It is very well explained here:
http://www.amazon.com/Options-Strategic-Investment-Lawrence-McMillan/dp/0735201978/ref=sr_1_2?s=books&ie=UTF8&qid=1292721736&sr=1-2
While it may be true that many of the more experienced do not want to share their methods, that is far less true in a face-to-face group, since the experienced traders who are willing to share are the ones likely to be in the group. It is a different population than you find on ET or other...
I have belonged to a few of them. Most meetings are not very useful. But occasionally, you learn something really helpful. It is like reading books: you have to read several of them to find any new ideas. But once you find one profitable idea, it makes all the time you spent digging for it...
I think everyone is basically right here. Can you make money with directional trades? Yes. With volatility trades? Yes.
How? In both cases, you gotta guess something right. It is true that all options trades have approximately a zero expectation, ignoring commissions and slippage...
Please don't title this, "Effective medical treatment denied in the US," when the actual case is "Payment for effective medical treatment denied in the US."
These things are available, if you can pay for them.
Do you really expect that everyone can be treated for free for everything...
I think it is commendable that you want to assist the homeless. However-may I offer some medical advice? Do not hang out with them. A number of them have drug resistant tuberculosis. Send them the money, and show your daughter a film.
In a piece in SFO mag by Howard L. Simons:
"It is valued because it is yellow and shiny and largely useless. We essentially mine it for no other purpose than to re-bury it in vaults where it serves as a constant reminder of our inability to create and maintain a functioning monetary system."
Well what kind of stocks do you want? Small growth, large value, or something in between? It is impossible to have a stock picking approach without an overall investment philosophy. You need to tell us how aggressive or conservative you want to be.
The film sounds hilarious.
One day about 15 summers ago, I was taking in the sights of downtown Stockholm. I happened to hear laughter and peeked over a fence to see a schoolyard full of children, aged maybe 7 or 8, playing in the sunshine on the playground equipment, all stark naked. Thank...
First of all, at least get the language right:
America is a country THAT punishes the middle class. (with no hyphen)
Who is stopping people from figuring out how they will provide for their children BEFORE they have them? What a concept--could anyone possibly do a little advance planning?
Do you want to trade something like a covered call? If so, then I assume that your stance is, "I am bullish, but only a little." Then why not trade a spread, say an ATM bull call spread? Buy the 15 strike, sell the 20, for example.
They recently pulled me out of line and gave me the full search when I did not respond to the agent who looked at my ID and said to me, "Ms. Chandler?" He was obviously irritated that I did not immediately answer. So what, now I have to socialize with them, too??!!:confused:
George W. Bush is the one who started this Mars shit. Can we send him first? Maybe he can take a few scorpions from his ranch out there, to start colonizing the place with some fauna.