"BANG" Option Trading...taking $1,000.00 to $100,000

ddaytrader · Jan 30, 2010

Quote from TheMan:

well i know i wont be the only one sitting on the edge of my seat waiting for this one

thanks CAT

You and me both, bro ... Inky Dinky Doo your thing, CAT!

bAnG!

clacy · Jan 30, 2010

BANG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I've been waiting for this thread to re emerge. What a great start to my weekend!

BANG!!!!!!!!!!!!!!!!!!!!!!!

TheMan · Jan 30, 2010

ddaytrader · Jan 30, 2010

Quote from TheMan:

You can say that again!

increasenow · Jan 30, 2010

is all of this necessary?...can't it all be dropped...I am not being mean or doing anything wrong

spd · Jan 30, 2010

Quote from increasenow:

is all of this necessary?...can't it all be dropped...I am not being mean or doing anything wrong

dude, its funny. calm down.

also, bang.

R. Raskolnikov · Jan 30, 2010

Quote from spd:

dude, its funny. calm down.

also, bang.

erol · Jan 31, 2010

Quote from increasenow:

is all of this necessary?...can't it all be dropped...I am not being mean or doing anything wrong

you seem like you're being genuine, which is cool

but i think your strategy is being interpreted as "unrealistic" in a sense that it is a "get rich quick" strategy, and thus is not being taken seriously

hence the types of replies you're seeing.

I think in reality, to "bang" out these types of trades consistently is very very difficult, and seems unlikely

in other words, your expected value is probably negative (that one time you win will not cover all your losses)

TheMan · Jan 31, 2010

Quote from increasenow:

is all of this necessary?...can't it all be dropped...I am not being mean or doing anything wrong

i am just busting your bawls, bec you change strategies more often than i change women.

carry on young CAT

NoDoji · Jan 31, 2010

Quote from erol:

I think in reality, to "bang" out these types of trades consistently is very very difficult, and seems unlikely

in other words, your expected value is probably negative (that one time you win will not cover all your losses)

The options he's chosen are highly liquid with tiny spreads. Should be no different than trading the underlying except he can leverage nicely and his losses are limited to the premium he pays (or much less if exercises good risk mgmt).

Best of trading to you, Inc! BANG!!!