Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (4416)	10/20/1998 5:04:00 PM
From: smolejv@gmx.net	Respond to of 11051

I was not clear on Martingale. Point is it is unsafe at all bets. Re quantity of puts etc...As long as it is a liquid market - and you dont have to deal with some MM shark - you can figure it out. Just have to watch for what's making the price moves - is it the underlying or is it something else - volatility and some time ago the interest rate shift for instance. Otherwise, no, I had no bad times with this subject, it all comes under the title of the education/penalty box. My point re stud poker table (was not exactly clear): the only difference between this table and the market is the size, so you may (MAY) count on the laws coming out on the infinity side. But think of the task to predict the stud poker round - there's a faint possibility that .... (g - they outlawed any anyways) Anyways, show me the bank in Las vegas that got busted by a system. This is a dream, as old as the humanity itself. Last point: LTCM got busted by screwed up risk management? Er... what about market turning a completely unexpected, fresh, ingenious way? And all the Nobel prize winners had to use vaseline etc to get back into shape. dj