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Saw him on CBOETV wearing a green wristband, is this a sign of support for Iran's "green movement" or does he usually wear that? Wael Ghonim was wearing something similar during his NBC interview and mentioned later it was in support of Iranian protestors. Najarian is also a common Iranian...

Profit is limited to the credit recieved... or is it? (Screen grab was taken an hour or so ago.. so its obviously not as of right now/whatever IEF is trading at..)

Your off to a good start.. down 50% What was your forecast for GLD? Buying those calls would suggest you expected an above average speedy move up.. Even with lower end IV levels, I would of thought it is not the environment to be buying naked out of the money call options.. although I did buy...

How can I go to one of Don's bamboo cookouts and mingle with the best of em?

Is it tougher to find a successful daytrader or options trader amongst the greater trading population? I think the later. I'm not talking about those that say buy leaps or use options to hedge their stock positions. You just don't really "hear" about them that much (outside Market Wizards books)...

The holy grail is a true understanding of why there is not, nor could ever be a holy grail.

Grab a copy of "Come Into My Trading Room" by Alexander Elder

Nothing personal, but I wouldn't go anywhere near Maurice's course.

Making good money depends a lot on a persons account size and risk tolerence. If your trading iron condors on a retirement account for instance, your not gonna be trading huge size. But that person might be very passionate/knowledgeable about options and can do a very informative class on...

Why don't you attend one of his live trading seminars first to see how he handles live markets, and you get the cost of the seminar deducted from the mentoring if you do decide to take that up, win-win. Apparently he has a very different off-screen persona, there is a youtube video excerpt of...

Hey Gait, Yeah you raise some valid points. I think IC's can still be profitable even if vols go up as long as it isn't a huge move up as the trade would just need more time for theta to do it's bit. If I put on an IC 2-3 months out and vol's go down a fair bit, then I can take off (usually...

How realistic is this for long term success trading options? I've learned a great deal about options for some time now and have been trading iron condors since about June (learned a lot from Mark W's blog, thanks Mark!). Obviously conditions have been ideal and yesterday closed the put side of a...

If a trader buys high delta options with at least 3 months to expiry, then why is it so much difficult to make a profit with options than stocks? Only major disadvantage I can see is bid/ask spread, but as long as the trades have a descent forecasted move then that shouldn't be a huge problem...

Off topic, but whats the best book for volatility in general and skews, etc... natenbergs book is good, but looking for something more focused on vol as used today. Closest I could find is Adam Warner's book, but Amazon reviews (if to be believed) are less than stellar. Plus his blog has about...

I seen worse

http://www.youtube.com/watch?v=9Ek0yuSZl-0 This guy looks like he knows his stuff. I wanna make $30 grand in one hour aswell.. where do I sign up.. The auto trader looks good.. that way I don't even have to turn on my computer

10,000 hours of screen time.

Is there any decent "income" plays presuming WMT continues in the range it's been in for much of the last decade? Although I presume it will breakout soon.. (bought some long dated calls anyhow)

I have a problem with debit spreads mostly, but can justify credit spreads if the circumstances are right.. trading deep in the money options are a better bet IMO if you are good with getting direction right (is anyone?) .. no need to let things DRAG OUT painfully till expiration.. and no 2, 3...

It's easier to "see" support and resistance on larger timeframes, such as weekly charts (obviously because there is less noise..), so practice doing that first to get the hang of it. Then try it out with daily and then hourly charts. For me understanding how to "correctly" see and draw s/r...