Search results

I would add here: Yes, but. It is quite possible to make 10% per month with several types of trades. John is saying that such trades are always going to be very risky, and he is absolutely right about that. But, it is fine to participate in these types of trades, once you understand them...

Well their e-mails are in the abstract. Why don't you write to them and ask them for it?

Is your job such that you can work afternoons and evenings instead of mornings and afternoons?

I wonder which side of the puts trade Goldman was on? :D

I tend to divide things in my brain into directional and nondirectional. The various markets are either going to assume a direction or not. If a market does assume a direction, it may be either direction--the right one or the wrong one. In almost all months, I have some nondirectional...

Thank you

Since I'm neither in the business nor want to be. But I hear people talk about "buy side" and "sell side"--what do these mean? thanks in advance

I surf a Yahoo options group which is much kinder than this forum--they have a moderator from hell who puts up with no guff and is very helpful to newbies. In fact, several people on there are very helpful to newbies. Yet the same newbies post the same stuff over and over again. One newbie...

The reason I don't post my systems here is because there are so many people on these forums who need their rabies shots. No matter what people write on here, there are always those who want to tell them that it can't be done, they had better stop doing it, it won't work, they are idiots or...

I have noticed that a lot of people think they know what is going to happen next from looking at a chart or reading about the fundamentals. They decide what "has to" happen. The truth is that none of us knows what will happen. We guess. And the way people handle themselves when they have...

Third world, hell. Amost anywhere else. I have spent two hours in a bank in Greece trying to change money, and I once spent two days trying to wire money from Los Angeles to a bank in Madrid, including about two hours of getting glared and barked at by the people at the receiving bank...

Short 1 OTM put Long 2 farther OTM puts Long 100 shares

Agree, but --go for five million. Not that much more money. The peace of mind is worth it.

Thanks for your replies all, but... I'm still waiting for someone here to tell me they are a real economist....

I don't know if there are any lessons--if there were I would be happy to share them, but I am still figuring it all out myself. I managed to squeeze out a few bucks. I know that's just the way it is some months--you are up and then it goes flat on you. Maybe I am just being a big baby...

Who are these Democrats who think the economy could collapse? Most of my friends are Democrats, and I don't know any of them who think this way. They are all completely naive. They were all kicking and screaming over TARP. None of them could seem to comprehend what a run on the banks or...

I did buy such a stock once, at $30. Sold it at $15. It went to zero thereafter. BTW, it was highly recommended by Morningstar, the worst stock pickers in the whole goddamn world, for most of that time.

Everyone has experienced emotional trauma. That seems irrelevant. The guy sounds like a narcissist.

If you are a card-carrying economist and you are able and willing to recommend a book or books to me, please respond here or PM me and I will explain what I am looking for. No wannabe economists, please--only the genuine article. thanks

3/4 of my nice profit for the last three weeks on my flies and straddles just evaporated. Blue chip bull spreads and short euro hanging in there, but not enough in those to offset this mess very much. Guess I'll bail out of this stuff tomorrow one way or the other--getting uncomfortably close...