Wealthy Option Traders

Quote from NoDoji:

... When I first started day trading in summer 2008 I dropped in on a trading chat room and found a guy making live calls all day and making money hand over fist...
Where did you find such a trading chat room?

Thank you.
 
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Quote from NoDoji:

... When I first started day trading in summer 2008 I dropped in on a trading chat room and found a guy making live calls all day and making money hand over fist...
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Quote from HattieTheWitch:

Where did you find such a trading chat room?

Thank you.
You can find a number of them at paltalk dot com

Click
CHAT ROOMS
BUSINESS AND FINANCE
DAY TRADERS - STOCKS AND BONDS

The intent of some of the free rooms there is to funnel you into their pay per month rooms. Caveat emptor. However, if you know nothing about day trading and want to pick up some basics, it's a a good place to start (the free rooms).
 
takes money to make money. that being said, i have made a consistant living for 5 months as my sole income and plan to continue and eventually leverage out just a bit.
 
Quote from vhehn:

i got this in the mail last week. it only costs $995 and you will be rich. what could go wrong.

Last Chance to Double Your Money Once-a-Week -- Guaranteed
Plus, we guarantee you’ll double your money once-a-week, on average, or you pay nothing. We’ll refund every cent if you choose to cancel within the first 90 days of service.

Here’s why we feel so sure in making this promise

Here are the highlights of our 2009 track record, posted in detail at our member website:

We have closed 73.3% winning trades at our *************** service.
Our average gain on every trade, including the losers, is a stunning 175.7%.
Our trades have doubled, or better, 69 times, so far.
13 trades gave us 100% gains on the button
29 more handed us profits of 105%-183%
15 others at least tripled our money, with profits ranging from 200%-489%
And we banked twelve humongous winners for gains of 500%, 550%, 563%, 581%, 645%, 800%, 847%, 850%, 1,310%, 1,400%, 3,700% and 5,300%.


let me guess: you got this from bi mon opt right?? I got the same thing a few weeks ago and it blew my mind!! They cl;aim to have an inside loop on the action with the big guys, which isn't impossible but you have to know what to look for once you find out the big option trades!!
 
Quote from HattieTheWitch:

Where did you find such a trading chat room?

Thank you.

It was ET's chat room. Keep in mind though that just because someone makes live calls and makes money hand over fist doesn't mean you will if you were to trade the same stock at the same time. It also doesn't mean the person making the money hand over fist will continue to do so. Because the trading strategy could be a very high-risk strategy.
 
Quote from NoDoji:

It was ET's chat room. Keep in mind though that just because someone makes live calls and makes money hand over fist doesn't mean you will if you were to trade the same stock at the same time. It also doesn't mean the person making the money hand over fist will continue to do so. Because the trading strategy could be a very high-risk strategy.
I think a chat room's usefulness is for learning the ropes. Trying to piggyback someone's live calls w/o knowing what's going on is a recipe for disaster.
 
Quote from Rimping:

Succesfull traders typically do not make "consistent high profit gains" but make huge homeruns once in a while.

Trading is not about making a living, but about getting rich!
With little exception, I think that living for the big score is more of an affliction than a career choice.
 
Quote from CandleStick77:

I would like to keep the negative people out of the thread and here what the successful people have to say.

There are very few 'unsuccessful investors/traders' on the internet. In my experience they all make, or at least tell us they do, FORTUNES :)
 
Quote from AK100:

There are very few 'unsuccessful investors/traders' on the internet. In my experience they all make, or at least tell us they do, FORTUNES :)
And that's when they're not doing high fashion modelling shoots in Monaco or performing neurosurgery.
 
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