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'There are only three rules on investing: first, never lose any money, second, never lose any money, and third, never lose any money.' Warren Buffet, Berkshire Hathaway Is this one rule or three rules?

What is wrong with being a Short term Self Directed Innvestor.

I have heard from a few instructors from different seminars that: 1) Price pattern will not work if you are the ONLY one that see it. 2) Price pattern will not work if you have to look very hard to find it. 3) Price pattern will not work if others don't act on it. 4) Price pattern...

OK, if you want directional You can use the butterfly, where you can place at whatever strike and direction you want. Low risk, high profit, You can do directional calendar or diagonal. You can use the ratio back spread, also low cost with unlimited profit. These strategies are...

You can flip the coin and win several times in a roll. Did you really predict or just lucky? You can also loss several time in a roll. Think about it, it is either head or tail, It is either up or down. 50% May be you don't need to predict direction, check this out...

There is nothing that can predict direction, otherwise everybody would be using it. The prediction must be much better than 50%!!! UP or Down. A coin flip is 50% accurate. You may want to consider trading non-directional strategies such as iron condor, double diagonals, double calendars...

Turn on the TV!!!

Seem OK if you get free commission. You essentially divide the theta in 4 and paid the commission 4 times. You roll 4 time per month instead of one!!! Too much work!!!

Do you have a trading system. If you do: Your trading system should have a trading plan. The trading plan should have a set of entry rules and exit rules. The entry rules should have the entry setup and requirements to initiate a trade. The exit rules should have the setup and...

Depending if you are the seller or buyer of the spread, there really would be no such a thing as cheap or expensive, just good or bad price for the trade. I believe the cost of a spread at any moment would depend on the implied volatility of each component option which changes as price of the...

Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determinations alone...

I remember when the instructor in one of the Option Trading Seminar showed his $1 million account to the class , a fellow student said: " that is easy.... he starts out with $3 million." How much money do you have? And, how fast you want to reduce you money to zero is entirely up to you...

Process to reset TOS Live Trading account cash to zero is not simple. However it can be done if you follow the process: 1) BUY the current month OTM call or put option of any stock or index until you have no buying power left. Be sure to go against the trend. Buy put in uptrend and buy...

OK, there is another possibility: When you first login to TOS, you have to select paperMoney, (click on the arrow on the right) just above the User and Password. PaperMoney is green. Live TOS trading is red. If you login to Live TOS Trading, which you have not fund therefore you...

You only have 10 days to play demo. You demo may have expired. You will have to fund the account (Minimum $3500.00) for continue use. How to reset TOS "Papermoney" to $100,000.00: 1) click on the ACCT STATEMENT tab. 2) Right click on the blue arrow on the left of the Symbol Box on...

I found this article: http://articles.moneycentral.msn.com/Investing/JubaksJournal/HowJapanSankTheUSmarket.aspx?page=all It the cheap Japanese money making the bull market and now the cheap Japanese money is going out fast!!!

This is my "Trading Education" story and how much I paid for it: Warning: the story was written in Chinglish (Chinese English), no sub-title availble. It started summer of 2004. 1) Investools 5 Step Investment $600.00 (Rate: A) Very good for beginner like me. Sold Course manual and...

The sky is falling! The sky is falling! The sky is falling!