The "haves" and the have "N.O.T.S." (Novice Options Traders)

How many years have I been here in ET? how many times have I rendered advice to newbies about these issues...

I probably make more profit with trading than most here...

Fellah's please do not lecture me...don't you think I know what I am doing?

I want to share this thread with newbies...for gawds sakes...Your warnings and admonishments are insulting to me.

Am I acting irresponsibly? speak up!

I will stop this thread in 'heartbeat" if i am leading anyone astray.

What are you folks afraid of? I am not here to sell advisories for gawds sakes...Optioncoach has committed to some instruction...lets use this thread for what it CAN be!

Just now I do not have any trades to post...lets see if anything gets on the plate tomorrow :) there is no hurry...

I think optionscoach is the only one here that gets this thread....

Michael B.
 
Take it easy ... You don't know what you're talking about.

Sorry to have wanted to do you a favor by giving you a warning. If you ever grasp something about options you'll understand my comment. You confessed your ignorance regarding options trading and asked for advice, but immediately started to argue with a more experienced options trader. You'll not learn anything with such an attitude.
Quote from ElectricSavant:

What is it you do not understand about 10k in my hand...?

What is it you do not understand about playing with house money...?

I am glad I did not talk to you 2 years ago before we made the money!

Michael B.

p.S. This is money I can lose...cause' its leverage...
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you don't get it...get out of here..


Quote from cnms2:

Take it easy ... You don't know what you're talking about.

Sorry to have wanted to do you a favor by giving you a warning. If you ever grasp something about options you'll understand my comment. You confessed your ignorance regarding options trading and asked for advice, but immediately started to argue with a more experienced options trader. You'll not learn anything with such an attitude.
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You confessed of being ignorant about options trading, and you proved it. Don't give me this attitude.
Quote from ElectricSavant:

How many years have I been here in ET? how many times have I rendered advice to newbies about these issues...
Michael B.
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Hey Folks,

If you're just joining the thread, please search Elite Trader for Optionsmart and review their web page. You'll see they have several different portfolios, including credit spreads, which have a good win percentage. They do quite a bit more than just directional trades with leaps.

Quite a bit has been discussed in other threads on ET recently. A quick review will explain a lot.

Thanks
 
Those are real results too...not hypothetical. I would not condone anything else...This is why Crowder is so questionable to me just now....they do not have a track record...and its not real...my allocations are conservative thus far with Crowder...

now for the disclaimer:

I AM NOT RECOMMENDING THAT ANYONE TRADES OPTIONS WITH REAL MONEY, UNLESS THEY UNDERSTAND THE RISKS OF LEVERAGE AND TIME. ADVISORIES LISTED HERE ARE NOT RECOMMENDATIONS. THIS THREAD IS FOR INFORMATIONAL PURPOSES ONLY AND TO WATCH ELECTRIC CRASH.

Michael B.



Quote from darnelds:

Hey Folks,

If you're just joining the thread, please search Elite Trader for Optionsmart and review their web page. You'll see they have several different portfolios, including credit spreads, which have a good win percentage. They do quite a bit more than just directional trades with leaps.

Quite a bit has been discussed in other threads on ET recently. A quick review will explain a lot.

Thanks
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Quote from cnms2:

:) :) :)
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Your wasting your time cnms2...while I enjoy Michael B.'s energy and enthusiasm, what he wants to do is to share what the options's advisory is suggesting he do....not really learn about options. Michael what everyone is saying...is that unless you understand the strategy they are using, you can not make an intelligent decision on whether or not they are suitable for you. past results are just that...past results.
 
Ok...lets start a new thread thanks everyone..:) (simply amazing)


Quote from DonnaV:

Your wasting your time cnms2...while I enjoy Michael B.'s energy and enthusiasm, what he wants to do is to share what the options's advisory is suggesting he do....not really learn about options. Michael what everyone is saying...is that unless you understand the strategy they are using, you can not make an intelligent decision on whether or not they are suitable for you. past results are just that...past results.
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