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Jrlvnv, As someone who has been attending seminars since, April 2005, I can tell you that a lot of them are worthless. Some are good too. Just got back from the Las Vegas Trader's Expo yesterday 12/17/05. We were there from Dec. 13-16, 2005. Did not attend the paid events which cost around...

DonnaV, Was just at the Las Vegas Trader's Expo Dec. 13-16, 2005. I just got back this morning. My friend attended the Think or Swim "free" seminar by Tom Sosnoff. Impression she got was he was trading like crazy or high on steriods and ended up after all the trades just ahead $25.00...

Rob on Business, Just got back from Vegas for the Trader's Expo. Me and my friend was there December 13-16, 2005 and just got home this morning Dec. 17. It was okay and a huge number attended. Lots of sales pitches and some good "free" seminars too!!! SIRI is going down because the radios...

Rob on Business, ISE is down slightly. I think based on the charts----it should go higher. Remember the no guarantees thing? If it stays negative today----I believe it would go lower. That is just the thing----we all have to adjust to the stocks as it trades and not the other way around. I...

Rob on Business, I use the term "without guarantees" because even if you analyze stocks and feel that you have say a 80-90% chance of being successful----the other 10% can still wack you!!! XTO is the the example. We (me and my friend trade the options (puts, XTO MI) on a 3 to 5 day swing...

Rob on Business, Looking at ISE's stock chart, it seems headed up after 4 losing days. No guarantees on anything though. I had 5 contracts on XTO MI and reversed course and sold this morning and sold at $2.10 (bought it a $2.30 yesterday). That is about a $100.00 loss. XTO went up over a...

AlexJ, Having attend a whole bunch of seminars, preview (free) as well as the actual seminars. Not all of them are worth the money you pay for them!!! Wizetrade, 5 Star Trading (huge sales pitch on supposed actual seminar), 4X Made Easy all a waste of money!!! To be fair, I have not attended...

Optionpro007, Thanks. I have not used the major indices and based my decisions on the stock charts and technical indicators alone. I'll definitely look into that aspect of analyzing my options trades. I am still working on my entry point and I am probably off in my timing as far as longer...

Trying something somewhat different in 3 to 5 day swing trades. What is amazing is the high degree of accuracy. Traded XTO AH and made $500, GM LX and made $200, XQN AD and made $125, went the opposite way and traded XQN MD and made $400 all in the span of around 2 days on average. My long term...

It is a first for me as far as Investing Expos go so, I am not sure what to expect. I have attended the car show at the Los Angeles Convention Center so, I would assume it is something similar but, geared toward investing. That is trading software, brokers, expert traders giving seminars for a...

Rob on Business, Yes. I do have a lot more trades nowadays. Not all of them are the same though. I have longer term trades and shorter term trades. Shorter term trades seem to be working better for me at this time. The good thing about them (shorter term trades) is I have them only for 3 to 5...

Rob on Business, Nice to hear your trade on BBY. Sold out of NUS XW and ate up $550 loss. Did okay last week on XTO AH made $500 in 2 days and GM LX made $200 in 1 day. Shorter term trades seem to be working better for me. Also made about $200 on QQQQ and EWG (slight loss) for my 401K...

Rob on Business, I would like to suggest George Fontanills, The Options Course, 2nd edition. Make sure it is the 2nd edition as the 1st edition is thinner. Also, attend that "free" preview seminar of Investools. You might decide to attend that seminar then. I know if you spend $3500 on...

I'll put my options play so others can see. Quite new to options having started trading options just May 2005. I am long NUS XW (NUS Dec. 2005 $17.50) put, @ $1.30 per contract. Losing on this one despite all the analysis. Also, long UGO MC (SGTL Jan. 2006 $15.00) put, @ $2.00 per contract...

Not knowing anything about options cost me plenty in the market meltdown of 1999. Now that I know about options, I trade both calls and puts and have made money doing both. My best trades have been on UAI KH, UST MH, XTO AH and last and best one was on IRF MG. UAI KH (ANSI) was bought out. I...

dvshucks, I would rather be Trader A who has a win/loss ratio of $11 to $1 versus Trader B who has a win/loss ratio of $3/$2. All Trader A has to do is increase his number of contracts and voila, his gains will be huge!!!

Multioption, I think if one is entirely depending on luck, you would not last very long trading options or stocks for that matter. As for my trading, I think I am using a sound basis using technical indicators after analyzing a stock fundamentally. Has luck factored into my trading? I guess...

Quote from qiuniu: This somewhat confirms some of what I've been reading in Gary Smith's book. He doesn't use any techinal indicators just market sediment. He's a very sucessful trader who has only had two losing months since 1985. I am seriously considering adjusting my entry/exit. Still...

Developer17, I still cannot understand why the broker would allow you to trade options in your IRA. I have a self-directed IRA and all I could trade on it was covered calls which I decided not to apply for. So, I am stuck trading stocks, ETFs and mutual funds. Consult a lawyer. I would...

Marketsurfer, It is always more exciting to be aggressive and if you have a system which has shown profitable long term then, by all means attack!!! However, if you are just starting out and still trying to minimize your mistakes like me----slow but, sure is best!!! I have a friend who was...