Traders' Roundtable

I've wrestled with this for years so here's a reply:
1.IRS considerations- I'm here in Australia and the thinking (as related to my particular situation) is as follows:I am in the business of trading and my inventory at year end is options. As with any business I can value these on the basis of cost ...

The best satement re ones equity that I read was in a blackjack book I read in the 80s. The author found the common statement "their money" (as in the casino's money/the market's money)to be patently incorrect. His response was that the only way one can have "their money" is by stealing it ...

I read this one somewhere. I like it. It makes intuitive sense to me. Here goes...

=Most of the traders are smart, well-educated, mostly logical people. Most people seek non-painful solutions.

Do I FIT THIS PROFILE ?

=Most of the traders lose longer-term


Therefore I need to take care at ...

Hi Guys !

My approach is a little different. I don't pretend to know what's going to happen next, so it's really only a game (one that could be very expensive at times !!). When all's working out as per the script and I think I am odg, I remember that I could really be just odg in disguise. I ...