Quote from mekanikal:
Wow what a thread!
Reading this and others by TE, MC and TG I have to thank the TFF for putting some perspective in my 'strange' thinking![]()
I started as a dumbass following a guy in his subscription based forum few years back. Even though I was suspicious why someone would charge for profitable live trades, I went along with it naively until it blew up in 2008. The guy couldn't read what the market was saying and he had a huge ego.
We were buying options, calendar spreads, butterflies etc., rolling them as necessary and it was like all 'elite' strategy to me until it wasn't![]()
Then it slowly dawned on me that markets are random and trading is gambling. So I decided to be the house instead of the walk in gambler. I started selling options instead of buying them.
That also worked and not worked based on what market was doing and left me even more confused![]()
I came across this thread a year back and did delight me that there are people who thing 'strangely'.
Now I read it again, along with others, and have a new found appreciation of trading aka gambling.
I am a dumbass know nothing myself, to paraphrase another member who is not part of TFF![]()
Looking forward to learning more![]()
At first glance they all seem the same.
Then there is elite34s and Socrates on T2W - not credible to me though, and how many more strange ones???