Experienced traders here make fun of iron condors but I have been successfully managing them by hedging so that I am profitable even when vol spikes. I just can’t cut my losses so, I learned how to turn the loss into a profit on the overall position. To each, his own. Trade according to your personality. Happy Trading to all.
Doesnt change the fact that you couldnt trade your way out of a paper bag and never will.... Hows it feel to be so close,yet so far??? Gotta suck... Welcome to Taos perpetual loser IGNORE list a
%% SAME here. Except, on some bear rallies I like a profit target much more than a loss. One of the best Elite trader quotes follows. New trader asks '' WHY does market always turn after I exit??'' Elite trader told Him ''Quit trading so big'' LOL Priceless. Scale out solves part of that problem also.
There we go again. What will it take for you guys to understand that what your trading level or years of experience or net worth etc doesn’t give you a right treat others like crap. I may not be at his level in trading but I kicked his old ass, didn’t I? Lol…
okay but it doesn’t strike me that you’re trying to make friends either, based upon your comments towards @taowave The value of this website is getting to talk to and learn from people like him for free.
Thanks for the "praise",and you are spot on..... I think we are all in this trying to make a buck,and there are some incredibly talented and gifted individuals on the board who are kind enough to share their wisdom...All one has to do is open their mind,and close their ego... You never know what simple piece of advice/wisdom could be the game changer.....
You mean the value of this website is learning to be submissive and take shit from idiots? There are many decent experienced traders here who are tired of guys like begging Tao and see me as a necessary evil. I think they will answer my trading questions, if I ask, without holding a grudge against me. If not, oh well..( hint: you know the meaning of avatar, right?)