My goal is to make at least 30% per month

[Metamega]

Don't think anyone has ever thought of leveraging leverage :/

 

[JackRab]

here's an interesting read for you @marsman

http://sjoptions.com/karen-the-supertrader/

 

[Pekelo]

Don't think anyone has ever thought of leveraging leverage :/

Whoever invented options on futures....

 

[Metamega]

Lol. True pekolo, true.

 

[cornix]

He will continue collect the "profit sharing" from his investor until the sh** hit the fan (which will happen eventually)

He will not blow up, but his "investor" will (If I read the thread correctly, the live trading account is opened under his investor's name). This means IB or whoever broker will after his investor (and not him) if the loss is more than the initial capital.

Indeed, marsman is smarter than most of us here.

Isn't it how funds make money? Gamble with investors' funds?

 

[marsman]

Isn't it how funds make money? Gamble with investors' funds?

And what would be the alternative according to you?
Every shareholder of the fund to trade on its own? And does it then also count as gambling? And what if he/she isn't a trader, hasn't time for trading?...

 

[cornix]

And what would be the alternative according to you?
Every shareholder of the fund to trade on its own? What if he/she isn't a trader, hasn't time for trading?...

No alternative, that's the smartest way to profit from randomness, aka run a casino.

 

[DblArrow]

@JackRab,
Has none of you guys an IB acct to simply try it out yourself?...

Yes. And as pointed out numerous times you cannot use collected premium as margin until the trade is over. Expiration or offset.

 

[cornix]

BTW, unfortunately live fills are much less attractive on IB.

 

[marsman]

BTW, unfortunately live fills are much less attractive on IB.

What do you mean by that? Can you give an example?