poopie's FU trading journal

you peasant,

you think you're all high and mighty with these complicated acronyms. i short sell japanese binary futures and make 3000% returns daily on the nasdaq.

you on the other hand long trade delta-risk inversion at a volume exposure on the 1st gen equity indices at 25% intervals, aka, complete poop.
 


gbmack said:
you peasant,

you think you're all high and mighty with these complicated acronyms. i short sell japanese binary futures and make 3000% returns daily on the nasdaq.

you on the other hand long trade delta-risk inversion at a volume exposure on the 1st gen equity indices at 25% intervals, aka, complete poop.
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The funniest bit was when he used the acronym BOM for Binary.com because it was previously called BetOnMarkets.com

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mikeshinobi said:
There's way too much jargon in these threads for me to have any idea what's going on, but I'll be monitoring anyway.

Good luck!
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I was thinking the exact same thing. Knockouts, ATM calls, "long trade delta-risk inversion at a volume exposure on the 1st gen equity indices at 25% intervals". Is this calculus? This is one subject I can honestly say I know less than nothing about. But I'll be watching, trying to learn something.
 
efeezy said:
I was thinking the exact same thing. Knockouts, ATM calls, "long trade delta-risk inversion at a volume exposure on the 1st gen equity indices at 25% intervals". Is this calculus? This is one subject I can honestly say I know less than nothing about. But I'll be watching, trying to learn something.
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There's nothing to learn from someone who has no interest in teaching.
 
I started the thread on a holiday-session, so I'll get into exchange-traded vanillas tomorrow. I did 8x risk (peak to trough calculation) in 2013. It's a cliche, but you don't have to understand internal combustion to drive a car. I'll hang around as long as I am interested, but why would I necessarily hand you an edge? The trades will be marketable and profitable. Lift the offer to buy, hit the bid to sell.

Ask yourself wtf you're doing in this thread? Don't like it here? Won't trade the shit I am recommending? Think i will crash and burn? Fine, fuck off.

Some of you think you're witty because you think you can talk shit. You wouldn't know what to do with a swap if it fell from the sky and landed on your face.

I post a bog-standard long touch and a double-no-touch. That's a joke because it's a retail dealer. So should I post the market in a lookback call..? you wouldn't have the vaguest fucking clue wtf it is. You may as well call it mommy.

I'd love to hear the clowns tell us all what the process is to qualify for ISDA. Gimme your bbg pro addresses. C'mon, what's the problem? Calls for my head as I am declared to be FOS; now I am not interested in teaching? Frankly, you ain't up to it. Change your pad... don't want to get toxic shock.
 
poopie said:
I started the thread on a holiday-session, so I'll get into exchange-traded vanillas tomorrow. I did 8x risk (peak to trough calculation) in 2013. It's a cliche, but you don't have to understand internal combustion to drive a car. I'll hang around as long as I am interested, but why would I necessarily hand you an edge? The trades will be marketable and profitable. Lift the offer to buy, hit the bid to sell.

Ask yourself wtf you're doing in this thread? Don't like it here? Won't trade the shit I am recommending? Think i will crash and burn? Fine, fuck off.

Some of you think you're witty because you think you can talk shit. You wouldn't know what to do with a swap if it fell from the sky and landed on your face.

I'd love to hear the clowns tell us all what the process is to qualify for ISDA. Gimme your bbg pro addresses. C'mon, what's the problem?
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Don't be put off by the trolls & people complaining about not understanding. Much more people are interested than you think, it's just a bit like reading A Clockwork Orange, you don't understand a word at first, then gradually you start understanding more and more.
 
Alright studs. Here's my bbg anywhere biometric. WTF are yours? All these BSDs who can't qualify for a checking account, but I am sure you sub to Bloomberg Pro, right?

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I have a Bank of America debit card that I can show if there's demand. This bad boy proves that I, in fact, have been in America and have been involved in its finances. Ask Me Anything
 
You're all absolutely right. I have no interest in teaching. Truth be told; I wouldn't be able to forgive myself if I made any of you a dime.
 
There's people in this industry worth hundreds of millions so dont go thinking we give a shit about your 2k a month bloomberg subscription.
 
poopie said:
You're all absolutely right. I have no interest in teaching. Truth be told; I wouldn't be able to forgive myself if I made any of you a dime.
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This thread without you teaching anything is about as useful as me making a thread showing screenshots of all my top 5 rankings without a single bit of info on how I achieved them.

read as: I came here hoping you were going to pull back the curtain like it was Trading Options for Dummies and now son I am disappoint.
 
