Question for the experts, please

Quote from Put_Master:

Of course. Everybody here has the capacity to do things I can't.
But I have no intention of trying more complex, more risky, lower probability, or more leveraged trades,... just because I see others doing them.

You stated.... "I have awesome respect for anyone who regularly is profitable trading options."
Really?
Because you should actually save that "awesome respect" for non option traders who are regularly profitable.
Making regular profits with options, is a lot easier than making a profit without them.
If you don't realize that, you really should be sticking with the more basic option strategies, before moving on to the more complex ones.
Just because a trade is more complex, doesn't make it a better trade, or one with a higher probability of being successful.

You may have noticed, not many traders tend to share their more complex trades in "real time".
There could be a reason for that.

Show me where I said I planned on doing anything but keeping it simple. I respect cliff divers, too, but have no intention of throwing my ass over a ledge.

I asked one simple question, gave one simple compliment, and you turned it into a treatise on options.
 
Quote from neke:
Yeah, the 10% you are wrong might be the 13-bagger loss like I had on GOOG the week ended 5/18/2012 :D :D. So the 90% rate is useless without putting a context to it. By and large I believe options are fairly priced. You will make no money randomly selling or buying (after costs). The edge is your market experience in knowing what/when to trade.
+1
 
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