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Algorithm Trading (metals, energies, currencies etc)
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muganda
#11 Posted : Thursday, November 22, 2018 3:43:44 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907


This boy lost a lot of money.

James Cordier of Optionsellers.com humbled by extreme market fluctuations in natural gas & crude oil. Apologises to his clients, who were totally wiped out in the process. It appears he lost big w/ short calls in crude, and saw an opportunity in natural gas. Things got much worse as natural gas rallied beyond what most expected, and buyers of the calls he sold cashed in, wiping his Hedge Fund out. Deep sympathy for his clients. More than likely Mr. Cordier was attempting to recover losses for his fund so his clients would finish 2018 on a high note. No speculation at all on intent other than giving the benefit of the doubt. It is a warning to all traders and investors to be cautious and manage risk.
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  | | Edit by user: Thursday, November 22, 2018 3:46 PM | Reason: Not specified
Dennis2018
#12 Posted : Thursday, November 22, 2018 6:21:44 PM
Rank: New-farer

Joined: 11/21/2018
Posts: 16
Location: Nairobi
Hey @angelica_ann drop me an email: dwambaa@gmail.com...Then we can continue this further..

@muganda...literally the guy blew up...He was SHORT natural gas options and the thing spiked up...big time..Natural gas rallied 20% on a single day (14th). Futures market closed at $4.8... Well, how do i know?? Our system had initiated a LONG position on Natural Gas futures like two months prior at $3.02...You can imagine how much that position contributed to the bottom line..hehe
To know that we know what we know, and that we do not know, what we do not know; that is true knowledge. - CONFUCIUS
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Dennis2018
#13 Posted : Thursday, November 22, 2018 7:56:56 PM
Rank: New-farer

Joined: 11/21/2018
Posts: 16
Location: Nairobi
And people tend to forget a key law in trading..MURPHYS LAW... "What can go wrong will go wrong"... As such always have STOPLOSS set....The problem with this "guys" they think they know the market and where its heading hence ignore cutting short their losses... Forgetting that they are participating in a "random event" and anything can happen since returns happen in the FUTURE...
To know that we know what we know, and that we do not know, what we do not know; that is true knowledge. - CONFUCIUS
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Dennis2018
#14 Posted : Thursday, November 22, 2018 8:18:50 PM
Rank: New-farer

Joined: 11/21/2018
Posts: 16
Location: Nairobi
Angelica _ann wrote:
Now we are in business, how do i get hold of you/contacts?


Drop me an email: dwambaa@gmail.com...Then we can continue this further..smile smile
To know that we know what we know, and that we do not know, what we do not know; that is true knowledge. - CONFUCIUS
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Angelica _ann
#15 Posted : Thursday, November 22, 2018 9:05:24 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Dennis2018 wrote:
Angelica _ann wrote:
Now we are in business, how do i get hold of you/contacts?


Drop me an email: dwambaa@gmail.com...Then we can continue this further..smile smile


Given it out contacts on the way. This is better than Cytonn.

BBK bye bye, time to make real money.

Centum smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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  | | Edit by user: Thursday, November 22, 2018 9:19 PM | Reason: Not specified
Dennis2018
#16 Posted : Thursday, November 22, 2018 9:33:34 PM
Rank: New-farer

Joined: 11/21/2018
Posts: 16
Location: Nairobi
Angelica _ann wrote:
Dennis2018 wrote:
Angelica _ann wrote:
Now we are in business, how do i get hold of you/contacts?


Drop me an email: dwambaa@gmail.com...Then we can continue this further..smile smile


Given it out contacts on the way. This is better than Cytonn.

BBK bye bye, time to make real money.

Centum smile


Thanks...will b waiting on the contact Pray smile
To know that we know what we know, and that we do not know, what we do not know; that is true knowledge. - CONFUCIUS
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Gatheuzi
#17 Posted : Friday, November 23, 2018 8:03:00 AM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
Dennis2018 wrote:
Angelica _ann wrote:
Dennis2018 wrote:
Angelica _ann wrote:
Now we are in business, how do i get hold of you/contacts?


Drop me an email: dwambaa@gmail.com...Then we can continue this further..smile smile


Given it out contacts on the way. This is better than Cytonn.

BBK bye bye, time to make real money.

Centum smile


Thanks...will b waiting on the contact Pray smile

Laughing out loudly Laughing out loudly Laughing out loudly
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Swenani
#18 Posted : Friday, November 23, 2018 10:42:32 AM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Gatheuzi wrote:
Dennis2018 wrote:
Angelica _ann wrote:
Dennis2018 wrote:
Angelica _ann wrote:
Now we are in business, how do i get hold of you/contacts?


Drop me an email: dwambaa@gmail.com...Then we can continue this further..smile smile


Given it out contacts on the way. This is better than Cytonn.

BBK bye bye, time to make real money.

Centum smile


Thanks...will b waiting on the contact Pray smile

Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
If Obiero did it, Who Am I?
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Thitifini
#19 Posted : Friday, November 23, 2018 11:36:31 AM
Rank: Member

Joined: 1/15/2015
Posts: 681
Location: Kenya
Swenani wrote:
Gatheuzi wrote:
Dennis2018 wrote:
Angelica _ann wrote:
Dennis2018 wrote:
Angelica _ann wrote:
Now we are in business, how do i get hold of you/contacts?


Drop me an email: dwambaa@gmail.com...Then we can continue this further..smile smile


Given it out contacts on the way. This is better than Cytonn.

BBK bye bye, time to make real money.

Centum smile


Thanks...will b waiting on the contact Pray smile

Laughing out loudly Laughing out loudly Laughing out loudly

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

60% Learning, 30% synthesizing, 10% Debating
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SamuelWachira
#20 Posted : Sunday, December 02, 2018 9:49:56 PM
Rank: New-farer

Joined: 5/31/2018
Posts: 9
Location: kenya
Laughing out loudly Laughing out loudly Laughing out loudly


hehe sarcasm will not deter Dennis. He even ends the sentence with the praying emoji
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