grkero
fer yer health
Sounds like words from your avatar
I learned my lesson with options trading a while ago.
10 Warning Signs of a Market Crash in 2015
- Thread starter chrisreedrules
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I learned my lesson with options trading a while ago.
dasleben
That's just, like, your opinion, man
Plenty of money to be made in options trading. If you lost money consistently, you need to work at it more. Same with futures or any other type of instrument (equities included).
P.S.: Don't ignore the greeks, especially vega.
dasleben
That's just, like, your opinion, man
Oh, and @ATN_Pilot, what if I told you... Futures are traded every single day by long-term investors for hedging purposes, and that futures can and do affect cash market prices.
SlumTodd_Millionaire
Most Hated Member
Sounds like words from your avatar
Yep. But hey, don't listen to the guy with $80 billion, listen to some guy on the internet who flies airplanes for a living and claims that there is money to be made.
Cessnaflyer
Wooooooooooooooooooooooooooooooo
He probably does but futures is something the average investor should probably stay away from until they have time to devote to research.
SlumTodd_Millionaire
Most Hated Member
dasleben said:
Then you don't know anything about Buffett. He'll tell you that he sparingly uses options, but that they are of no use for the individual investor. You aren't Berkshire Hathaway.
dasleben
That's just, like, your opinion, man
Absolutely, we agree 100% on that.
SlumTodd_Millionaire
Most Hated Member
Yep, I will, thanks.
dasleben
That's just, like, your opinion, man
That's fine, but you shouldn't try to speak with any authority on the subject.
SlumTodd_Millionaire
Most Hated Member
You're welcome to ignore what I have to say, but I'm going to say it. You can continue to push your options voodoo all you want, and I'll keep pushing people towards Graham and Dodd.
dasleben
That's just, like, your opinion, man
I simply think you speak with borrowed authority, is all. I just hope others realize that you lack experience in several areas you're speaking about. Carry on.
SlumTodd_Millionaire
Most Hated Member
I don't need to practice witchcraft to know it's bunk.
fly22
Well-Known Member
As Todd himself once said
"But like I said, keep talking if you want to keep embarrassing yourself. It's always amusing to see someone who thinks he understands my business better than I do."
He continues to borrow his authority from a book and not his own experience, which is extremely limited as proven by the way he communicates. When put In a corner on this topic he always reverts back to "tell the guy in my avatar"
Keep talking Todd, you can't dismiss the oodles of money made by successful traders that have done it differently than the oracle.
SlumTodd_Millionaire
Most Hated Member
"Oodles." You're funny.
dasleben
That's just, like, your opinion, man
I think you'd actually take a liking to options trading if you were to learn about it, Todd. It's a technical, analytical style with a number of moving parts. I've done far better trading spreads in the S&P500 cash market than I ever did in straight equities. No voodoo; just a leveraged instrument that has uses in hedging as well as speculation.
SlumTodd_Millionaire
Most Hated Member
dasleben said:
I've learned plenty. Want nothing to do with it.
dasleben
That's just, like, your opinion, man
Oh, please. You just called it "witchcraft." That tells me there's absolutely no way you know anything about options at all.
Stick to what you know, and stop feigning authority over subjects you're not educated or experienced in. And if you really want to sit here and discuss options trading with me, start here: http://www.amazon.com/Option-Volatility-amp-Pricing-Strategies/dp/155738486X
...and get back to me in a month.
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