thanks for that @Chip Sleeper. Jon was throwing out some inside lingo that might have sounded a bit cryptic. As an intro to one of the sessions perhaps we can ask the speaker to decipher the options lingo. Also, if you hear a term you do not undersand, feel free to interrupt and ask for clarifications. I am sure you are not alone in this. Thanks for coming!
0 · March 23, 2012
One build on @rna2600 comment: I'm a personal trader, as well, and appreciate it when you are able to an "Options 101" session. But, even when you're doing the more sophisticated sessions for professionals, it would be very helpful if you could define terms and assumptions as you go along. Some of the things that are second nature to professionals could be very helpful to us if we understand the basic thinking.
0 · March 23, 2012
There was a lot of experienced people with a lot of knowledge to share. As a first meeting in a long time, it's not surprising that it took a little while to break the ice.
I think that asking everyone to introduce themselves was an excellent idea. Hopefully you took notes because that was a great way to find out what people are looking for in these meet-ups and so in what direction direction this should go.
I personally would like to see collaboration on strategy and sharing of cost on data. I would be happy to volunteer my experience at an options prop trading firm and the different approaches taken by ex-market makers versus the systematic traders approach. I'm a systematic trader myself. Thanks for your time and effort and thanks to ISE too.
0 · March 22, 2012
I?m looking forward to meeting many of you at the next NYOT meetup on March 21. Although it?s a few weeks away, I wanted to start the discussion now to make the event more collaborative.
For this meetup, do you have questions about certain risk management techniques or tools? Ideas for the NYOT group or future meetups (FYI, watch for news about another great event soon?)? Post your questions and ideas here in the discussion so we can make the most of the meetup. See you in a few weeks.
0 · March 7, 2012
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