Up 8,000% for the week

[taowave]

Im assuming you are trading GS as in Goldman Sachs and caught the downmove??

Lets be honest here..You dont "swing trade" and make 8000% in a week..Thats bullshit..

Your ridiculous story would be less ridiculous if you said you bought 200 puts at .25 and sold them at 20...

Of course that would be pure fiction as there were no .25 options going to 20....

So why dont you tell us which options you traded to make 8,000% in a week?

I had a pretty good week. I did GS options and got about 80x on my initial investment of $5,000.

I was doing a lot of swing trades. Perhaps 10 - 15 trades a day.

I actually have no documented strategy. Just lucky.

Anyone else have a good week.

FYI - Markets go up and Down.

I love America lots and lots and then maybe a little more.

I had a pretty good week. I did GS options and got about 80x on my initial investment of $5,000.

I was doing a lot of swing trades. Perhaps 10 - 15 trades a day.

I actually have no documented strategy. Just lucky.

Anyone else have a good week.

FYI - Markets go up and Down.

I love America lots and lots and then maybe a little more.

 

[Option_Attack]

Take it easy riskarb, et al! Been following you most of that 20 years. Usually controversial, often educational, always entertaining!

I stated that I am leaving... and I am. No tears, please. =)

This place used to be awesome. I cringed a bit when I first came here from the newsgroups/Google groups because of the format and the retail mentality, but fell in love with the place.

Now we're left with a few pros that fly in once a month to reply and the remaining 90% is just utter fucking garbage.

This thread. You come into the vol-forum and post this fucking tripe. It's a personal affront to all legitimate traders on this site and should be removed and the space exorcised.

Goodbye, all. Except you (Rand) you absolute t***.

 

[nooby_mcnoob]

Take it easy riskarb, et al! Been following you most of that 20 years. Usually controversial, often educational, always entertaining!

I didn't know he was riskarb! Dest don't be a pussy, stick around.

 

[tomorton]

I stated that I am leaving... and I am. No tears, please. =)

This place used to be awesome. I cringed a bit when I first came here from the newsgroups/Google groups because of the format and the retail mentality, but fell in love with the place.

Now we're left with a few pros that fly in once a month to reply and the remaining 90% is just utter fucking garbage.

This thread. You come into the vol-forum and post this fucking tripe. It's a personal affront to all legitimate traders on this site and should be removed and the space exorcised.

Goodbye, all. Except you (Rand) you absolute t***.

If you're still around d, why not stay on? - its (mostly) harmless fun here, though once you get to a certain level of experience naturally the learning curve has all flattened out.

Having said that, I do feel that since I returned to ET after a long absence this place has really got a lot better........

 

[Option_Attack]

My feeling is he does exactly what he says he will do. BUT that doesn't mean he can't come back someday. Take a break for a while, B. When you come back, there are likely to be a (mostly) new crew of degen idiots here!

If you're still around d, why not stay on? - its (mostly) harmless fun here, though once you get to a certain level of experience naturally the learning curve has all flattened out.

Having said that, I do feel that since I returned to ET after a long absence this place has really got a lot better........

 

[SunTrader]

Did I missed something somewhere ... like a screenshot showing these trades? Any of them?

 

[brench]

It is IMPOSSIBLE to have made 80x his initial $5K stake in GS, even if he had a time machine and the use of vol-at-trade figures and the week's tick-chart in advance. 6% range on top two decile vol.

Not fucking possible.

You can do it with one trade in two days if the open interest is large enough (it wasn't). Would have to spread out different strikes and there would be slippage but possible

 

[taowave]

He could have done it only with options priced less than .50 as GS moved 10 percent/20 points from 220 to 200

Not only that,but if he paid .50,they would have to be the ATM to make 8,000 percent..Were the 210 offered at .10 or the 205 offered at .05? (Apx prices)

Unless he nailed the top and bottom he couldn't make 8,000% in a single trade without those parameters.Keep in mind he also said he was swing trading and making 15 trades per day..

You can do it with one trade in two days if the open interest is large enough (it wasn't). Would have to spread out different strikes and there would be slippage but possible

 

[brench]

He could have done it only with options priced less than .50 as GS moved 10 percent/20 points from 220 to 200

Not only that,but if he paid .50,they would have to be the ATM to make 8,000 percent..Were the 210 offered at .10 or the 205 offered at .05? (Apx prices)

Unless he nailed the top and bottom he couldn't make 8,000% in a single trade without those parameters.Keep in mind he also said he was swing trading and making 15 trades per day..

Did you check the chart I attached? The price swings from 0.03 to 4.65

 

[vanzandt]

Did you check the chart I attached? The price swings from 0.03 to 4.65

Did you look at the volume at the bottom of that chart?