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21 years!!!?? What have you been doing all that time

Thanks @cesfx this is really fantastic advice, I really appreciate it. What you advocate makes plenty of sense but also shows me just Howe much l have to learn as I am not too clued up on terms like delta. For instance, why should I look to buy delta that is not too low?

Thanks, this is great advice and l really appreciate it. I hear what you are saying about trading options as both a newbie and small account holder. Weighing it all up l think that I'll trade micro spot forex live. This way I can learn in a live environment and keep risk low.

Ok thanks, really appreciate the time you've taken to help me out. I've learnt plenty.

Thanks, and how long did it take you to become consistently profitable.

Thanks, that's very useful you know. Couple of questions if you don't mind: 1. When you say that the MGC chart mirrors the GC chart does that mean that you don't get big gaps in the charts due to low liquidity? 2. How about the M6E as an alternative to MGC? This trades off the 6E charts but...

Is this E Micro Gold? If so you're right as the maintenance margin is $340. Thanks for the heads up. How liquid is this product? I've heard that the E Micro futures are generally desert lands in terms of trading liquidity. How could I check the liquidity in MGC? Thanks.

Thanks lindq, I really appreciate your taking time out to educate a newbie like myself. It's much appreciated! I gather from your replies that you would not advocate a beginner starting out with options. If not, then what would you recommend as a good market or instrument to start trading? I...

Thanks for the welcome, really appreciate it! Yes, I'll happily admit that I am a newbie so your view on the complexity of trading options resonates with me. I think I'm attracted to options as I've seen 100 lot contracts on highly liquid equities going for less than $100. I suppose these are...

Thanks, this is a very useful constructive reply, just the sort of thing a newbie needs to navigate their way through trading jungle. I have looked at futures and interested to know how you think I can seeing g trade futures given that the overnight margin for most futures is $5,000 plus. What...

Thanks. But couldn't this happen in any sort of trade whether it's futures, forex or options? There is always a risk of losing money. The key is to win more than you lose. What instrument or market would you recommend a newbie with only $2,000 starts trading with?

OK that is definitely the impression I got in my visit there. You wouldn't say that many are proponents of the classical charting or investing school of thought. What I am proposing is a more measured way of trading options. Using technical analysis to assess which direction a stock is...

Thanks. Is quite sobering reading your post but I must take on board what you're saying. The thing is there are people, with plenty of trading experience, who say options trading is not that difficult and is over complicated by many. This makes it very confusing for newbies. For example there...

Thanks, appreciate the reply but could you please, if you have the time, expand on that? It would help us newbies understand why this is not a viable strategy. Cheers.

Thanks, I will do. I checked out WBS and it did seem like the sort of forum where more, shall we say traditional, investment strategies area not followed. Is that a fair assessment?

Thanks, I will have a read of this. Appreciate the link. However, I am not looking on this as a gamble. I am hoping that it could be a reliable strategy that creates consistent profit. This would be using calculated risk of course.

Hi, if one is starting out with a small account of say $2,000, could swing trading using vanilla equity options be a viable strategy? Thanks.

Yes, compounding is amazing but @gnome said that their account stands at $10 million which is a very long way from just $153,000. So the CAGR must be pretty high. Either that or they invested more than the initial start of $25 a month. Also, this sort of investment style suits a youngster just...

Not to decry your skill level but, if you started almost 40 years ago, would the massive growth of your fund be mainly attributable to that 8th wonder of the world - compounding? Or is it due to large annual returns? What would you estimate your CAGR to be if you don't mind me asking? I'm sure...

I take it that you are referring to one MICRO lot here and not a standard lot?