Grindstone said:
This thread without you teaching anything is about as useful as me making a thread showing screenshots of all my top 5 rankings without a single bit of info on how I achieved them.

read as: I came here hoping you were going to pull back the curtain like it was Trading Options for Dummies and now son I am disappoint.
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well I guess if there are advanced enough traders in this forum to understand what he's saying, it's not all bad... I still don't really get why he's doing it at all though, if he's doesn't care whether anyone understands what he's saying

edit: What I meant is;

WIG if there AETs in this forum it's NAB... I don't really get why HDI if HDNC whether anyone US's WHS
 
I'm going long on a no-touching vanilla ice cream sandwich pattern IRG with a reversion-sigma tangenital PUA minus a hedged TRS backing.



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icestationzebra said:
Oh yeah? I trade CFD's with 500:1 leverage. They're illegal in the USA bitches.
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If you're not joking about the 500:1 leverage part (I know it exists) then you too have balls of steel; you have to be hedging at that point because if you're going in Naked might as well join mgrunin.

Ninja edit - nope you're just trolling. Please join mgrunin in the showers - you'll have to share the soap.

gbmack said:
you peasant,

you think you're all high and mighty with these complicated acronyms. i short sell japanese binary futures and make 3000% returns daily on the nasdaq.

you on the other hand long trade delta-risk inversion at a volume exposure on the 1st gen equity indices at 25% intervals, aka, complete poop.
Click to expand...

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I don't doubt the returns you're seeing btw (if you're not trolling; which it seems like since you can go short on the binary trade but you can't actually short the binary option itself unless you're writing the options) - it's very possible if you're going 500:1 leverage.

I would assume though that your actual profits would be around the 100-999% range - after accounting for losses in other binary trades as I doubt you're going to win them all.

To everyone - this site although with some bias has some guides that should make this help you understand more on what's happening in the thread - Exchange Trading Handbooks

And more on Binary Options here - take any indicators with a pinch of salt.

BOTS Trading School - Learn all about Binary Options Trading

Just remember - don't go for those 60 second binary trades - treat it as a proper investment and choose an appropriate time period.

That bloomberg authentication device look sexy btw.
 
xdemi said:
If you're not joking about the 500:1 leverage part (I know it exists) then you too have balls of steel; you have to be hedging at that point because if you're going in Naked might as well join mgrunin.
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Not joking, CFD's are ridiculously leveraged. It's fine with sound risk management, even at 500:1.

edit: you think I'm trolling, here's one broker that does it http://www.cmcmarkets.com.au/en/forex/what-is-fx-trading/advantages-of-fx-trading

An example of how I would use it safely is to have $20,000 of real cash in my account

I would buy 1 currency contract which costs $100,000.

That requires an insanely mere $200 margin (real cash) in my account. Far below the $20,000 I have in my account.

A stop loss would be set at 2% of my actual $20,000 capital, not 2% of $100,000. So about $400 is the maximum loss I would tolerate. If the currency moves against my position and the value of what I'm holding goes below $99,600, it will automatically sell at a loss of $400 as I have prepared for.

The beauty of this approach is if one can trade profitably at this level, it becomes trivial to increase the number of currency contracts to millions of dollars worth.

If I was stupid and managed to lose my entire capital on a bad trade, lets say the AUDUSD drops 20%+ in one day (extremely unlikely, it took months for this to happen even during 2008) and I didn't have a stop loss set, I would be margin called at this point because my loss is beginning to exceed my account capital. The broker will sell me out of my position ASAP and any difference that is left I will owe them.

You don't have to be right all the time to trade profitably, that has to be the biggest misconception of any beginner. A 50% win rate is fine as long as your winners are bigger than your losers. That is possible with simple exit strategies. If a trade goes bad you follow your rules and cut it early. If a trade is going good you let it keep going good until it tells you otherwise. It will tell you when the price starts reversing.

Respond to the market, don't try to predict it. Unless you have a crystal ball or a time machine you're wasting your fucking time.
 
Can't find the edit button but I take back the trolling allegation :)

To everyone else who might not understand anything else - just look at the money/risk management that zebra posted and you'll already be ahead of most retail. MAKE SURE TO STICK TO YOUR EXIT PLAN NO MATTER WHAT!
 
Came for pics of crashed Audis and links to NYpost articles...

Didn't find any...this isn't my kind of trading thread...
 
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