Here's a complete thread over https://t.co/3AMr0TwRFs the persistent #WebGL-powered digital venue we built for and with the team of @tomorrowland.
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We wanted to lead users through a consistent animation context and resizing panels.
Don't reproduce this at home, you might hurt someone.
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A person who adamantly argues for why you are powerless and takes offense at your self-determination could not be more clear about what role they prefer you in.
— Salom\xe9 Sibonex (@SalomeSibonex) December 30, 2020
Around 2012, while on summer break from what I felt was a lackluster school year, I was kind of at a breaking point. A prominent designer was peddling this self-help program, a $6000 weeklong workshop that centered around dinner with him and his influential friends.
His response to a fan who was deeply inspired by him and wanted to be a better designer, who asked "what if I can't afford the $6000?" was "You simply don't *want* to afford it." It's not a priority for you. I remember seeing it on Facebook and getting up from my chair.
It was gross, and it felt like the latest incident in what seemed like a long generational road of manipulating impressionable young people into thinking that the only thing stopping them from having the lives of these visible figures was passion
It felt wrong. Absolutely wrong. I thought about my best friend from high school. Someone just as—if not more—talented than me in art. Both of us dreamed of going to the same art school. Only one of us did. His familial socioeconomics as his undocumented status made it impossible
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Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020