Does the gambling feeling decrease as experience increases? SPY for example...how am i supposed to have anything more than a hunch that it will go...
Yea man that’s exactly what I did the first go around that wiped me out fast. Never again unless I know exactly wtf I’m doing.
that’s what tastytrade and optionalpha preach about as being the most consistent way to generate profit in options. I’ll look into it again thanks...
LMAO ^^^ Since i suck at picking direction what about focusing on non-directional strategies for now like straddles, butterflies, etc...?
alright ill invest some time learning more about options pricing thank you. you being sarcastic about hunting black swans???
I attempted reading dynamic Hedging and have to admit that it was just too much for me. The way he relies more on mathematics than words to...
Can you go into a little more detail about how to work for surprise? I’m not sure I understand what you mean.
Momentum considering most of my trading has been short term of a few days or less. But like I mentioned earlier due to lack of success thus far I...
Currently reading Options, Futures, and other Derivatives by Hull...I find this one to be the best time spent so far but i am only about 1/10th...
I don’t think I can trade at all to be honest that’s why I stopped. I recognize that I suck and need some help.
never.
I like the ability to control a lot of an underlying with less capital...They basically grant me the opportunity to trade “sufficient amounts” of...
I understand one mans trash is another's treasure in that some strategies will work great for one person but be considered worthless to another....
Thanks for the post. I read the article and the thread but hope that this thread can get more detailed than that. Less "what options are and how...
Can someone point me in the right direction of successful options trading? This is asked in terms of speculation and not so much as hedging tools....
you're crazy, #7 is at the very least very entertaining and fun to read. not so much educational outside "cut your losers and add to your winners".
Don’t strain your shoulder whilst patting yourself on the back there buddy lmao
I cant believe you just outed me like that, damn it.
Who could have foreseen the huge spike in price this week towards $1000...nobody that's who. So not getting rich off of calls is understandable...
I can attribute the vast majority of my losses to naked OTM options.
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