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Look, options are tempting. They appeal to our greed. I was obsessed with options when I was your age. I read the whole book "Options As A Strategic Investment". Luckily I was broke then. Your experience is "trading and investing some, but mostly just investing", and you think you are going to...

Depends on how you use options. If you are just buying options as a leveraged proxy for the stock, then you potentially have higher returns but also have much higher risk. One guy said trading options is like shaving with a lawnmower. There are of course many options strategies. What kinds...

Do you mean one would need to work at, say, a prop firm in order to learn how to trade? Or are you just saying that unless I can go at it full time during the work day it's prohibitively hard to learn how to trade?

I would like to learn how to trade. I've read a lot of books, and see there are many markets and many strategies and approaches to trading. When I learned to play online poker, I lost my full account the first go round, but I learned, improved, and made money at it. But trading seems a bigger...

How might I contact Jack?

Hey just wanted to let you guys know that it's not possible to transplant a kidney. I studied for a LONG time, like two whole months, read multiple books, so you can see I really put a lot of effort into this and was very well prepared. I mean, it's not like people would study something for 10...

What does C&R stand for? As in this thread

Why not entanglement reversal based on Gaussian quadrant pair breakout?

So because YOU aren't open minded enough to think of ways to partake in deliberate practice, then it clearly must not be possible. It is certainly possible to partake in deliberate practice in disciplines which involve randomness. Poker players are one example. It's not about learning a...

In American football, the correct strategy depends on what the status quo is, and what kind of offense and defense your opponents are using. One day decades ago some coach invented the option offense, and they crushed their opponents because the defenses were not built to stop it and they did...

Thank you for this advice. What would you suggest as a realistic minimum to start with options strategies? Will the commissions on basic stocks also be prohibitive at this level? Is it also unrealistic to try selling calls covered by another call or LEAP with this amount? I had thought this...

I am rolling over about $5k from a 401k to an IRA. I'd like to have the ability to try some options strategies. Probably simple covered calls at first, but I'd at least like the option to do spreads. Any recommendations of brokers I should look into that fit this?

Here's one for AES. I wasn't sure about the green lines. Should they not be drawn because they are not the primary trend? Would it be accurate to say that you want the minimum number of trend lines so that there is at least one trendline covering every column?

Okay, I think I'm getting it now (or getting closer). Here's a chart of AMZN.

I believe it's AMD, from about 1 year ago. It was a chart that HolyGrail posted toward the beginning of this journal. But any example you are willing to provide would be much appreciated.

Okay, I gave it a try. See attached chart. I included the double top/bottoms and connected them to the trendlines. Let me know if that's correct, incorrect, or just overkill :)

I have been reading this journal from the beginning, and it's great, but the one thing I have not felt confident about at any point is trendlines. In many of the posted charts, I see numerous places where a trendline should be drawn according to HolyGrail's description of how to draw a...

It's important to be clear on the terms we're using. Most people say "gambling" when they really mean "carelessly risking money", or they only associate "gambling" with "losing", or they pidgeonhole all "gamblers" as "low-life degenerates who have thrown their life away on gambling addiction."...