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There have been a few times where on ET there were threads with an " interesting opinion", however I never ever learned anything of value here. A little bit of entertainment is all you get from this forum.

In my opinion one has an edge when the probabilities to make money are more than 50%. Of course the probabilities to make money keep on changing every day as price does, but the moment I sell an OTM option the probabilities are in my favor. That of course does not mean that I will make money...

I don't know because I don't buy options, but if I were to buy them I'd buy options with a time frame of 6 weeks or more. You'll have a bit more room to be wrong. As you probably figured out by now when you buy an option you must choose the right stock, predict the extent of its move and...

If you are selling options as long as your option is out of the money you can let it expire and save a few bucks on the commission, however it is best to close it by paying the commission and take out the risk factor. At times you might sell an option that has 1 -2 months left but somehow...

Where you trading or gambling ?

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STOP ALL TRADING for one month, now you are obviously emotional, it is a recepy for disaster.

English is not my first language, but it is yours, yet you cut and paste exactly the things you like and reply to them. I think it is called selective hearing in your language. Also English comprehension is not one of your strongest skills and you are supposed to be an author. It is not about...

1) I did not ask you to produce your trading results, just your performance if you come here with the tone " I KNOW IT ALL" The only reason I asked you to do that is because you seem to be here to extend your penis. If you are you need to back up your words. I couldn't care less about you option...

The very first thing you wrote as a respose to my reply was ..."what is wrong with you ?" I was not here to start any pissing contest, nor I care of how impressed or not you are with my resume, nor I am a financial advisor. Just wanted to let the OP know that buying options is not a consistent...

I have been trading for 4 years and professionally for 2. Professionally meaning that I make my living with no other activity than trading/selling options. If you want I can send you privately my website. It has a track records along with trades. Don't worry I am not selling anything. The...

The Pros sell naked too and unless you learn to leave your cherished opinions out of the door you'll never become one.

Actor, all your points make a good market loser, unfortunately there are many more...for instance many daytraders and people who do very active trading are gamblers and in the end market losers.

1) Yes he does and eventually he is going to be a market loser like the vast majority of option buyers. He did ask how to buy options there is nothing wrong in letting him know that is not a good strategy to make money consistently. 2) You gave me no gem whatsoever as a matter I wonder if you...

Trading is NOT gambling for professional traders, but it is for the vast majority of retail traders. If you don't have an edge you are a gambler.

It would be best not to have an "opinion" at all. Ideally if the OP learns to spot and identify trends he could buy ( very risky ) and sell options according to the trend. Many pros sell options WITH the trend not against it. For instance if gold is going down they'd sell out of the...

That's what they have been doing all along. Totally fashinating. It is also funny how Joe Shmoe get sucked into the stockmarket and spend hours to look for the holy grail or buy it from someone else...while at Goldman a team of scientists and I mean really hard core smart people are put...

I wish your comments hit home, they make no sense, you cut and paste what you like to make no sense. It is almost as if you have the attention span of a cat about 5 seconds...maybe. I had nothing but positive years so far, and you have no idea how much money I manage. This is not about me...

and you are a miserable idiot who can not read engish so I will cut and paste what I wrote already two times. Now it is in capital letter ( this is the third time, try to pay attention ) THE FACT THAT THAT I CAN NOT DAYTRADE OR DON'T KNOW GOOD DAYTRADERS DOES NOT MEAN THAT IT CAN NOT BE DONE.

So everyone is going crazy because I said floor trader when I should have said black box, but before I also said ... "The fact that I can not daytrade or don't know good daytraders does not mean that it can not be done. Agree on everything you write except the time frame. Daytrading is the...