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In the sense that we are talking about IN THIS THREAD, which sparked the actual discussion in this thread, trading is the act of buying and selling securities for profit on a reasonably short term basis. The OP was talking about short term trades and turning 1000$ into many millions or making...

my completely ludicrous goal due to a complete lack of understanding of bid ask spreads, trade commissions, carry costs, and efficient markets is to try and make 0.025 cent on contracts that cost 0.50 Fixed it for ya :)

It seems you, like many others aren't able to differentiate between "trading returns" and added value from business deals and growing company share prices and fund NAVs. You just google stuff and it spits out numbers you immediately trust. Just because Soros rolled the dice and made over a...

Isn't making shit up fun? Weeeeeee ! No, they didn't make 30%+ for 30+ years, but I'm glad you believe everything you hear on TV.

Which if you were to pull it off you'd be the greatest trader to ever have lived. There isn't anybody who has ever achieved long term results of 2-3% a month. If you doubt me, show me audited results of a single person anywhere on the planet that has a long-term 2.5% a month. I'll be...

What are you guys talking about? Karen has not multiplied her money to the levels you guys are saying. She's a little more than double in a few years. The thing that makes Karen exceptional isn't her trading skills (although clearly she has done well, I won't take that away from her) But...

Yeah pretty much. I'm sure there are those occasional times like I said where you might be able grab a sliver of profit from some weird price action, but as far as trying to build a strategy around it, it's pretty futile. If you were to consistently be grabbing profit out of these kinds of...

And I'll just add, from a retail account size perspective there's almost never arbitrage opportunities like you're outlining here. Things like dividends, roll yields, and all the other things that affect the expected outcome of an underlying are all taken into account in the prices of options...

I can't speak for anyone else here, but after re-reading my own comments I really don't think I've said anything rude in anyway to him. He clearly doesn't know what he's doing (and we've all been there when we started) yet he seems determined to pretend he does. That usually leads to one...

This is the type of thing the guys selling Iron Condor strategies teach. Did you ever stop to think why they are teaching it instead of just trading it? It's because it doesn't work my friend. They'd rather take the coaching fee and have you bleed down your own trading account rather then...

How do you find out what the annual UBI distributions were? Or is the UBI essentially all the dividends paid out?

What is the best course of action to limit the tax filing hassle for people who actively trade options? Assumptions: - US citizen, but non US resident (working overseas) - Living overseas, but trading entirely on US exchanges (S&P, VIX, VXX, etc) - making about 50 option trades per month...