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I bought 20 GERN Feb 7.50 calls in December for .12, sold them yesterday for .65, if I had the balls to hold on or set a higher limit order I could have got 1.75! But 500% is cool :>) I also bought a bunch of Mar 7.50s on Thursday, just in time. Made a nice profit in the early AM. I checked...

You either are a 50/50 crapshooter or a professional. If the question is "Do you think trading is gambling?", I assume that the OP is asking, "Do you think trading is a 50/50 crapshoot?" A successful trader is a professional one, a successful gambler is a professional one. "Gambling"...

I think we need to differentiate between two different types of gambling. 1) Pull the one-armed bandit and take a 50/50 chance. 2) Define your risk to reward and make a calculated, managed move when you recognize situations where the odds tip in your favor. When most people say shit...

I love these. The options are getting more volume on these now too, made bank on a scalp of FAZ calls today, now in a swing trade on FAS Feb 15 calls.

Yes, was on local news the other day, one of these scumbags was living in my community :mad: Ponzi, it's everywhere! :eek:

Can't believe anyone would post a serious reply here lol To those who start their response about how stupid the thread is, you are either not too bright yourselves or have no sense of humor..or both! Loosen up! :cool:

Your question includes an ASSUMPTION that someone/something had to create things. To ASSUME makes an ASS out of U and ME...well maybe just you if you can't accept that neither side has an evidence-based, solvent answer. Some things "just are" so why ask why? Some questions are best...

How many of you promised to stop trading and get a real job in 2009? I promise to do the opposite! My trading is going well after three years of drama. I'm my own boss, plumbing contractor with a laptop and wireless internet. I make time to trade before work and check in toward the end of...

Well...what do you see in the charts that indicates a selloff AND...that gold will never see 1000. again? You tell me! Because I think you are high lol

Typical. There are people with all professional skills that don't want you to learn, they would rather sabotage the competition than risk being surpassed. It's called insecurity. When I was learning to play drums as a kid, I would hang out with a kid who was a little older and already...

SILVER LOOKS WEAK??? I don't know how you figure that but I see a textbook breakout taking place, next leg up on the way is what looks most probable. Silver has been bumping its head on the 23% retracement from the high earlier in the year at around 11.50 and just broke through that level...

I have suffered many blowouts, though most of them were using 100. to 300. at a time in 08 learning how to trade options. I blew out my futures account early in 08 but only had 3000. out of pocket, which I more than doubled before making a fatal, overconfident mistake one day. Lost 85% in...

Uh, dork who sang this song, there is a sheet on your head, you might want to take it off, it's a little....noticable.

I could not begin to figure out the OP's test. :confused: It bruises my ego for about one minute, since I like to think I am fairly intelligent. Well maybe not THAT intelligent! :p As far as trading goes, in my experience it is street smarts and mental athleticism that go a long way. I...

That was an insane short play. I went long the bounce at 8.45 and sold it above 12. :p

All I know is it's officially Saturday and my charts are open, looks highly likely that Monday will be...you know...well it IS the end of October...

Dude, you are so clueless, can't believe you really think the markets are open on Saturday. hehe :p

I see a descending triangle on the hourly DJIA chart, looks to me like a cliff drop is coming soon, the fear-o-meter needs another scarier test than the last one to 7800, I'm seeing 7200, would be nice if we could just get it over with.

....and the only one that is useful right now. To go long, that is!

Just about every time I see this in a chart a sharp reversal follows at least short term.