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    Warning: Online Trading Academy (tradingacademy.com)

    I actually sat in one of these Online Trading Academy so called seminars and they did not actually teach you anything! It is more a high pressure sales pitch for you to sign up and spend your monies! The question one should ask is if you are really trying to sell someone a service, you should be...
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    Pristine Education

    Hi All! I consider myself somewhat experienced and taught myself how to trade options via books and dvd. Do not have the actual dvd and manual of Pristine but, have watched Oliver Velez DVD and have even attended a free seminar in Las Vegas in one of of the Investor Expos. That said, I have...
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    Pristine Education

    Hi All! I consider myself somewhat experienced and taught myself how to trade options via books and dvd. Do not have the actual dvd and manual of Pristine but, have watched Oliver Velez DVD and have even attended a free seminar in Las Vegas in one of of the Investor Expos. That said, I have...
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    First time writing covered calls

    Chrismontez, I definitely agree. Trading calls and puts should be part of one's arsenal as well as covered calls, vertical spreads, etc. Why should you limit yourself from opportunities out there? A couple of months ago when CROX gapped down, the option for that month went up $2,800 in one...
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    Total for 2006.

    Well, I managed to lose more this year than I made last year!!! Lost $8,000 which is not much have been in the hole since, 2000 with the only positive year in 2005 with a positive $5,000. Have been trying to learn as much as I can in all this time. Good luck to everyone in 2007. Hopefully...
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    I Want To Make At Least 1 Million in '07

    >>>We have seen, so far, that I person says he wants to make 100% and that is totally out of the realm of possibility for those who responded.<<< Actually, making 100% on any given trade is possible. The catch is you can also lose 100% or your money on that trade. I trade options and have had...
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    Is there a free, realtime charting package I can use with Scottrade?

    Has anyone who uses stockcharts.com had a problem with the data? I recently had a problem with two mutual funds which dropped over $2.00 and over $1.63 just the past 2 weeks. The tickers are CRIMX and RGAFX. Previously, those one day drops were reflected on the stock charts for those 2 mutual...
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    trend following delusion shattered

    The fact is, nothing is perfect whether you are using indicators, oscillators, support and resistance, etc. However, I have looked at a huge number of stock charts and come up with just one conclusion. The biggest moves in a stock, mutual fund, etf, options come when there is a definite trend...
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    trend following delusion shattered

    >>>just because this is a trading website, not an investment website, don't be fooled into thinking the methodologies employed by active traders is used by the public - IN GENERAL<<< Those in 401K's usually live by the buy and hold strategy which is flawed in more ways. The last correction...
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    Didnt Barrons say Republicans will win

    The middle class is in a mess because we don't watch what our politicians do. 99% of politicians are no good and the remaining 1% doesn't have enough clout to change anything. For one thing, the middle class should vote for politicians who are fiscally responsible and do not raise taxes left...
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    Venezuelans Pay 12 CENTS PER GALLON for Gasoline

    Yeah, nice motorcycle cars but, what about the trunk? Where are you going to put your groceries, spare tire, etc.?
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    How come George Bush doesnt bomb Iran,they are farther ahead then Iraq in the WMD dep

    >>>Smallfil, doesnt it make you sad that president bush has brainwashed another generation of young kids into fighting a pointless war in iraq.<<< US foreign policy has always been geared towards protecting oil supplies. Take note, I say oil supplies. Liberals like to quote the no war for oil...
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    Any part-time trader here with a proper day job?

    >>>interesting to me that most people on this site are male. none of the males i know are any good at trading. <<< Princesa, Actually, you are a rarity. Tell your husband, he is lucky you have an interest in investing. Very few women trade and the ones that do are very impulsive. I had a...
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    How come George Bush doesnt bomb Iran,they are farther ahead then Iraq in the WMD dep

    Mahram, What do you want the answer you want to hear? You might aswell be talking to yourself. You can read my reply and it clearly states the United States dependence on oil. I couldn't really care less if Iran gets bombed----I am long oil and will benefit from any oil spike as I am sure...
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    How come George Bush doesnt bomb Iran,they are farther ahead then Iraq in the WMD dep

    >>>There has been an embargo against any trade with Iran since the hostage crisis. Any Iranian oil that arrives on US shores is illegal. <<< What they have is a ban on US companies dealing with Iran which a whole lot different than having an embargo. We obviously, use Iran's oil. If not, oil...
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    Time to Short Oil

    libertad, Since you are so sure----why don't you back up the truck? Or are you fully invested on the short side? Heaven help you if you are!!! Oil hasn't run up yet. Wait till this thing gaps up----then, you shorts will be chasing it, just to get out!!! You are right about one thing----this...
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    How come George Bush doesnt bomb Iran,they are farther ahead then Iraq in the WMD dep

    mahram, Iran an Iraq are 2 different animals. That said, I do not rule out the possibility that Israel or the United States might end up bombing Iran's nuclear facilities. However, I do not think it is likely for the following reasons: 1) Iran controls the Strait of Hormuz where those huge...
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    Who had and solved problem of fighting the trend?

    Had this happen to me when I got into an option directional trade (long)----it went down when it should be going up!!! I exited the call option and bought puts against the stock. Option went down (real trend) and I got out in 2 days with a $400.00 profit. That was more than enough to offset the...
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    Which one is feeling worse?

    It depends. Actually, a small loss is okay by me. It means that I am able to trade the right way which is get out when you are wrong!!! What is worst is when I second guess myself and lose discipline and end up with a much larger loss. Sometimes, you want to kick yourself when you get out of a...
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    The Coming Oil Crisis

    >>>In two or three months when the "powers that be" get the price where they want it, you'll be able to buy all the gasoline you want. Just like in the 70s. History does repeat itself.<<< Let me guess. You are short on crude oil. You might as well give us your money. It will save you the...
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