Day Trading stocks with Infinite Funds, controlling the market

Thanx for your kind words 'Dro.

Fx, I was once a young cocky trader as well. Despite my early self-confidence, I knew that listening to older, more experienced successful traders had much value. How old are you kid, 22?
Talking without listening is a serious shortfall.
 
Quote from Rearden Metal:

Hey smartass: Not only did I know it was a scam all along, I shorted the shit out of the OTM calls that Friday and covered the next week. <b>And</b> I posted the trade in real time on ET.


http://www.elitetrader.com/vb/showthread.php?s=&postid=743717&highlight=hon#post743717


"05-06-05 02:16 PM

Short HON May 40 calls, ave price: $0.53
Short HON May 42.50 calls at $0.25

Has anyone ever seen a stock run up on a Friday on takeover rumors, and actually announce the merger on Monday morning?
In ten years of trading, I can't think of a single example.

Once again, Joe public is dreaming of winning the OTM call option lottery... and I'm right there, selling him the tickets."
More...



:D
That shut him up.
Nice trade by the way...:)
 
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