Buying calls for a living and arguing with derivman

Quote from A Dashing Blade:

Confusion raging in ADB Mansions at the moment, thought the subject of this thread was the coffee market?

(btw, has Derivman answered a direct question yet?)
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My Dear A Dashing Blade. I do not want to be told by the moderator again that I am stirring up trouble for Elite members. Here I am, doing as I was asked to do by the moderator, and now the same people are attacking me again. I really can't understand why you are doing this to me. Is it the questions I am posting. Is it because I have a veteran Options trader as a mentor. Is it because I say what it is on my mind. Please tell me, for I am racking my brains to come up with an answer, and I can't. If this continues, then I will have to take a break and reflect on what I am doing and where I am asking my questions. This is not easy for me, and some of you are making it very hard. Please back off and leave me alone. Cheers.
Derivman
 
Quote from A Dashing Blade:

Confusion raging in ADB Mansions at the moment, thought the subject of this thread was the coffee market?

(btw, has Derivman answered a direct question yet?)
More...

My Dear A Dashing Blade, the title of this thread is "Buying calls for a living". Coffee is but one market that you can buy calls in. I thought that you had this thread, or me, on ignore. Why then are you coming back here disrupting the posts. You must see some value here, otherwise you would not be back here. I am sure that if you stay, you may well learn something of value. Cheers.
Derivman
 
Quote from atticus:

You made a statement on that FXStreet thread regarding the ability to construct a position with the potential for "unlimited losses and unlimited gains", which is wholly inaccurate. Who's the bigger idiot, you or your mentor?

http://www.fxstreet.com/forum/showthread.php?t=123
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My Dear atticus. You again persist with these silly accusations. I will however, in the spirt of good tradermanship, look up this link and revert to you again. Cheers.
Derivman
 
Quote from Derivman:

My Dear atticus. You again persist with these silly accusations. I will however, in the spirt of good tradermanship, look up this link and revert to you again. Cheers.
Derivman
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I didn't address you by name, so I'll assume this is a tacit-admission that you are "Optiontrader/bulldozer/CYOF" among the 40 or so aliases you're running. Must be a logistical nightmare to pump citybulls under all these aliases.
 
Quote from Derivman:

My Dear atticus. You again persist with these silly accusations. I will however, in the spirt of good tradermanship, look up this link and revert to you again. Cheers.
Derivman
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Atticus, is this the post you were referring to at that site?. Cheers.
Derivman


http://www.fool.com/FoolFAQ/foolfaq0055.htm

Basically, options offer the potential for big percentage gains AND 100+% losses on your money (you can lose the total premium plus the commission). They can be seductively appealing because they present the possibility to make "the big score." Unfortunately, the reality is that a whopping 80% of options traders lose their money. And, while technically not considered "gambling," the everyday Fool doesn't stand a chance. Here's why. . .

The most daunting reason not to play with these beastly creatures is the simple statistic---80% of all players lose. Period. No arguments. No contests. Now, there is always one enterprising young Fool in every crowd who intends to be part of the special "20%" who actually make any money. What hurdles must he or she overcome? In order to hit the jackpot at the casino, the Wise man must pull 7-7-7, right? Well, making money in options is like those three magic numbers. For ease of discussion, we'll call each "7" a different name. These three factors are "time," "direction," and "magnitude" (reminds you of high school physics, no?).

Full article> http://www.fool.com/FoolFAQ/foolfaq0055.htm
 
Quote from Derivman:

Atticus, is this the post you were referring to at that site?. Cheers.
Derivman


http://www.fool.com/FoolFAQ/foolfaq0055.htm

Basically, options offer the potential for big percentage gains AND 100+% losses on your money (you can lose the total premium plus the commission). They can be seductively appealing because they present the possibility to make "the big score." Unfortunately, the reality is that a whopping 80% of options traders lose their money. And, while technically not considered "gambling," the everyday Fool doesn't stand a chance. Here's why. . .

