Every modern effort to crush free speech begins as a crusade against "disinformation." China's massive Internet censorship apparatus was initially justified as an effort to control the spread of false information, and the Chinese state still describes it that way.
Once you accept that idea, free speech is doomed.
More from John Hayward
I wrote about how Mike Lee is right about "democracy" https://t.co/1dKUae4TUe
— David Harsanyi (@davidharsanyi) October 9, 2020
The disturbing flip side of thinking democracy is a magic talisman against tyranny is the belief that democracy sanctifies power - the essence of majoritarianism. "They can't be dictators if we can vote them out of office!" is one of the most dangerous ideas in the world.
The restraints placed on power are MORE important than the process of choosing who gets to wield it. You would be more free under a tightly restrained hereditary monarch than in a "democracy" with totalitarian centralized power.
The human race learned, fairly recently, that elected government is the approach most likely to maximize liberty and human rights, but where on Earth did we get the notion that it's perfect and sufficient all by itself? The world is full of tyrannies that hold elections.
"Democracy" would be the worst of all worlds - tyranny by mob rule, with the oppressors claiming their every fancy was fully and completely sanctified because they won a vote, and why should we let a stubborn minority thwart The Will of the People?
More from Society
You May Also Like
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0