Recent content by sirziggy

I'll say this. 1. You can lose money buying calls and puts 2. You can lose money selling calls and puts 3. You can lose money going long stock 4. You can lose money shorting stock Find a strategy, test it, trade it, share it. That's what this is all about. I'm always happy to answer...

No Two, no books, just life experience. I'm trying to give you some contructive critism. As long as you stick to your strategy, you shouldn't be killed in normal trading. As long as you can afford to lose 10-15% in the 2 times per 100 years the market losses 20%, then you should survive...

The 87 scenario is what spured the 20% discussion. Dow lost 22% that day. Mathmatically, if you incured the loss, you'd be looking at roughly 10-15%. We can all argue this all we want. If the entire stock market once again lost 20%, from his 80p strike, and he didn't do anything until right...

To address some. I've been trading almost 20 years. I use a multitude of trading strategies and this happens to be one of them. However, I am simply offering up my .2 on the pro's and con's. 1. I never said you won't lose money, you're putting words into my mouth. I said, in case of a 20%...

Well, I have been reading all of this and find it very interesting. Let's use a 100k portfolio and tworip sells 1k c and p and let's say he makes 1.25 on ea side of the trade playing the 72p and 90c. That gives him over 10% on each side. What's the real risk? Let's see 1. Stock goes to...