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I'm just hanging out this afternoon so I will address some of your ill informed statements 1. The reason institutional traders find the change to retail nearly impossible is the same as why so many previously successful floor traders/locals found it impossible to succeed as screen retail...

It's all good, after reading your first comment I'm not surprised that you can't count past 1. Although in kindness, I would have given you the benefit of the doubt, and said you probably had to take your shoes off to count past ten.lol Cheers John

No worries, comments like yours are like water off a ducks back. My reality is my reality and yours is yours. Cheers John

No worries, we are all entitled to our opinions, ultimately we all get exactly what we deserve from mr market, and he decides who the clowns are, not you or me.lol Cheers John

Every now and then I get bored with chatting online with woman via the dating sites and look for a reminder of why they are still the best opton.lol I have to agree, any usefull secret knowledge is certainly a well kept secret on this site.lol Successful speculation doesn't require watching...

Anyone who thinks it isn't possible to make 2-3%+/per month consistently needs to go back and take another look at his/her options trade plan. I know several premium writers who make better than 35%/annum, one fairly consistantly for the best part of 30 years on ETOs, the other 35-70%+/annum...

Just settling in for a quiet night tonight with the US holiday and majority of my written FTSE100 options having expired OTM last friday. Still, it doesn't pay to rest on my laurels whilst I also have futures positions on, no point giving back profits. Even though the indexes are still moving...

Hi Red, the same to you mate. How are the trading gods treating you. Cheers John

Generally my positions in Derivatives (futures,options) reflect 1000-2000/1 leverage, if I tried to trade your method my accounts would be ticking timebombs, the lag time is just so great. But as they say, each to their own. Periodically I will get a call from one of my various brokers when they...

To be honest I was hoping to have the price levels defined in order to clearly understand the RR inherent in the strategy. Cheers John

Hi, I just took a look at your chart and am curious as to how you would trade it. At what point would you enter the trade, at what point would you exit the trade assuming the current last price were the top, no one knows whether or not it is until after the fact, and what would be the...

You didn't go back and re read any of our posts did you.lol Good luck in the future. Cheers John

In general I will agree but markets still go down as well as up, plenty of money to be made coming and going. Cheers John

All I will say is the reason that I remember that comment is that it lead to a major change in my approach for the better, but each to their own. Cheers John

No, I just meant that there are easier ways to make money in the markets. Cheers John

Perhaps if you were to re read my original post you would see that I separated floor traders and scalpers who are generally in and out of positions numerous times per day, from investors. I was simply saying that being fully informed pays dividends and is a good place to start, but of course if...

There was a documentary titled Bulls and Bears back in the late 90s, and the main protagonist was a big American speculator on the floor of the then SFE. He described trading as thus "the market is like a comet going thru the sky, you can never quite grasp the market. You can analyize charts up...

I'm not so sure that you could argue that at all, people buy and sell at all different times for any number of reasons, that doesn't make them traders. How many people do you know that buy and never sell, I personally don't know of many, by your metric there are hardly any investors at all. On...