This thread starts from a discussion that started in "the small exchange" thread, and in particular in this post
In that post I mentioned some points that Tom Sosnoff made during the interview with chat with traders
1) there is no way to beat the market and even quantitative models are bullshit (Tom's word in ChatWithTrader interview at minutes 22 to 25)
2) forget technical analysis.... markets are random (min. 25 to 27 of Chat with traders interview)
3) you can only make money through a statistical edge based on mean reversion of volatility. ( first part of the interview)
I decided to give this title to the thread because I think that Tom's views are shared by most of options traders and are linked to a completely different vision of the market.
Options traders vision of the market is in itself a whole paradigma for thinking about market that is completely different from the market perception that futures traders usually have.
Please share your thoughts about these points and let's discuss this subject further.