DislikedHello My Friend, Following your thread, I do agree regarding the Experience and, on the other hand, I can see you indicating: "Fti's strength is now, it's hidden in the thread, not easily seen, what people gleamed is nothing but the surface." Let me make a brief comment on that: indeed, FTI strength was in 3 Pillars (Market Knowledge, You and CAP). While experienced at Tier 1 Bank (with all his strategies, RoK, Delta Hedge, some of them restricted etc.) he could use 500 M to safe 1 M with no Leverage; he had an exclusive access to corporate market...Ignored
What I meant to say, how fti produce those strategies, and said what he said, what he said is on the surface, how and why he said it, the thinking process, that is where the real strength lies. The knowledge is just the surface, he real strength was strategic thinking, being able to use the knowledge appropriately. That is where I perceive the real strength lies. Hence, I do not restricted myself to the knowledge in the thread, because I felt there is more I could learn from fti, his thinking process, and because of this, the knowledge in the thread is only a portion of his real abilities, albeit the core and a big chunk.
There was no secret to begin with, it's how you train your mind to be able to produce creative strategies, this, nobody can teach you, you have to train to innovate during the circumstances itself, that is what I want to learn.
For example, if you trade a major and it gets into trouble, what you can do is see if the cross pair you rotate into can help you by providing trend plus interest, and allow for you to recover better.
If you look at the black and scholes equation, you will see, among all the variables, there is spot, strike, time, volatility and interest rates/dividends.
These are features of markets, then futures there is contango and backwardation, so if you trade positions, you can potentially do a futures butterfly to trade the relationship, while trying to gain advantageous positions.
For options, there is volatility arbitrage, trading implied Vs realized. Or trading options relative value.
For spot, there is pairs or intermarket relationships to exploit.
Then there is the core mo, rescue and attack, plus mm.
All these made possible by mindset, the rest is strategy, which is how to create stronger positions Vs market or current situation.
All these above I don't think is possible just learning the stuff in the taf thread, fti once mentioned, he owe his success to strategic thinking, experience and mindset. The key has always been strategic thinking.