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  1. J

    Volume analysis is to be discarded as it is "too much information"

    And yet 95% of so called traders lose, go figure! Regards Johno
  2. J

    If edge is hard to get, why traders keep trading?

    Hi A, How long have you been searching and what approaches have you tried that ultimately failed? What did you study and what do you do for a living? Are you finding success in the markets now? If you don't want to discuss on ET feel free to PM me. Regards Johno
  3. J

    Why most traders are losers

    Nothing to be puzzled about here mate! Regards Johno
  4. J

    Volume analysis is to be discarded as it is "too much information"

    Love the photo and Whisky you can hold up exemplary standards like this one any time you like. Regards Johno
  5. J

    Multi-Leg OPTION Trade Ideas --Bull/Bear -- Let's Discuss

    Just my 2 bobs worth, The market becomes your stop, with the caveat -where in a normal market at least, the position needs to be set up in such a way that your loss should not (no guarantees)exceed the maximum you have allowed when calculating RR. Regards Johno
  6. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    I wonder what his road to Damascus moment was! Regards Johno
  7. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    Spin, You seem to be such a cynic, have you always been like this. Perhaps reading about some of the opportunities out there in the trading world might cure you! What do you think. Regards Johno
  8. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    Perhaps dagnyt might be better a better resource in your search for answers. Regards Johno
  9. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    I was referring to arbitrage opportunities! I am selling the right to -whatever conditions- for a specified time - for a premium (cash value) so as far as I can tell I'm selling an option! Regards Johno
  10. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    Hi Odd, Playing with Delta looks like it could be a lot of fun! At some point you will realize the advantage a reasonable handle on the Greeks will give you. Up front, I have a reasonable handle on option behavior but certainly nothing like some of the options scholars floating around...
  11. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    Hi Odd, Writing options would have to be one of the hardest ways to make an easy buck! Options are priced close to fair value in all timeframes due to supply and demand. Having speculated on both sides of the fence I now favor the long side as the RR is far better and positions are easier...
  12. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    edge is " I was just suprised that you would dismiss a comment "edge is within yourself" whilst acknowledging that you had no idea what the comment meant! Options and edge was what I was discussing as well! Regards Johno
  13. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    Quote from guy990opl: Everyone is different. People might have a lot of different edges so there might be as many edges as people. But it is safe to say that having a high probability to make money and managing risk is a better edge then the edge "within yourself". Please note I'm not...
  14. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    Would you care to define what you consider the term "edge within yourself" means? Regards Johno
  15. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    So is it safe to say - virtually anything that offers better than 50% chance of success would be considered an edge based on this post? As what you mention appears to be externalities similar to the ones I already mentioned? Regards Johno
  16. J

    Daytrader's Only

    I think I know where you're cumming from There was an article about some bloke being caught shagging a dog, he apparently knew exactly why he had done the dog, very few of us could understand why though, and I don't think that we ever really will! Funnily enough after that people avoided...
  17. J

    Holy Grail!! I found it..

    To be honest, I hardly pick up a Cue these days, good eye hand coordination is required but unfortunately as I've gotten older the eyes are shot! Regards Johno
  18. J

    My option trades for the past 6 months, feel free to ridicule, or offer guidance

    The elusive quest on ET to find a definition for edge! Just like asking a wymin's group to define Feminism, every one present will have a different definition! IMHO there is no inherent edge in buying or selling options unless you can achieve a lock, if the profit cannot be quarantined then...
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