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Ok but you have not contradicted what he said, just confirmed it. What is the point of saying 3-6% per day IS possible but doing it on regular basis is quite impossible as we all have been saying. 100% a day is possible, anything is possible... but 3 to 6% a day is not only unrealistic, it is...

Yes because I have the secret list of all the traders in the world using TA and the ones who are not using TA plus all their audited financial statements so just give me a minute to run some calculations. Funny how someone who cannot whip out financial statements to prove TA can be used to make...

Nothing works 100% of the time which is why you will not find large consistent numbers of TA, FA or Price Driver traders as millionaires. Trading is difficult no matter what tools you use and most traders on here doing well are NOT millionaires from trading. Mostly from running a trading...

Yes it would be great if someone would invent historical data or create price charts that go back 5 years to look at indicators and see if their set ups worked. I keep asking Thinkorswim, OptionsXpress and Tradestation if they could create charts that go back a couple of years where I could put...

You guys still tickling each other's nut sacks over this asinine question of whether TA works or not?!?!?! Who gives a @#$% if it does or does not and anyone who wastes a breath trying to prove one or the other is obviously not a real trader with too much time on their hands to argue over...

Instead of coming here to find someone to tickle your nuts, trade the @#$%ing thing for a few years and see if you make money or not. No one knows better than you whether this will work and the only way to improve it is to trade and see what happens.

If you use TA to make money on analyzing charts, great. If you think it is useless, then do not use it. Discussions to convince 3rd parties of your beliefs are started by people with noting better to do and probably do not trade because it is a useless and time wasting discussion. I do not...

Why is a market heading lower a bad thing for the supposed traders here. Just short the futures, go long VX/VIX and ride the wave of profits. Who cares if it goes up or down just get on the right side of it at some point. Anyone retiring in the next 5 to 10 years should have a small % only of...

It is a "free" 35 cents but since this is an imaginary example it does not really matter. We do not know if he is quoting the actual bid/ask values or last trades or mid values to get his box price and I doubt a market maker is pricing a fee box trade for a retail trader to pick off....

Looks like you are asking how could you have a loss greater than the premium collected from selling naked options? The answer is you understand nothing about options but decided to sell naked options. First ask yourself why you think that when you sell an option your losses are maxed at the...

Only a few people know the reason why but the big firms do not want you to know how it is manipulated and they have been good at shutting down any news sources that try to put the real info out there. I read somewhere the real reason for this sell off is because the Fe

Yes this has hit both real hard and I also bailed in and out deciding if the cash machine was done (capital loss can wipe out any dividends easily). I have been out for a while but MARPS at $5.70 is looking more interest for the life it has left than BPT at $42. If there is oil still in dem...

Depending on the life of the oil field, now is a great time to buy and hold for the long term and collect dividends. I have bought or traded BPT and MARPS for years and you have to treat it like a bond with long term maturity and collect the dividends but get out when oil falls as far as it...

Nothing is absolutely overpriced or underpriced in options, it is only relatively over or underpriced to where it has been priced before (as someone pointed out above). To further correct this statement for trading purposes, YOU have to decide whether it is relatively under or over priced based...

That is a more succinct intelligent way to state what I meant. Thank you.

You ask a great question, which IV is the better predictor. But I have to think that over time the market's estimation of future IV is constantly changing so the snapshot you see becomes no longer relevant pretty fast. Many studies have shown that VIX spikes far great than actual volatility...

Simple, it is best researched and used model out there but many others are used and nobody uses it to price traded options because the price is already dictated by the market just as the IV skews are dictated by the market, NOT the model. B-S is more useful for OTC or unique priced options but...

Black Scholes is a MODEL (let that word sink in for a minute..) based on several assumptions that do not exist in the real world. That should answer all of these questions :).

To paraphrase, SHAK can remain irrational a lot longer than you think are right. Doesn't matter what you think of the burgers, or the fugly shoes (Crox) or donut fad (KKD) or silly language software (Rosetta), the market is only opinion that counts for the moment. If SHAK ends up @ $25 in 1...

1. Feedback is mostly going to be come back when you have more money and experience 2. Posting anonymously in a forum provides 0 pressure. If you do not feel any pressure or desire to be profitable with the tiny account you have over leveraged using fx, then posting here will do nothing more...