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POLL: Have you ever traded derivates?
Have you ever traded derivates? (e.g. options, warrants, futures)
You cannot see the results of the poll until you have voted. Please login and cast your vote to see the results of this poll.
Total Votes: 45
Guests cannot vote 
wolverine
post Posted: May 14 2011, 07:31 AM
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In Reply To: jwlkr's post @ May 13 2011, 11:54 PM

Trying to leg into a position is a problem.

Try getting on the phone and get the operator to deal all the legs of your spread they should be able to do it.

They are thin and with big spreads but I have made a fair living off covered calls over OSH (mostly) for years.



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I AM THE OTHER WHITE MEAT
 
wolverine
post Posted: May 14 2011, 07:31 AM
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In Reply To: jwlkr's post @ May 13 2011, 11:54 PM

Trying to leg into a position is a problem.

Try getting on the phone and get the operator to deal all the legs of your spread they should be able to do it.

They are thin and with big spreads but I have made a fair living off covered calls over OSH (mostly) for years.



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I AM THE OTHER WHITE MEAT
 
jwlkr
post Posted: May 13 2011, 11:54 PM
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In Reply To: wolverine's post @ May 13 2011, 09:50 PM

Just put in my "no" vote. Looks like we're winning!

17 - yes (or at least they think that do)
18 - no
03 - invalid

I blame thin volume and lack of open interest. Tried to construct a butterfly spread once (ANZ) but couldn't get all four legs to execute at the same time (ETrade's option finder tool). Besides, I wouldn't be very good at it - Greeks are intimidating ph34r.gif . In future, I wouldn't mind using it to lock in physical position profits though.

http://tradinghumor.com/

 
wolverine
post Posted: May 13 2011, 09:50 PM
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In Reply To: balance's post @ May 13 2011, 09:36 PM

Old school thread B.

ps: I use eto's and I am doing ok if anyone cares..... ph34r.gif



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I AM THE OTHER WHITE MEAT
 
balance
post Posted: May 13 2011, 09:36 PM
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In Reply To: arty's post @ May 13 2011, 07:56 PM

Crikey! This has been lurking on my fav's list for years.All of a sudden it pops up again.
Note it was asx.com (or similar) way back then.
A lot of the early starters back then emigrated from ozestock. I suspect when the poll was taken we did not have that many members.
Influxweb was a mod back then.



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Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
Investor: Salt of the Earth.Sits to the right of God (Warren Buffet)
Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.
 
arty
post Posted: May 13 2011, 07:56 PM
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In Reply To: mpl's post @ May 13 2011, 06:25 PM

I made a bet with myself that it would take less than 4 hours for a troll to jump in and paint his graffiti over this topic.
I won. Also 10 bonus points for guessing the "artist" troll.
deja vue all over again lmaosmiley.gif



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)

Said 'Thanks' for this post: wasabibarako  
 


mpl
post Posted: May 13 2011, 06:25 PM
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In Reply To: flower's post @ May 13 2011, 05:37 PM

Question:
Do those of us who are NOT derivative savvy produce lesser annual returns on total capital involved in the market than the derivative savvy?
BTW: my answer was NO to being derivative savvy

YOU JUST can not HELP YOUSELF CAN YOU FLOWER.

 
flower
post Posted: May 13 2011, 05:37 PM
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In Reply To: arty's post @ May 13 2011, 03:30 PM

what came of this poll?
would be worth reviving just to see how big a percentage of us are derivative-savvy and how many are of the vanilla variety.
(Not that there's anything wrong with either side blink.gif )
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arty---given SS has 36,339 registered members,
of which 925 have been online today
and out of the 31 who have voted in this poll
16 said NO
13 said YES

ie: 13 of us are derivative savvy

so: 36,313 are not derivative savvy or 36,313 have not bothered to vote

A summation might be that those who are derivative savvy are in a such a tiny % as not to rate statistically which has been my point for years in that computer driven trading devotees are vastly outnumbered by the general trading/investing masses.

Question:
Do those of us who are NOT derivative savvy produce lesser annual returns on total capital involved in the market than the derivative savvy?
BTW: my answer was NO to being derivative savvy



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Combining Fundamental comments with Fundamental charts.
 
arty
post Posted: May 13 2011, 03:30 PM
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In Reply To: influxweb's post @ Apr 3 2004, 06:38 PM

what came of this poll?
would be worth reviving just to see how big a percentage of us are derivative-savvy and how many are of the vanilla variety.
(Not that there's anything wrong with either side blink.gif )

anyway - my answer is Yes; but I'm puzzled how come it says total votes 27, of which there are 13 yesses and 12 nos. New Maths?



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I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)
 
influxweb
post Posted: Apr 3 2004, 06:38 PM
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Posts: 1,206
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Hi all Asxboard Members,

This poll asks whether of not you have ever traded any form of derivate before.
Thanks for answering!

Andrew

 
 



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