option trend snake oil

newwurldmn · Dec 4, 2014

Wanna trade systems?

Soon2Bgreat · Dec 4, 2014

newwurldmn said:
Wanna trade systems?

So you're trying to systematically trade systematic trading systems? I like this system.

newwurldmn · Dec 4, 2014

We should pitch it to a fund of fund of funds.

galvinlee888 · Dec 4, 2014

newwurldmn said:
We should pitch it to a fund of fund of funds.

Why bother to collect the 2% fee if you can make trillion ?

darwin666 · Dec 6, 2014

stock777 said:
most here dont even have a first income, panhandling and food stamps dont count

HA HA... this was funny....

darwin666 · Dec 6, 2014

stock777 said:
don't you know, 90% of all options expire worthless. Selling options is a stream of income that will provide you and your loved ones with a high standard of poverty.

TRUE but if you are on the wrong side and LEVERAGED, the 10% which dont EXPIRE WORTHLESS will make you EXPIRE..

galvinlee888 · Dec 7, 2014

darwin666 said:
TRUE but if you are on the wrong side and LEVERAGED, the 10% which dont EXPIRE WORTHLESS will make you EXPIRE..

Why not you mentioned this to the Supertrader Karen ?

By the way, I am sure she is much richer than you ?

wwatson1 · Dec 7, 2014

Im sure she is much richer than you aswell and am sure she doesn't just sell options to make that money

galvinlee888 · Dec 7, 2014

wwatson1 said:
Im sure she is much richer than you aswell and am sure she doesn't just sell options to make that money

She is much richer than me and most of the ETes here, even if she is not rising monies from other investors. I believe she has a much higher % return than most ETes here that follow the classic trading approach (most of them are actually broke after taking into account commission and slippage).

My point here is you need to think out of the box. This is where the edge come from.

darwin666 · Dec 8, 2014

galvinlee888 said:
She is much richer than me and most of the ETes here, even if she is not rising monies from other investors. I believe she has a much higher % return than most ETes here that follow the classic trading approach (most of them are actually broke after taking into account commission and slippage).

My point here is you need to think out of the box. This is where the edge come from.

ha ha. yeah buddy...i grudingly agree.. the only folks making money are the brokers. they always win..
just like the casino- the house always wins.. Karen is aka like a astute Poker player who is managing her highly leveraged naked positions and getting away month after month.. even though her idea is well documented, the devil is in the details and not easy to replicate - u need discipline( which most ETs lack. including me)