Recent content by mayhem28

Saw him on CBOETV wearing a green wristband, is this a sign of support for Iran's "green movement" or does he usually wear that? Wael Ghonim was wearing something similar during his NBC interview and mentioned later it was in support of Iranian protestors. Najarian is also a common Iranian...

Profit is limited to the credit recieved... or is it? (Screen grab was taken an hour or so ago.. so its obviously not as of right now/whatever IEF is trading at..)

Your off to a good start.. down 50% What was your forecast for GLD? Buying those calls would suggest you expected an above average speedy move up.. Even with lower end IV levels, I would of thought it is not the environment to be buying naked out of the money call options.. although I did buy...

How can I go to one of Don's bamboo cookouts and mingle with the best of em?

Is it tougher to find a successful daytrader or options trader amongst the greater trading population? I think the later. I'm not talking about those that say buy leaps or use options to hedge their stock positions. You just don't really "hear" about them that much (outside Market Wizards books)...

The holy grail is a true understanding of why there is not, nor could ever be a holy grail.

Grab a copy of "Come Into My Trading Room" by Alexander Elder

Nothing personal, but I wouldn't go anywhere near Maurice's course.

Making good money depends a lot on a persons account size and risk tolerence. If your trading iron condors on a retirement account for instance, your not gonna be trading huge size. But that person might be very passionate/knowledgeable about options and can do a very informative class on...

Why don't you attend one of his live trading seminars first to see how he handles live markets, and you get the cost of the seminar deducted from the mentoring if you do decide to take that up, win-win. Apparently he has a very different off-screen persona, there is a youtube video excerpt of...

Hey Gait, Yeah you raise some valid points. I think IC's can still be profitable even if vols go up as long as it isn't a huge move up as the trade would just need more time for theta to do it's bit. If I put on an IC 2-3 months out and vol's go down a fair bit, then I can take off (usually...

How realistic is this for long term success trading options? I've learned a great deal about options for some time now and have been trading iron condors since about June (learned a lot from Mark W's blog, thanks Mark!). Obviously conditions have been ideal and yesterday closed the put side of a...