Search results

...we're headed down to 18... good luck.

SLV 28 by tuesday. Kinda hang there for a couple months. Should have bought those May 46 puts, last week. Stay away. EDIT: Eventually, we're headed back down to 18. Aug 09 to present is nothing but a lie, folks.

With all this consternation over marriage... why are we so hell bent in keeping gay people from it? I mean really.

That tired old russian roulette analogy again. http://www.monthlycashthruoptions.com/ReturnOnInvestment.htm How can you argue with their results? You can't. Think they're liars? Probably not. Even if they showed you their long form birth certificates (along with all their brokerage...

Jesus. What horsecrap. Nothing is predictable, when it comes to the stock market... any market. I am engineer... and I know this. You paint with such a broad brush. That's why I get a kick out of everyone trying to apply some mathematical calculus to predicting patterns, buy signals...

Oh boy. Here we go. That 'edge' garbage talk again. My favorite quote on here: "You have to develop and hone an edge so as to ensure positive expectancy with your chosen strategy..." Markets are efficient. 'Edges' won't help you. Other than "buy and hold" (index funds), there is no such thing...

Dude. Don't do it. I am engineer too. Had a good friend who quit a WELL PAYING JOB... because he thought he could make it, day trading. Under the illusion that he could make even more, be his own boss... He lost it all. TWICE. There is no future in trading as a 'career' (over a 25...

RUT still way too high. 820 to 830-ish would be more realistic. Glad to see that this index actually moves up AND down. Was just going up, up, up, up... RIDICULOUS.

"Edge" = fiction. Things only work out.... until they don't anymore. Your "edge" won't help you there. People are fooling yourselves...

You can't mix and match accounts. You have a ROTH account that you can trade out of. Take wins and losses. You have a taxable account, a different account entirely, that you can trade out of. Take wins and losses. You cannot net wins/losses across accounts. At least I am not aware of...

Why not just show the trades? Opened on 2/15/2011: IWM 75/71 March Exp, Put Credit Spread, .22 credit. Expired worthless. See how much easier it is to follow? There really was no reason to lose money on put credit spreads in March, if you were FOTM.

It has been going on... forever (until it doesn't) Covered calls can limit the performance of your portfolio. Your winners get called away - capping your return... While your losers drop in value... and stay with you. I would look at cash-secured puts on stocks you would like to own...

There we go again... reference to that fictional "trading edge" ... and reference to the "1%"-er crowd... Oh yes. "Put in the hard work" - hours, and hours... maybe even years... and its all gone! You've wasted all those years. All that time you could have spent doing something else... at...

You're destined for ruin. Trade as a hobby, but keep your day job. Actually enjoy life. Don't like your job? Get a different one. Don't like working, at all? Volunteer then. Do something meaningful with your life vs. being glued to your computer screen 24x7, just kinda leaching money from...

Definitely VOD, using this method. This is not the FOTM/Index/1.3 sigma method of doing these things. This thread would have been a lot more interesting, had you gone down that route. If you have an IC formed tightly around the money - on both the put and call side, on a volatile...

Start with cash-secured puts on volatile equities/ETFs that you want to own - for a discount. Probably the safest thing... because: 1.) You get an immediate credit/income to your account. 2.) If the underlying moves to your short strike, you are closing in on the chance of getting that...

Be careful with options. They are like milk: they all spoil, expire, and have to be thrown out. You can waste thousands of dollars buying these decaying assets. You have to be right on the direction (up, down, or even sideways) in order to have any chance... You can also sell them...

How's that dashboard, Howard?

No... Like I said, I don't subscribe to their service. I don't really believe in subscribing to services/newsletters. That said, the truth hurts, doesn't it? See - I don't think those people are liars, are cooking the books, or out to scam people. If you think they are... you can always...

First, we know that credit spread strategies can work, year after year, if managed well - just like any other strategies. Even in 2008. See my earlier post. Second, I'm not so sure Howard is here necessarily to "sell himself" to others vs. more he's just sharing his trading approach. Just...