Prove to me that Technical Analysis Works.

[easymon1]

become a multi-millionaire in the market in under a year, with options/leverage of course.

-- options transactions and techniques, vital

MacBoo, Besides the primary requirement of effective position sizing, What would you say are
some of the vital options transactions and techniques that are necessary for the trader to
master in order to accomplish the result you speak of in your post above?

A) Let's assume that the first requirement is an effective level of Product evaluation expertise (e.g.in your example - on the broad market, the S&P.) - so Lets Focus on Trade Execution under the following Premise..., under a hypothetical trader with demonstrated consistent top performance among his top performing peer group during all market cycles, etc, etc, etc... And whatever else you need to add in order to confer this status on our hypothetical Perfect Trader, and Lets Focus on Trade Execution under that Premise...
B) Options transaction expertise
MacBoo, What would you say are some of the vital options transactions and techniques that are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

If you are able, please segrate any preaching and self aggrandizement from the answers to questions 1), 2), and 3).
We are aware of how large and great you are.

... the answers to questions 1), 2), and 3) please?

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

Options Strategy Guides

>

 

[MacBookProHo]

options transactions and techniques, vital

What would you say are
some of the vital options transactions and techniques that are necessary for the trader to
master in order to accomplish the result you speak of

1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

The only way to make money, or real money, in the market is with precise timing with options. Stock trading is training wheels day, it's steady and cute....but won't get you anywhere serious.

Understanding, hypothesis, assumptions, expectations, and process are all vital for a successful trade.
So many traders trade blindly off of basic past support/resistance levels, and useless surface indicators. None of them are successful.


The best things take considerable time, devotion, observation and understanding, questioning and dissecting to learn. If some process is "easy", and common...it's useless and unreliable in the actual, every day, real world.

The most productive thing is expertise and wisdom and common intelligence.... not someone who is guessing, gambling, spinning their wheels getting nowhere looking for an instant handout.

Safe.....what's that? If you want safe....invest in a sleepy senior citizen mutual fund, or certificate of deposits, bonds.
Risk, or high risk, usually is a dirty word. But it doesn't necessarily have to be, in the right hands.


I wish I could actually be more specific, detailed, precise and actionable -- but I am not giving away my Holy Grail of how to trade the S&P daily/intraday successfully, reasonably.

 

[Illini Trader]

You should really just focus on the broad market, the S&P.
Digest the S&P, lust over the S&P, dig deeper into the S&P, be a therapist and psychologist of the S&P,

Forget individual companies....they can potentially be too erratic, and have land mines in various places that can set you back.

I sound like a broken record, but if someone can reasonably trade and understand the S&P daily....they can become a multi-millionaire in the market in under a year, with options/leverage of course.

I have come into agreement that that. I have been trading options on 20 of the usual suspects, AAPL and friends, but for the most part they follow the S&P so I have multiple positions to exit in a hurry some times. However TSLA I think is still worth keeping an eye on. But all in all it might not really add anything if I can get consistent on SPX.

 

[easymon1]

The only way to make money, or real money, in the market is with precise timing with options. Stock trading is training wheels day, it's steady and cute....but won't get you anywhere serious.

Understanding, hypothesis, assumptions, expectations, and process are all vital for a successful trade.
So many traders trade blindly off of basic past support/resistance levels, and useless surface indicators. None of them are successful.


The best things take considerable time, devotion, observation and understanding, questioning and dissecting to learn. If some process is "easy", and common...it's useless and unreliable in the actual, every day, real world.

The most productive thing is expertise and wisdom and common intelligence.... not someone who is guessing, gambling, spinning their wheels getting nowhere looking for an instant handout.

Safe.....what's that? If you want safe....invest in a sleepy senior citizen mutual fund, or certificate of deposits, bonds.
Risk, or high risk, usually is a dirty word. But it doesn't necessarily have to be, in the right hands.


I wish I could actually be more specific, detailed, precise and actionable -- but I am not giving away my Holy Grail of how to trade the S&P daily/intraday successfully, reasonably.

MacBoo, You did not answer the question.
Again:
What would you say are some of the vital options transactions and techniques that
are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

 

[Illini Trader]

MacBoo, You did not answer the question.
Again:
What would you say are some of the vital options transactions and techniques that
are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

easymon, I think He has already told you that you are dipping into his holy grail and that is not forthcoming.

 

[easymon1]

easymon, I think He has already told you that you are dipping into his holy grail and that is not forthcoming.

Are you Overnight in disguise?
Of all the 'experts' on ET, MaxBoo is the last one that needs you to speak for him.

There is no way that those answers endanger anybody's edge buddyboy.

