I ask a lot of questions because I want to get better and learn form professional traders like you. I know my success is more luck than skills and...
I do have incomes like dividends, etc. but I don't have any other jobs producing income and spouse not working. I am embarrassed to say my biggest...
OK I am convinced, I will get off this gravy train right now and put all my money into bitcoins.
Thank you for your comments. I am making chart reading a part of my trading tool kits. I am happy for you that what is obvious is obvious to...
Yes if you are the house.
Well said. Trading is my only job since 2010 and by far the most fun. :D
Your post actually make some sense to me. In a way it is like a version of Martingale. Another way to look at it is the way we save in an...
Thanks. But what should I be looking for? Underlying PA and options volume?
Sorry we took your thread in a different direction. Here are my comments on your original post: 1. Essentially you are making a directional bet...
I agree. I think that was why MrScalper advocated trading indices with reasonable bid/ask spread. As for delta exposure, how about buying the...
How do I learn/find out where they target profits?
What if there are no events?
Appreciate your comments. I think having a tight bid/ask spread and lots of volume are important to day trading options. Regards,
Thank you for your thoughtful response. So, an annual CAGR of 20% with a standard deviation of 20% would give you a Sharpe of 1.0 over that...
The grass is always greener on the other side of the fence.:finger:
Short answer: No. Long answer, MM can be a dream job. If I have a do-over career, I may want to be one.:D
Yes, I thought so too but when I tracked the IV of the options I owned, often they did not change that much on a very short time scale (like a few...
If they cannot make money trading options how about us retail traders? Maybe there are not enough of us? Should I follow them and get out of...
I agree with vanzandt and spindr0, if you "have to get out of a trade", first hour is a very tough place to be. As for day trading options, there...
So, they are MM and make $ from bid/ask spreads and not from trading?
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