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I rarely get involved in such discussions, but I feel I can contribute slightly. 1. Most traders that trade successfully, wouldn't waste their time even for a $5k freeroll (if they're already in the market). 2. You're better off putting that kind of sums in to SPXL or TQQQ for the next few...

I have no issues answering indirect questions about my investing, investment strategies and thought process, after all this is how you learn - by reading and assessing others' point of view in comparison to your own. It's not very relevant to what the stocks have done in the past because since...

I'd hate to lose anyone, especially when you're possibly the only one following me. :-) I think you took my word "easy" out of context. The first time I used the word easy was referring to the premiums easily exceeding 1% per week these days. The second time I wrote easy, I actually wrote it...

Possibly, but so far (knock on wood) I have achieved much better than 1% per week on a sizable account (but no where near $1MM) since late Sept 2020. I have taken some hits in that period and several times had to take possession of stock (which I sold puts against), but overall it has worked out...

I'm actually in the process of achieving this type of trading scenario for the past 9 months (but started with a fraction of your hypothetical $1MM and instead, I'm compounding profits). Under normal conditions I would agree with the majority that this can't be achieved, but since the pandemic...

Buy and hold on certain stocks obviously didn't work out well. However, I doubt anyone would not diversify if investing long term as you suggest. Buy and hold any index and you'll do just fine because it's well diversified.

That was me being sarcastic as he was explaining to us how we missed such a great opportunity with his hindsight analysis. If he had worded it more correctly and suggested what could've happened rather than us missing that great trade, I'd have not commented so sarcastically.

Awesome past analysis!!! However, can you give us any guarantee that QQQ will outperform SPY for the next 6 months, 1 year or 20 years?

What kind of logic would you expect from an old guy who predates the TV, electricity, cars and the telephone? (yes, I'm aware when cars and electricity were invented). He has old school mentality and will never welcome new technology. His style of logic would also suggest pretty women shouldn't...

In real estate it's very common to be highly leveraged (like 5:1) and not ever worry about it. In stocks it's a ticking time bomb using same approach. Real estate also provides lifetime dividends that keeps increasing.

Truthfully, it would be easier and painless to just ignore you. Tried reading a few of your previous posts and none of them make any sense (to me at least) nor do they have any relevance to the topic discussed. Sorry, take care!!

I'm not sure what you're getting at, nor why you're comparing the value of $65K from 1990 to the value of $2MM today. Have you thought this out before you typed a response?

It sounds great that you had $65k available to you 30 years ago but all in all it's just a 12% per annum gain compounded over 31 years. For the majority of people in their 20-30's putting aside $65k is difficult because that's when you start (to raise) a family and buy a house. As you get over...

You don't make any sense, first you claim you see no slippage. Now you say you use market orders because of reasons explained? lol, hedge fund. Try trading anything more than 3 contracts of NQ on off peak hours and you'll see slippage or trades missed due to stop limit getting jumped.

Are you trading NQ or MNQ? And what quantities? Ironically today during regular trading hours I had 1 NQ get skipped over and not filled on Stop Limit order of 1 tick.

Not sure how big you trade, but I can tell you from experience the bigger you trade the more likely you'll experience severe slippage or even risk not get filled if using a STL with a short stop limit ESPECIALLY during non peak overnight hours.

They're free for options? Do they allow short puts (or cash covered)?

I think NQ does suffer from liquidity issues during the overnight trading hours. However during the first hour of the regular trading hour there should be no issues to almost any quantity in either commodity. I usually use STL +1 (stop limit orders with 1 tick limit) and get filled 99.5% of...

Yes, but the discussion was about stock market trading, not futures.

LMAO, where does an amateur get 100:1 leverage. If so I can tell you how 2 trading colluders can bust that brokerage.