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Well, if you know the stock in question is going to move BIG time but don't know the direction, you can always buy vol
Cheers,
विक्रम
"We have already been through this, I am not going to repeat myself." - fat_boy, in a global warming thread
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W∴ Balboos wrote: ..the market(/moves), in reality, is fueled by bullshit.
I talk about this in my 2009 book. Here is an exerpt...
The Dreaded Bimbo Factor
One thing I couldn't stand about the stock market is what I call the Bimbo Factor. Let me explain with a hypothetical situation...
The CEO of a company, whose stock price is $100, has a wife and family. He also has a mistress in every major city that he frequently visits. Everything is going ok until one of his mistresses decides to threaten to expose their relationship to his family. In a panic, he siphons one million dollars from the company's retirement fund to pay off this mistress with a huge diamond ring. Word gets around to the other mistresses and they begin to make the same kinds of threats. In a short while, the company's retirement fund is completely depleted. Two years later the lack of money in the retirement fund is noticed and this triggers an investigation. When the reason for the investigation becomes public knowledge, the stock plummets to $1 per share.
Basically, the Bimbo Factor states that one random act from a single "Bimbo" can bring a multi-billion dollar corporation or even an industry to near collapse.
However, not all hope is lost. Given the right Bimbo Factor opportunity, you might be able to buy a $100 stock for $2. And for some reason if the company recovers from the situation, you could potentially have a 5000% return on your investment. Generally speaking, though, that does not happen.
You can't win.
You can't break even.
You can't quit.
You're welcome.
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Not at all the point I'm making. Real life example:
I had oil options contracts during the Iran/Iraq war. An Iraqi naval ship fired on an oil tanker coming from Iran. So what do you think happened?
The price of the oil contract (and underlying futures, of course) dropped like stones!
The reason given - the day after the drop, of course - is that investors now feel that now the large military powers will get involved and protect the oil traffic, thereby making things safer.
Now THAT is bullshit!
Ravings en masse^ |
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"The difference between genius and stupidity is that genius has its limits." - Albert Einstein | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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Ignoring the issue that President's role is to promote macro-economic benefits instead of spruiking individual companies. Y'know - that little ol' thing called the law (which I understand he's actually not subject to in this case: it's only for government employees. But still )
Uh-oh. Politics alert! Run! Run away!
cheers
Chris Maunder
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Should this thread not be in the soapbox?
Jeremy Falcon
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Up until this point the thread has been exceptionally polite and apolitical.
I prefer to leave this and demonstrate we can actually be grown up and not angry. The thread hasn't blown up (apart from - I hate to say - your series of messages) so let's give everyone the benefit of the doubt instead of assuming the worst.
If it goes bad then it gets locked down.
cheers
Chris Maunder
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Your crap belongs in the soapbox. Don't bring it into the lounge. I hear enough of this garbage at work already.
Jeremy Falcon
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Not interested in talking to you either. You like to argue more than communicate.
Jeremy Falcon
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Nish Nishant wrote: Some guys are just creative I guess Adventurous is the correct word.
If sentiment-analysis takes the wrong conclusion (which likelihood increases if one has to be cryptic because of a character-limit) the bot may be trading on the wrong side.
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
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thanks for sharing I think I'll either be very rich or very broke with this gadget. Just like the weather, some day it x% predictable, some day it maybe, some day it not.
Bryian Tan
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It would be interesting to see how this works over time - just as a simulation perhaps.
- I would love to change the world, but they won’t give me the source code.
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Soapbox man. This thread already started attracted those who can't resist being too political. Not you... but I'm sure people can figure it out.
Jeremy Falcon
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Refer to my other post.
Jeremy Falcon
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It's about an automated bot - not meant to be a political thread. Unless you mean Trump's name cannot be mentioned here
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I know exactly what you mean. In a mature world, we should be able to post your post all day long, smile, laugh and enjoy each other's company. But some people can't hear the T word without making it political, and CP isn't exactly knowing for maturity. It happened in this thread. It'll continue to happen.
Jeremy Falcon
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It looks like we're headed into a period of trading custom made for the parasitic day traders.
Peter Wasser
"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell
modified 11-Feb-17 6:27am.
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Nish Nishant wrote: Some guys are just creative I guess
Or way to much time on their hands?
New version: WinHeist Version 2.2.2 Beta I told my psychiatrist that I was hearing voices in my head. He said you don't have a psychiatrist!
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JMMG!
Due to past misdemeanors, I am using MATLAB these days. In their standard libraries is a inputdlg function that lets you enter simple unvalidated values; very useful when there is no need for a complex form.
Now I simply wanted to be able to position it; in my case I wanted to place it above the control on the UI that called it. On their support pages are lots of people asking the same questions and their response - you can't!
You can, I wrote a replacement.
veni bibi saltavi
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Quote: and their response - you can't!
You can, I wrote a replacement. Laugh |
Remember to turn on Smug mode!
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Totally forgot that the binary not in C is ~ and not !, which is the logical one. I was quite stunned when trying to negate the number 2 I got 0 as response.
* CALL APOGEE, SAY AARDWOLF
* GCS d--- s-/++ a- C++++ U+++ P- L- E-- W++ N++ o+ K- w+++ O? M-- V? PS+ PE- Y+ PGP t++ 5? X R++ tv-- b+ DI+++ D++ G e++>+++ h--- ++>+++ y+++* Weapons extension: ma- k++ F+2 X
* Never pay more than 20 bucks for a computer game.
* I'm a puny punmaker.
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That's one reason I prefer C# to C and VB - strong typing, so assigning a bool to an int gives an error, and vice versa.
You get an error on all of these:
bool b = true;
int i = 0;
i = b;
i = ~b;
i = !b;
i = !i;
b = i;
b = ~i;
b = !i;
b = ~b;
But not on these
b = !b;
i = ~i;
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
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I would have preferred a single behaviour for "!", the binary one. I forgot of the very existance of ~
* CALL APOGEE, SAY AARDWOLF
* GCS d--- s-/++ a- C++++ U+++ P- L- E-- W++ N++ o+ K- w+++ O? M-- V? PS+ PE- Y+ PGP t++ 5? X R++ tv-- b+ DI+++ D++ G e++>+++ h--- ++>+++ y+++* Weapons extension: ma- k++ F+2 X
* Never pay more than 20 bucks for a computer game.
* I'm a puny punmaker.
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Why not
modified 19-Jan-21 21:04pm.
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