The only way to make money

MaxBoo? Respond please or must we conclude that we have hit bottom of your claimed 'expertise' by simply asking a generic question which you have never demonstrated a shred of mastery nor knowledge about.

MacBoo, You did not answer the question.
Again:
What would you say are some of the vital options transactions and techniques that
are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

MaxBoo says - "One Million Trading Profit in less than a year is very feasible"
Tell us something we dont already know sweetiepie. lol

But first, just answer the three generic questions above.

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

 

[MacBookProHo]

1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

All of those classical, textbook, common, generic, traditional, typical trading strategies are Completely meaningless and will deliver no profit....if the trader absolutely knows nothing about the future, or has no reasonable, logical, expectation of the future.

A trader wants to minimize or eliminate the guessing, gambling aspect....and control and understand the elements and variables within a fixed game time of the trade to his advantage.

In my personal opinion, this is best done on a daily/intraday basis. Anything beyond the day, week, months ahead....turns into an uncontrollable storm of way too many unknowns beyond your control, and the trader then flies around aimlessly just hoping and praying. At this point, the game has essentially been lost.

 

[easymon1]

All of those classical, textbook, trading strategies are Completely meaningless and will deliver no profit....if the trader absolutely knows nothing about the future.

Yes we know, but what if he does, then answer the question...

--
MaxBoo? Respond please or must we conclude that we have hit bottom of your claimed 'expertise' by simply asking a generic question which you have never demonstrated a shred of mastery nor knowledge about.

MacBoo, You did not answer the question.
Again:
What would you say are some of the vital options transactions and techniques that
are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

MaxBoo says - "One Million Trading Profit in less than a year is very feasible"
Tell us something we dont already know sweetiepie. lol

But first, just answer the three generic questions above.

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

 

[Illini Trader]

Are you Overnight in disguise?
Of all the 'experts' on ET, MaxBoo is the last one that needs you to speak for him.
MaxBoo? Respond please or must we conclude that we have hit bottom of your claimed 'expertise' by simply asking a generic question which you have never demonstrated a shred of mastery nor knowledge about.

MacBoo, You did not answer the question.
Again:
What would you say are some of the vital options transactions and techniques that
are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

MaxBoo says - "One Million Trading Profit in less than a year is very feasible"
Tell us something we dont already know sweetiepie. lol

But first, just answer the three generic questions above. There is no way that those answers endanger anybody's edge buddyboy.

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

Now easymon, calm down a bit --- 'sweetiepie' and 'buddyboy' are not going to endear cooperation from anyone. Macbook clearly understands what a trader ideally is suppose to do for maximum success. He speaks well and is interesting to talk to but I have concluded that he might not even trade. He uses Google Finance for chart posting and not a Trading Platform with more tools.

Plus the real proverbial nail is that he will not document one single instance of his making a trade that he claims to have done. His daily pontification of "enter here and exit about here" are just too good to have been done in real time consistently.

Posting a trade is not going to give anything away since he has already given us the trade. Since he refuses to document and ignores the request the only conclusion is that he does not make the trades.

 

[easymon1]

Now easymon, calm down a bit --- 'sweetiepie' and 'buddyboy' are not going to endear cooperation from anyone. Macbook clearly understands what a trader ideally is suppose to do for maximum success. He speaks well and is interesting to talk to but I have concluded that he might not even trade. He uses Google Finance for chart posting and not a Trading Platform with more tools.

Plus the real proverbial nail is that he will not document one single instance of his making a trade that he claims to have done. His daily pontification of "enter here and exit about here" are just too good to have been done in real time consistently.

Posting a trade is not going to give anything away since he has already given us the trade. Since he refuses to document and ignores the request the only conclusion is that he does not make the trades.

Seriously, is this Overnight in drag? lol.
MaxBoo is a big boy and can speak for himself.

Who the hell are you to chirp up and deduce that Max has no knowledge of Option Trading?
He may be on par with the best.

Lets go see. Doesn't take much to get to the bottom of it.
ILlin' Relax, have a homebrew.

--

All of those classical, textbook, common, generic, traditional, typical trading strategies are Completely meaningless and will deliver no profit....if the trader absolutely knows nothing about the future

Yes, we know, but what if he does?

MaxBoo? Respond please or must we conclude that we have hit bottom of your claimed 'expertise' by simply asking a generic question which you have never demonstrated a shred of mastery nor knowledge about.

MacBoo, You did not answer the question.
Again:
What would you say are some of the vital options transactions and techniques that
are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

MaxBoo says - "One Million Trading Profit in less than a year is very feasible"
Tell us something we dont already know sweetiepie. lol

But first, just answer the three generic questions above.

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388