grey-hound-me.livejournal.comИмеется вот такой фрагмент с обсуждением стратегии торговли:
Q: Did this happen bеcause you were just rеacting to order flow? That is you were basically fading the offers, buying the bids and the market was relatively quiet so you were able to make the spread?
A : It was a little bit different then, the market was pretty busy. So I was fading orders, market making, scalping in and out, and when everything netted out, I was buying options and hedging it. So I had basically a long volatility position, which will be profitable if the underlying moves significantly. So I was making money two ways, first scalping and collecting on the bid offer spread, which was paying some bills, and then building that into a long-term, long-volatility position as the market was going crazy. Option volatilities were getting more and more pumped as the gyrations in price increased, and then I thought, I'm going to take this strategy and run with it until I become billionaire. Naturally, about a month or two later, I had lost all of that money. Volatility contracted and, of course, then everyone really wants to hit you on the options at that time.
Помогите, плиз, разобраться с выделенными местами. Что-то fade это мне здесь не вполне понятно. Буду очень благодарна тем, кто выскажет свое компетентное мнение.