The most daunting reason not to play with these beastly creatures is the simple statistic---80% of all players lose. Period. No arguments. No contests. Now, there is always one enterprising young Fool in every crowd who intends to be part of the special "20%" who actually make any money. What hurdles must he or she overcome? In order to hit the jackpot at the casino, the Wise man must pull 7-7-7, right? Well, making money in options is like those three magic numbers. For ease of discussion, we'll call each "7" a different name. These three factors are "time," "direction," and "magnitude" (reminds you of high school physics, no?).

Full article> http://www.fool.com/FoolFAQ/foolfaq0055.htm
More...

I never posted any link to fool.com, but fitting in your case.

Here it is... finally. The long-awaited reference to your 80% lose statistic.

Chiguy -- I think this is strong circumstantial evidence that derivman is indeed CYOF. I will respectfully request that this thread die a lonely-death in chit chat.

Let's make it a petition -- all of those in favor of moving this to chat, type "aye".
 
Quote from atticus:

I didn't address you by name, so I'll assume this is a tacit-admission that you are "Optiontrader/bulldozer/CYOF" among the 40 or so aliases you're running. Must be a logistical nightmare to pump citybulls under all these aliases.
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My Dear atticus. You can assume what you like. We have gone through this silly routine many times now. It is obvious that you were addressing the post to me, Derivman, as your pervious post to me had exactly the same site mentioned. I might be a little confused with all the posting that is trying to get me post off topic, but I know when a post is addressed to me. If you care to reply with the name of the person to whom you are posting, as I do, then this will avoid any further confusion and time wasting. Also, please stick to the topic and stop this silly childish antics. Cheers.
Derivman
 
Quote from atticus:

I never posted any link to fool.com, but fitting in your case.

Here it is... finally. The long-awaited reference to your 80% lose statistic.

Chiguy -- I think this is strong circumstantial evidence that derivman is indeed CYOF. I will respectfully request that this thread die a lonely-death in chit chat.

Let's make it a petition -- all of those in favor of moving this to chat, type "aye".
More...

My Dear atticus. You are now gone completely mad. What the hell has got into you. You are like a raging lunatic. I am sorry if my questions are too difficult for you, but to resort to trying to get a thread shifted, just because you can't respond to the questions that are put to you, is to say the least, ridiculous. You have made a big fool of yourself, and I did not intend that to happen. I feel sorry for you, indeed I do. Cheers.
Derivman
 
Quote from atticus:

I didn't address you by name, so I'll assume this is a tacit-admission that you are "Optiontrader/bulldozer/CYOF" among the 40 or so aliases you're running. Must be a logistical nightmare to pump citybulls under all these aliases.
More...

Atticus. Is this the post you were referring to. After all, there is only 10 posts on the link you posted, so how am I supposed to know which one. Do you want me to post them all here? Cheers.
Derivman

http://www.fxstreet.com/forum/showthread.php?t=123

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Plz remember that the PUT WRITER has THREE to ONE advantage to the buyer! These advatages are as follows:~

1. If mrkts go up ? THE WRITER WINS!

2. If mrkts goes sideways? THE WRITER WINS!

3. If mrkts go down but does not go below the writen strike ie OTM strike! THE WRITER WINS!!!!

4. The PUT buyer only wins if the mrkt goes BELOW the purchased strike and it must go LOWER to cover the cost of the premiums paid! in otherwords lets say the strike is 5825 and mrkts are trading at 6025 and the premium is 25pts [£250]Footsie must drop below 5800 at xpiry for the buyer to make a profit. If footsie xpires ANYWHERE ABOVE 5825 THE WRITER WINS ALL THE PREMIUMS PAID BY THE BUYER AND THE CONTRACTS XPIRE WORTHLESS!
FOR EVERY POINT THE FOOTSIE IS BELOW THE STRIKE [5825] THE WRITER GIVES £10 PER POINT TO THE BUYER. SO, IF FOOTSIE XPIRES AT 5820 THAN THE BUYER ONLY GETS BACK 5 POINTS FROM HIS PREMIUMS PAID AND HE WOULD INCURE A LOSS OF 20 POINTS TO THE WRITER! WRITER WINS 20 POINTS!

OT
 
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