The Bank and Holy Grail System, page-18

  1. 2,154 Posts.
    The holy grail equates to grabbing someone from off the street, giving them a trading system and the user is making money from day one and is rich almost simultaneously. no such thing.
    What your talking about, crashy is not the holy grail but strategies to beat the market. Yes you need the right funding to do it properly, however there are already a plethora of traders who implement a similar a strategy.
    These traders also known as market makers and have very sohphistic tools and strictly strip and hedge.
    What they also do, if you go long a call and bought it off the market maker, the market maker would have most probably sold the call to you, what he then does - is he determines the state of the sensitivities of his position and immediately hedges in the best possible way to maximise his position. he may immediately hedge by sell a put after the sold call (delta hedge), or he may hedge IV and compose a straddle or if the sold call has low gamma or high theta, the market maker will look to gamma or theta strip from another series etc etc. It is no holy grail, the strategies are maximising the odds and favours you.
    You don't need $1 million to do that. Just stick it out, then sing 'I did it my way'ala Frank Sinatra after you have flooded your account with sh!tloads of cash. good luck with the funding.
 
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