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thebinaryoptionsexperts run by a chap, Duane Cunningham who proports to have been mentored by one of the original market wizards. LOL see his youtube videos.. this guy is slick!

Well I'm a retard, totally missed the quote in bold.. why do I always ignore stuff written in bold..hehe.. RIP George.

Oh yeah, remember seeing that video years ago.. listened to the tapes before then.. yeah he was pretty huge. Guess he should of stuck with high intensity day trading instead of sitting on the couch trading leaps and condors. Anyway RIP, dude.

FB page is gone.. so how did he die? Did a Condor bite his head off? Nah seriously.. I downloaded the optionetics series several years ago and while it was definitely just rehashed basics for lazy ass people, George and the other guy were pretty funny and did well keeping things from getting...

What about Bill Williams?

Fontanill's died? Well RIP in that case, but I agree to stay away from the so-called guru's raving on about how you can make money 'no matter what the stock does'.. only your broker and these edu salespeople make money from that racket.. calendar condors, butterfly this that and the other. I...

Can't see why not. 500 doesn't seem far away. Happy trading

I would have to agree. OP, investigate LEAPS and selling naked puts which are both very viable and potentially profitable for the retail trader

Many of those choices are (for the most part) irrelevant or going to bore the OP to death, or possible be over their head unless they are heavily interested in statistics or advanced mathematics/modelling.. OP: try "Rookies guide to options" by Mark Wolfinger. His website has posts going...

get out when the edge is gone

"I have never in my life met a person who built equity buying options" - Alexander Elder

Unfortunately here in Australia we have more than our fair share.. we'll start off with none other than "Aussie Rob" with an ultra simple moving average system that anyone can understand, even the yokels that are impressed by his retarded get up.. <iframe title="YouTube video player"...

That guy needs to be shot in the face.. But seriously.. I thought folks in Singapore were among the brightest and most successful in the world.. amazing there are so many starry eyed idiots staring at some slum dweller on stage pouncing around like a wanker. Great thread BTW

Yep it's a long road yet.. Obviously an options strategy like a spread can involve multiple individuals. I mean some guys bought the put I've sold and I've also bought a put off another bloke.. both guys with completely different intentions, outlooks, and strategies. Sorry I'm still trying to...

Ok so on the 02/02 I entered two options trades on underlying stock ESRX. From a technical standpoint I am bullish on ESRX and believe it will reach at least $90 by March. Trade 1: Bought 1 MAR10 90 Call for $2.00 That call is now worth $1.91 Trade 2: Entered a bull put spread by...

Yep. Good point, also there is no guarantee whatsoever that you can succeed or make a living as a trader or in any other business related venture. If you train to become a draftsmen, get the necessary skills/certificates, etc. Then get a job, turn up for work everyday, you'll get paid, that's...

I guess it boils down to whether or not they are trading their own hard earned capital. Sure give someone a comprehensive trading plan with entry/exit signals, position sizing, and everything else, and away they go. Drawndowns on somebody elses money (be it virtual money or the company's money)...

Plenty of decent info on youtube by folks that don't spout crap or try to pick your pocket, I like these: http://www.youtube.com/user/InformedTrades (they have a forum aswell.. ) http://www.youtube.com/user/AirelonTrading http://www.youtube.com/user/TraderBrian That ought to get the...

Lot of great info there, thanks guys. I guess it really does boil down to whatever your comfortable with. Right now I'm doing both side by side on my virtual trade account and I guess that's really the only way to know for sure. No one can tell you how you should be trading, whether that be...

At the moment I'm trying my hand at options spreads and am finding that it isn't fitting into my trading style as well as I would have liked. I mean a credit spread for instance, will profit if the underlying goes up or stays where it is or even goes down a bit, right? Why would anyone even be...