Thread: Using Oanda FXBoxOptions Profitably

these last night, I played Incidentally. For about 5 - 10 minutes. Realised I had done it before (long time ago) and came to the exact same conclusion. NEXT!!

Originally Posted by ;

There are a number of possibilities here based on whether the box gets struck or not, the stop gets hit or not, the TP gets struck or not, every with its own payoff and probability, so the expectancy of the thing would be hard to figure out to say the least.

Capitalist, I am really beginning to dig one man. Instead of being lazy like me, you went ahead and did the true math proof. I lazily skipped that part, attempting to make my stage only with the logic. Thank you sir, you're a shinning light on this forum. And im not just saying that because you said I was right LOL (I already knew that)

Originally Posted by ;

I think my motivation was more to be sort of on your face to Oanda with regard to those so called options by out-statisticing them

yes, out-statisticing them would be the only method to win. However, you'd have to believe oanda is pretty darn dumb for this to work. Options valuation has come a long way in recent decades, and the math is pretty much solid these days (ie black scholes etc). When I first heard about those box choices I did a little math to see whether they were mispricing the choices in any way, just for kicks. Unfortunately oanda isn't a dummy.

Sombody throw drummer another vouch so we can get him back !

Originally Posted by ;

sombody throw drummer another vow so we can get him back in this dialogue!

I simply added a vouch. He also began a thread on neural nets that I think is going to ROCK!


Thanks for your comments too Merlin! I'm actually still only an undercapitalized doofus in an apartment somewhere.

Thanks, Merlin (and capitalist). It is appreciated by me. You were spot on about the price analysis. Silly me, I completely forgot about that $55 price! Should have known it was too good to be true. It seems like to make a profitable hedge with Oanda's choices, you'd have to know where the trade goes if it went against you, as a sizable box option as a hedge doesn't provide enough return on investment to cover most trades. Basically, to win these choices, it feels like you have to get a valuation model that's way more accurate than Oanda's... we are talking 15% greater or more, since Oanda's egde (ie, risk disperse ) is huge.

Too poor. Maybe I will play around a little more with them in small amounts and determine if I can locate some smart egy. I mean, hey - that they can use the money anyway...'cause once my NN is ready to go, their 0.9pip EUR/USD spread won't have nothing on my statistical edge

Have a fantastic weekend guys.

Originally Posted by ;

Must have known it was too good to be true.

Famous last words

glad we could inform you guy remember. . .shit in, shit out! LOL

FXBoxOptions my frigid Chicagoan Buttocks

Oh my we are having far too much fun lately

Originally Posted by ;

FXBoxOptions my freezing Chicagoan buttocks

Wait, that is a different thread... are we missing??