Pretty sure everyone thinks your the prick ZZZ1, add me to ignore aswell pls.
Introduction and backround. I think I have a good backround to have success
- Thread starter smallcapgrowth
- Start date
Pretty sure everyone thinks your the prick ZZZ1, add me to ignore aswell pls.
honesty hurts sometimes, yes I know...I only add some of the lowest lowlifes to my ignore list. I have not come across yet too many posts of you, so I have no opinion of you. Let's leave it at that.
I have zero interest in people that judge others, especially when they drop as low as being a spelling / grammar natzy.
Why a "redneck"? How do you know what his race is?
There is no nationality attached to a redneck. It describes someone's intellect or rather lack thereof.
You sound like one of those "rednecks".
lol, and why is that? Child logic? "Because you call someone x you are x yourself. Baaaaa".
Rising above the "ET Family Fights" and back to the original request for guidance, here is mine. Since you leave the casino with 1.2M you understand their edge and you can acquire that "casino edge" in the market by selling option premium. Learn to sell iron condors between 1 and 2 standard deviations of the expected option move to its expiration and you will make a fine living and not ever have to go back to work.
Selling option premium has been given a bad rap by some because on any one individual trade it does have a poor risk reward relationship but your risk is known and can be mitigated by adding a debit spread on the side of the position that might get into trouble. This could even enhance the profit on the trade if the underlying stabilizes as you could still get full profit on the vertical spread that you sold and a profit on the debit spread.
Of course you can also close the leg that might get into trouble at any time. You do not have to take a max loss on a trade. In any regard the vast majority of your trades will expire worthless thus rendering full profit to you for your sale.
If you really do not need the excitement of the casino or trading, and do just want to avoid having a regular job with a boss so you can stay put and begin to think about a wife and family, then this will do it for you.
If you "must" give "trading" a try, then open up a futures account with 10K to trade ES and amuse us with how fast you lose it. It will take longer to learn to trade than it did to count cards.
Of course it's as easy as that (not). Stupid investment banks, stupid hedge funds, stupid analysts, stupid hft firms. How could they miss such obvious strategy approach. Life can be so easy, but seems those market professionals like to make their life particularly difficult.