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Hi Eric,

I was hoping you could help me out.
I noticed in one posting that you mentioned that you were making 7% monthly. I have lost 7000 so far option trading and the most that I have ever made was $100. Can you give me some advice on how you trade profitably?

One thing I am trying right now is selling vertical spreads, instead of iron Condors. I'm taking a directional bias because my iron Condor always lose on one side. What would you do when a vertical spread is being tested?

Any advice on how to become profitable would be appreciated.

Thanks,

Sfcaguy
Thank you so much for all the info!

I really appreciate it, and better yet, coming from someone living in Wisconsin.. I'm a huge fan of That 70's Show and I'm also a Cheesehead! :)

My girlfriend just arrived but I will definitely check into this information as soon as she goes to bed! Thanks once again :)
Sure. You have time tomorrow afternoon? I am in Austin, Texas. I will give you a call at 3pm. If that does not work, let me know another later time Sunday, or another time Monday.
what is a good number to contact you at?
please send your live trading results and bio to black.ebitda@gmail.com
subject: Options Trader
Hi, I noticed in post you mentioned you were at a firm with Takon? Which firm is that? I used to trade at GPC in Austin and am looking for a new firm that uses Takon. Thanks,
Mike
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