And yet there are the results. And they are undisputed.
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Why do people believe day trading will get them rich quick?
- Thread starter emg
- Start date
And yet there are the results. And they are undisputed.
Quote from Locutus:
Give the guy a break. It's obvious he's a tool and can't trade (same for that Jack guy), there is really no need to spell it out. Anyone who doesn't see that themselves deserves to have their money taken. Maybe they'll learn a lesson.
Tools are useful. What's your contribution to the planet?
Hate to repeat myself, but it just seems relevant. And yet there are the results. And they are undisputed.
Quote from HowardCohodas:
Tools are useful. What's your contribution to the planet?
Hate to repeat myself, but it just seems relevant. And yet there are the results. And they are undisputed.
Yet here I am and many others are disputing them. That alone quite undermines your whole premise. Why am I wasting time typing this?
Quote from Locutus:
Yet here I am and many others are disputing them. That alone quite undermines your whole premise. Why am I wasting time typing this?
I'm sorry to disagree, but the performance facts are undisputed. You can ignore the facts or present counter arguments.
I post my trading plan before the market opens. I post my trading summary after the market closes. I summarize my results when the option series expires. These are facts and they are undisputed. I am now doing so on this forum as well. HowardCohodas Index Options Credit Spread Trading Journal
What is in dispute is the source of my edge. I'm still working on understanding this more deeply myself.
Socratic dialog is designed to distill truth. Misrepresentation has no place in such a dialog. If I have inadvertently misrepresented my performance, I'll apologize and correct the record. Just show me where. Just saying so doesn't make it so.
You're such an awesome paper trader.. Wauw.
Quote from HowardCohodas:
I'm sorry to disagree, but the performance facts are undisputed. You can ignore the facts or present counter arguments.
I post my trading plan before the market opens. I post my trading summary after the market closes. I summarize my results when the option series expires. These are facts and they are undisputed. I am now doing so on this forum as well. HowardCohodas Index Options Credit Spread Trading Journal
What is in dispute is the source of my edge. I'm still working on understanding this more deeply myself.
Socratic dialog is designed to distill truth. Misrepresentation has no place in such a dialog. If I have inadvertently misrepresented my performance, I'll apologize and correct the record. Just show me where. Just saying so doesn't make it so.
You have this thin market and that Europe is closed now to thank that I even take the time to write this, but only insane people totally ignore the blatant facts.
"I post my trading plan before the market opens. I post my trading summary after the market closes." The first post in that thread is today. You don't mean to imply that your undisputed record is one day long do you?
So I'll ask again, what record are you referring to exactly? Are you hoping that someone will come along in this thread and be dumb enough to just take your word for it?
I'm sure you're a nice guy in real life, that you have a family to feed and what not, but for god's sake at least make up a credible story. I'm sure there are plenty of ppl here who never made a time that people would but a book from simply because their BS is much more credible than yours. At least be good at what you do.
Edit: You know what, it's only just been christmas and almost a whole new year so what the hey, let me give you a piece of advice, free of charge. If you want to not seem like an idiot, just don't reply to people like me and trademetal and all the others who are offering some form of opinion contrary to yours (even though we're right and you know it). Act as if it's beneath you to dignify it with a response. If you'd done that then you might have had some credibility left. Succesful people don't argue that they're succesful, they just are.
more than 90% of option traders or cboe traders lose believing they could get rich quick whether they trade spread (iron, condor, butterfly, bull, bear, and naked) the reason option traders lose because they do not understand the GRAVE RISK trading options;
CBOE wrote 163 pages discussing the risk involves trading options:
http://www.optionsclearing.com/components/docs/riskstoc.pdf
People LOSE!!
CBOE wrote 163 pages discussing the risk involves trading options:
http://www.optionsclearing.com/components/docs/riskstoc.pdf
People LOSE!!
Quote from Locutus:
Source or it's a myth.
Contact the gov agencies:
http://www.cftc.gov/
http://www.sec.gov/
I'm not making baseless statements and I'm not at all interested what % of people lose in options trading because on balance half the money loses and half the money wins (who controls which money is really not that relevant). I don't think 90% of the people trading options really control 10% of the money.
What you mean is you don't have a source.