Bullsh!t - he flies on a private jet, FYI, he owns Netjets...don't see his ads in Forbes etc....
Plus he owns a mansion in California
http://en.wikipedia.org/wiki/Warren_Buffett
I am looking to join a prop firm to trade mostly morning sessions and some random daily routines....since I have a full time job but do have a flexability of trading (work from home mostly)
From reading posts there are many 'reputable' and legitimate firms but it seems there are some shady...
It appears some spreads (Bid and Ask) are so wide in some of the stocks and move very slow it's discouraging to trade options...unless you order fills at your price...(if ever)
Any thoughts how to trade it?
Where can I find a list of most active options to trade?
Some options I've been trading are seem to be very low volume...I need something high volume and highly liquid?
Thank you.
What is the difference? is the premium only the difference?
If I think price will go down...why can't I just sell CALLS(short) instead of buying PUTs?
Thanks.