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The oil hedge that wasn't: "What I Learned from Losing $200 Million"

Discussion in 'Education, Tutorials & Courses' started by ForexLive, Dec 28, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Here is an interesting from an option seller on how he lost $200 million. Option sellers, eat like chickens, poo like elephants, eh? The piece is a good read for a quiet Asian day, but its more than that. The author refers to how his complex mathematical calculations gave him an 'illusion of control', which is

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