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	<title>Comments on: Implied Volatility</title>
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	<link>http://www.rassoc.com/gregr/weblog/2010/05/10/implied-volatility/</link>
	<description>Musings on just about everything.</description>
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		<title>By: Paul Redfern</title>
		<link>http://www.rassoc.com/gregr/weblog/2010/05/10/implied-volatility/#comment-132358</link>
		<dc:creator>Paul Redfern</dc:creator>
		<pubDate>Sun, 21 Nov 2010 20:51:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.rassoc.com/gregr/weblog/?p=632#comment-132358</guid>
		<description>Thanks Greg. It is intriguing when you compare both. I have a degree in Economics but long since been used and my knowledge of day trading has been forgotten. But could you compare trend trading on financial markets to this situation in poker.

Your opponent to your direct right folds to a 3bet every time he is the open raiser on the button. Therefore you keep 3betting him in this spot until he starts to adjust to the situation. Depending on the skill level of the opponent this might be never or relatively quickly. This is similar to trend trading as we will continue to use this profitable play until he starts to 4 bet us or defend by calling our 3bets and floating on the flop. 

Once this occurs this profitable &#039;trend&#039; ceases to exist, so we alter our strategy now to exploit his new trend or adjustment..</description>
		<content:encoded><![CDATA[<p>Thanks Greg. It is intriguing when you compare both. I have a degree in Economics but long since been used and my knowledge of day trading has been forgotten. But could you compare trend trading on financial markets to this situation in poker.</p>
<p>Your opponent to your direct right folds to a 3bet every time he is the open raiser on the button. Therefore you keep 3betting him in this spot until he starts to adjust to the situation. Depending on the skill level of the opponent this might be never or relatively quickly. This is similar to trend trading as we will continue to use this profitable play until he starts to 4 bet us or defend by calling our 3bets and floating on the flop. </p>
<p>Once this occurs this profitable &#8216;trend&#8217; ceases to exist, so we alter our strategy now to exploit his new trend or adjustment..</p>
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		<title>By: gregr</title>
		<link>http://www.rassoc.com/gregr/weblog/2010/05/10/implied-volatility/#comment-132357</link>
		<dc:creator>gregr</dc:creator>
		<pubDate>Sun, 21 Nov 2010 18:45:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.rassoc.com/gregr/weblog/?p=632#comment-132357</guid>
		<description>Paul, interesting question. 

In poker, there is the matter of making plays where your expectation exceeds the risk; added to this is analyzing the other players (getting a &quot;read&quot;) and determining how that affects your probabilities.

For trading, I&#039;m much more of a newbie I think (at least in terms of day trading stocks). But in a sense, it&#039;s also about finding plays that have at least a certain probability of winning, and executing them with a certain amount of risk where you have a positive expectation.

I&#039;ll give it some more thought...I&#039;m intrigued by the similarities between them.</description>
		<content:encoded><![CDATA[<p>Paul, interesting question. </p>
<p>In poker, there is the matter of making plays where your expectation exceeds the risk; added to this is analyzing the other players (getting a &#8220;read&#8221;) and determining how that affects your probabilities.</p>
<p>For trading, I&#8217;m much more of a newbie I think (at least in terms of day trading stocks). But in a sense, it&#8217;s also about finding plays that have at least a certain probability of winning, and executing them with a certain amount of risk where you have a positive expectation.</p>
<p>I&#8217;ll give it some more thought&#8230;I&#8217;m intrigued by the similarities between them.</p>
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	<item>
		<title>By: Paul Redfern</title>
		<link>http://www.rassoc.com/gregr/weblog/2010/05/10/implied-volatility/#comment-132356</link>
		<dc:creator>Paul Redfern</dc:creator>
		<pubDate>Fri, 19 Nov 2010 04:48:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.rassoc.com/gregr/weblog/?p=632#comment-132356</guid>
		<description>I read in one of your earlier blog posts that you play poker. So my question is, Do you feel like you have more of an edge when you sit down playing poker or when your trading stocks and options?

Both are a form of gambling and Id be interested to hear your thoughts on how you differentiate the two. In my opinion both can be beatable but need a lot of time studying, working on strategies etc..</description>
		<content:encoded><![CDATA[<p>I read in one of your earlier blog posts that you play poker. So my question is, Do you feel like you have more of an edge when you sit down playing poker or when your trading stocks and options?</p>
<p>Both are a form of gambling and Id be interested to hear your thoughts on how you differentiate the two. In my opinion both can be beatable but need a lot of time studying, working on strategies etc..</p>
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		<title>By: jp morgan</title>
		<link>http://www.rassoc.com/gregr/weblog/2010/05/10/implied-volatility/#comment-132305</link>
		<dc:creator>jp morgan</dc:creator>
		<pubDate>Fri, 15 Oct 2010 01:47:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.rassoc.com/gregr/weblog/?p=632#comment-132305</guid>
		<description>Why do the statistical models don&#039;t come handy in for pricing specifically in case of swing forex traders?</description>
		<content:encoded><![CDATA[<p>Why do the statistical models don&#8217;t come handy in for pricing specifically in case of swing forex traders?</p>
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		<title>By: jp morgan</title>
		<link>http://www.rassoc.com/gregr/weblog/2010/05/10/implied-volatility/#comment-132302</link>
		<dc:creator>jp morgan</dc:creator>
		<pubDate>Thu, 14 Oct 2010 08:01:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.rassoc.com/gregr/weblog/?p=632#comment-132302</guid>
		<description>What good is a model of option pricing when an option&#039;s price often deviates from  its theoretical value ?</description>
		<content:encoded><![CDATA[<p>What good is a model of option pricing when an option&#8217;s price often deviates from  its theoretical value ?</p>
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		<title>By: Tom</title>
		<link>http://www.rassoc.com/gregr/weblog/2010/05/10/implied-volatility/#comment-132194</link>
		<dc:creator>Tom</dc:creator>
		<pubDate>Tue, 11 May 2010 16:02:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.rassoc.com/gregr/weblog/?p=632#comment-132194</guid>
		<description>That&#039;s it!  I am totally ready to make a killing in the market with this last piece of knowledge.  Thanks Greg!

Can I, um, borrow $10,000 to get started?

;)

(good luck with the market wizardry dude!)</description>
		<content:encoded><![CDATA[<p>That&#8217;s it!  I am totally ready to make a killing in the market with this last piece of knowledge.  Thanks Greg!</p>
<p>Can I, um, borrow $10,000 to get started?</p>
<p>;)</p>
<p>(good luck with the market wizardry dude!)</p>
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