Risking $60.00 is no big deal. Nothing wrong with entering a trade with a maximum loss of $60.00. It's not blind luck. Today was the first losing day since I opened the position, Tuesday and Wednesday the options hit a high of about $0.70. This trade isn't dead yet, as of now GLD has to drop about 1 1/2% for a small profit. Which multiple aliases? The MODs (chiguy, Joe) can confirm I have no multiple aliases. I believe the MODs in the past have posted any multiple aliases on request. Perhaps you could contact them. Once again $60.00 is no big deal.
Once again, you can't have it both ways. If you are unconcerned about losing 100% of $60, and if your trade does earn you a profit, you can't then claim that you're a super magical trader who just had a massive percentage gain on $60.
UPDATE: Closed at $0.12: P/L: -$48.86 / -82% GLD - 5 day chart to June 10, 2011 11:22am EST. Green dot position opened. Red dot position closed.