Are options a waste of time and money? (pun intended)

Anomalies? You mean like a protracted 3rd Wave?

 

Skew it? You should stop. You're going to get wrecked.

 

BTW, I don't recall seeing your trade.

 

I posted the structure payoff.

 

No, a protracted 3rd Wave is not an anomaly.

You should look into EW as it has served me well. It's nice to be able to road map the chart so you don't get pushed out of positions rather you just accumulate more. Imagine having that edge with your vols trading...

 

The market likes oil stocks today. Thats the only thing that has an up signal on my strategy.

 

Okay dude lol go do you.

BTW fractals for trading and Elliot waves are not statistics, they're pseudoscience.

 

What are you talking about? They are statistically measurable using fibs. Everything is embodied into ew...chart patterns, order blocks, candlesticks, price action, vols, Wyckoff, etc so if you aren't familiar with it or just using one part of the picture to trade then that's all you have...a snap shot.

 

What a word soup. No lol, don’t confuse maths with statistics. A wake board is not a surf board even if to an outside observer they seem indistinguishable. You’re still at a level below an intern summer clerk.