George Fontanills/Optenetics

Save your money. Here is how you can learn options.
1. Buy , read and MASTER these books in this order.
Mcmillas,Larry-options as a strategic investment
Natenburg,Sheldon-don't know the titles but he has about 3
Cottle, Charles -woulda,coulda,shoulda

2. Open a small account with IB or others that charge per contracts not per trade.

3. Trade different strategies w/ 1-2 lots, catalog and document the ff. upon entering and exiting your trades- underlying price , implied vol levels, hist vol levels, vol levels relative to HV, vol levels relative to itself. Out of 20-50 trades, weed out the winners and losers, find the common factors for the losing trades/winning trades.
4. Rinse, lather and repeat the winners.

That is your course. You just saved yourself $3000.

Hope this helps. Coming from a floor trader in zoft commodity options for 5 years. So I know a little bit about it. And whatever I don't know I ask my friend Beck he is at yahoo.com under options.
 
Ditto Gatrader. Reread these books about five times each, so you can cram them into your head. It goes a lot easier on the fifth time.


Gatrader: You traded Beans on CBOT? Do you I know Dean Berkiel or Aka Taz?
 
I am on my 3 re-read of Cottle my head still hurts from the 2nd. I traded sugar, coffee at the NYBOT (then known as coffee sugar, cocoa

Thanks
 
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