Wealthy Option Traders

Once again the negative people who havn't made alot of money. Go read some of the trading journals of people who turned a small amount of capital into alot through news and rumors of news. Earning reports etc......


One thing I have noticed about this Forum so far is its always the people who havn't made substantial gains and lose money that come in here and try to give advice. If you havn't been successful on the market your the last person I want to take advice from.
 
Quote from CandleStick77:

Once again the negative people who havn't made alot of money. Go read some of the trading journals of people who turned a small amount of capital into alot through news and rumors of news. Earning reports etc......


One thing I have noticed about this Forum so far is its always the people who havn't made substantial gains that come in here and say it can't be done. If you havn't been successful on the market your the last person I want to take advice from.
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and i have noticed a lot of noobs coming to et that seem just clueless. and when people try to set them straight they argue. wade cook. lol
 
Quote from vhehn:

and i have noticed a lot of noobs coming to et that seem just clueless. and when people try to set them straight they argue. wade cook. lol
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From what I read in the journals people bash people that are making money at first. Then when they keep making money they seem to shutup. Anyways I am not going to argue with anyone that hasn't been successful. From now If someone isn't a successful trader, I am not going to even respond to you. I only want my advice from successful people because I want to be successful. No point in listening to people that have been burned.
 
Look man you are embarrassing yourself by invoking "Wade fu78ing Cook". Realize that there is some luck involved in the markets. I got a 6,000 % return off a GOOG trade, does that make me a great trader or lucky. I realize you are young and your enthusiasm is a good thing; I would suggest you read thru some old threads. There are some "real" options traders on these boards, salty as hell but usually cause its the same old shit.

Hi I am a new retail trader with 10K when can I expect to retire?

gets old for serious traders. I would suggest you read thru old options posts, and see if you can find a mentor. A mentor would be someone who helps you learn to trade, not some scam guy who is charging you for a moving crossover system. Some option posters worth reading spindr, dmo, opt789, xflat2189, atticus, etc. Missing a few, but these guys actually trade. Good trading.
 
Quote from kinggyppo:

Look man you are embarrassing yourself by invoking "Wade fu78ing Cook". Realize that there is some luck involved in the markets. I got a 6,000 % return off a GOOG trade, does that make me a great trader or lucky. I realize you are young and your enthusiasm is a good thing; I would suggest you read thru some old threads. There are some "real" options traders on these boards, salty as hell but usually cause its the same old shit.

Hi I am a new retail trader with 10K when can I expect to retire?

gets old for serious traders. I would suggest you read thru old options posts, and see if you can find a mentor. A mentor would be someone who helps you learn to trade, not some scam guy who is charging you for a moving crossover system. Some option posters worth reading spindr, dmo, opt789, xflat2189, atticus, etc. Missing a few, but these guys actually trade. Good trading.
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If I was given that information sooner it would have saved me alot of trouble. Thats exacly the type of information I was looking for. Thanks!
 
Quote from CandleStick77:

From what I read in the journals people bash people that are making money at first. Then when they keep making money they seem to shutup.
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look. you lost all credibility when you started talking up wade cook.
 
Quote from CandleStick77:

From what I read in the journals people bash people that are making money at first. Then when they keep making money they seem to shutup. Anyways I am not going to argue with anyone that hasn't been successful. From now If someone isn't a successful trader, I am not going to even respond to you. I only want my advice from successful people because I want to be successful. No point in listening to people that have been burned.
More...

see here... You sound 24...

I'm a noob, but if I was successful and I read that, I'd think twice about who I was helping

be patient, be humble
 
Quote from CandleStick77:

One thing I have noticed about this Forum so far is its always the people who havn't made substantial gains and lose money that come in here and try to give advice. If you havn't been successful on the market your the last person I want to take advice from.
More...
How in the world would you have any clue as to who here makes or loses what?
 
Quote from vhehn:

look. you lost all credibility when you started talking up wade cook.
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WC is now pressing out vanity license plates under Federal supervision. The problem is, he's stupid and can't spell. I don't think there's much of a market for WADE CROOK license plates.

:)
 
Quote from akivak:


In my opinion, selling options has much higher long term chance of success. This is based on a simple fact that options lose value every day, so putting time in your favor has a huge advantage...You won't make a home run, but you can make 5-7% per month with high probability of success and more consistently.
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This is way oversimplified. There is no inherent advantage in writing/selling options. You take large risks for a fixed amount of money. And the idea of earning 5-7% of month overlook the high likelihood of occasional but sure blowouts along the way, defeating the purposes. And of course, there is your spreads, commissions, risk, errors, the value of your own time and other things that eat up this nice and cozy "5%-7% monthly."
 
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