Most $$$$ is made by selling puts and calls!!!

Quote from bastiat8:

1) you have to have big pockets for naked writing

2) if you are selling naked, there is an almost an unlimited potential for a loss.

3) most people are simply never educated on how to do it.

4) the public is mostly made up of gamblers, who want something for nothing, so they are a lot more comfortable with buying unrealistic hope.
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1. true depending on your definition of 'big pockets'
2. I think you meant to say, "...there is a potential for unlimited loss". false, due to margin call
3. true
4. true
 
Quote from deviltrader:

1. true depending on your definition of 'big pockets'
2. I think you meant to say, "...there is a potential for unlimited loss". false, due to margin call
3. true
4. true
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Your interpretation of number 2 is correct, what I was thinking at the time when I wrote it, is that during a crash or some abnormal market move, you may get stuck before your broker even has a chamce to liquidate you... What do you think?

B
 
Quote from bastiat8:

Your interpretation of number 2 is correct, what I was thinking at the time when I wrote it, is that during a crash or some abnormal market move, you may get stuck before your broker even has a chamce to liquidate you... What do you think?

B
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Geewhizz that was quick. I thought you said (only 4 posts ago) you wouldn't post here again and we all breathed a sigh of relief. And now you're back :confused:. I think you should keep your word otherwise noone here will ever take you seriously again.
Btw your number 2 is only true for naked short calls since the underlying can only go to zero, thus limiting your risk on the naked short puts. And your number 4 is also incorrect since most (read majority) of the public are not gamblers.
db
 
Quote from bastiat8:

I GIVE UP ON YOU PEOPLE!!! MOST OF YOU ARE WORSE THAN THE T.A. CULT! L O L NOT A SINGLE ONE OF YOU ACTUALLY MADE A DECENT POINT! JUST A BUNCH OF SAD SELFEXPRESSION NOT GROUNDED IN REALITY! GOOD LUCK "WINNERS" :) I SHALL NEVER POST AGAIN IN THIS THREAD!

B
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:D :D Hilarious. What have i been missing, not reading the options threads?
Here's a point, none of us have bid on your book, so we can pretty much say what we like:D
Happy bidding:D
 
Quote from acronym:

:D :D Hilarious....none of us have bid on your book, so we can pretty much say what we like
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Looks like he sold the book for $161!

Which, considering that the informational content of the
book is zero, and even to a collector it shouldn't be worth
more than about $75 in untouched condition, is a pretty
good trade on the seller's part.
 
That should be a lesson for you people! There is no fair price in the markets, or rather the right price is whatever the market says it is, and those who argue w/ this basic dynamic of the market place have no business in trading. RESPECT THE MARKET! Don’t' fight it, instead become a part of it and in sync with it!

Happy trading,

B




Quote from Kevin Schmit:

Looks like he sold the book for $161!

Which, considering that the informational content of the
book is zero, and even to a collector it shouldn't be worth
more than about $75 in untouched condition, is a pretty
good trade on the seller's part.
More...
 
Quote from bastiat8:

That should be a lesson for you people! There is no fair price in the markets, or rather the right price is whatever the market says it is, and those who argue w/ this basic dynamic of the market place have no business in trading. RESPECT THE MARKET! Don’t' fight it, instead become a part of it and in sync with it!

Happy trading,

B
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Maybe so, but there are 419 scams offering better value for money. . . LOL
 
Have you read the book? When you do, then, and only then will you have the right to "blow smoke"... Until then, P*** off, ;) Funny how all these 30+ posts, love to offer their completely ridiculous opinions, without any analysis whatsoever... BTW, FYI, 1st) for the RECORD, I have no affiliation with Ross, his company, or any of his partners, 2nd) all of his books can be purchased directly from him with a 100% refund guarantee if you are not happy. So if you do feel that this is a scam you can easily return the product and get your money back. Is this the same for your other "419" better scams??? Like I said, P*** off Clown! And stop wasting other peoples time! For some of us it’s actually worth something!

B





Quote from anti ad hominem:

Maybe so, but there are 419 scams offering better value for money. . . LOL
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Quote from anti ad hominem:

Maybe so, but there are 419 scams offering better value for money. . . LOL
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Yes I know I'm not much better than a 2 bit criminal, but hey at least I don't need to suck dick to make ends meet anymore...:eek:
 
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