Traders' Roundtable

To stancramers point above I am reminded of a quote attributed to Keyne's (paraphrasing): "It is better to be roughly right than precisely wrong" ie just make sure you're making profits and not losses before worrying about comparisons with someone elses benchmark metrics Whenever I start t...

hlpsg If you are buying an option as a way to manage risk then that is certainly different from substituting stocks or futures with options alone. Using options as part of an overall risk management approach may have merits but in my experience it is expensive insurance and, for my trading at least,...

hlpsg, If you think it is risky to speculate on futures think twice before venturing into options. Before settling on a diversified portfolio of futures markets I did consider options. Two observations struck me: 1) If I think determining the direction of price is hard enough what reason do I have t...