And what instrument is that? Just curious.
german 30 dax
And what instrument is that? Just curious.
Option writers/sellers collecting their small insurance premiums... bragging about their trading prowess... is kind of hilarious.![]()
Are you saying it has more volatility than the S&P? I have never really watched it. Of course I'm in the lower 95% so cut me some slack here. How long have you been trading it?german 30 dax
Are you saying it has more volatility than the S&P? I have never really watched it. Of course I'm in the lower 95% so cut me some slack here. How long have you been trading it?
Makes sense. I would think that also makes it easier to manipulate by big players. Don't get wiped out in a big move that you weren't expecting. Best keep some powder dry.... change is coming.s and p is a huge index and as easy to move it , it is well supported but dax german 30 is very small index.very cyclical and with currency fluctuations affected by euro.Dow does not move as much cause it has major consumer companies and very stable companies
2 years
Makes sense. I would think that also makes it easier to manipulate by big players. Don't get wiped out in a big move that you weren't expecting. Best keep some powder dry.... change is coming.
Option buyers sit in a bar brag about the one time they made 10x on a trade, but need you to pay for their drink. It's kind of hilarious.

You're referring to foolish, amateur, cheap option 'lottery' ticket buyers. -- I'm far from that
The power of relatively quick compounding is far more powerful then one big, rare bomb.
Our emotion , greed takes over and we are emotionally hijacked to get rich quick .Our emotions of desire are selling those options fast , to get rick quick .I been drinking the snake oil from cboe , that 80 % of options expire worthless and and am selling premiums faster than tickets to the whore house , but whores drawers are coming off faster.