is no reason at all for anyone to use it in last 30 years...

 

[Jason101]

You know you're a trader when you've been butt raped by the market so often that it no longer hurts

I like your style man!

....When you stop looking in T2W for methods to trade.

 

[donaldduke]

there is no reason at all for anyone to use it in last 30 years...

'chmod' users still use octal

 

[the hare]

'chmod' users still use octal

Perhaps howard should check out the lulzyest of esoteric languages LOLCODE

 

[Joseff]

You wake up in the morning, rush over to check on your overnight positions, then realize it's Saturday.

Peter

That is funny.

You know you're a trader when - when candles tell you where they are going. :clover:

 

[Doomberg]

You know you're a trader when you have conversations with your computer,

And sometimes cheer it on as if its competing at sports

 

[ygenot]

...your neighbours ask you each year if you're new to the neighbourhood

 

[brettus]

...your neighbours ask you each year if you're new to the neighbourhood

When you shout "Show me the money" at your computer screen.

 

[rc450]

...you look down your y-fronts and see a pin bar.





....after a rough spell you find this on your door!

 

[trendie]

... you wince with empathy when you discover the Cluedo character was bludgeoned to death by the candlestick.

 

[wackypete2]

...your spouse sets up a christmas candle display and you start noticing chart patterns.

Peter

 

[Mr. Charts]

When you get texted by the USGS with all serious quakes anywhere on earth.

C'mon, HoCo, you're not blaming the quake for you losing all that money in March are you?

 

[brettus]

C'mon, HoCo, you're not blaming the quake for you losing all that money in March are you?

I heard that those earthquakes were set off to teach Howard a lesson. Howard you are to blame for everything.

 

[Mr. Charts]

I heard that those earthquakes were set off to teach Howard a lesson. Howard you are to blame for everything.

It was the revenge of the Black Swans for HoCo ignoring their existence.

 

[HowardCohodas]

C'mon, HoCo, you're not blaming the quake for you losing all that money in March are you?

My losses were not because of the quakes, or the strategy but my own folly. Noone to blame but myself.

 

[DashRiprock]

My losses were not because of the quakes, or the strategy but my own folly. Noone to blame but myself.

thats right howard it had nothing to do with the spike in the VIX.

 

[Depth Trade]

...when you buy low and get high :clover:

 

[HowardCohodas]

thats right howard it had nothing to do with the spike in the VIX.

Sometimes I am too pithy. I should have said that I lost beyond the loss limits because of my own folly.

Suggesting that a spike in the VIX caused my losses misunderstands my strategy in a significant way. Worse yet, in order to try to be "one of the boys" I was sloppy in using this terminology myself.

The fact that VIX increases when the market moves rapidly and makes the management of existing trades more challenging, is an effect, not the cause of the problem. Were I to focus on the effect and not the cause, I would be trying to manage with a lagging indicator.

The cause of my losses was that the underlying overtook my short strike. The cause of the losses being greater than the strategy limits was my not maintaining sufficient cash reserves to buy back ALL the spreads that reached their loss limit.

 

[nine]

You know when you're a trader when ... it gets boring but you do it anyway.

Turn the handle.

 

[brettus]

Sometimes I am too pithy. I should have said that I lost beyond the loss limits because of my own folly.

Suggesting that a spike in the VIX caused my losses misunderstands my strategy in a significant way. Worse yet, in order to try to be "one of the boys" I was sloppy in using this terminology myself.

The fact that VIX increases when the market moves rapidly and makes the management of existing trades more challenging, is an effect, not the cause of the problem. Were I to focus on the effect and not the cause, I would be trying to manage with a lagging indicator.

The cause of my losses was that the underlying overtook my short strike. The cause of the losses being greater than the strategy limits was my not maintaining sufficient cash reserves to buy back ALL the spreads that reached their loss limit.

You're a ****. Can't wait till the VIX takes your cash again.