Welcome wtfomdecay. I must bring it to your attention that bullying and mockery is not allowed on this thread. I know you wish me well, but it is not fair and just to treat people differently. Please make sure you stick to the topic of Options and please refrain from personal attacks on others. Your assistance in this matter will be greatly appreciated. Cheers. Derivman
I would like to make an open complaint to the moderator of this thread. The treatment that I am receiving is a disgrace. I am answering the posts put by others, and now, I am seeing people ganging up on me and asking that the thread that I have started, for my education, be moved away from the Options forum. The reason the thread is not progressing, is because certain people are bullying and mocking me. How can I get a serious discussion going when they keep interrupting me. I have already told atticus that I will reply to his post when I read the links that he posted. What am I supposed to do. Remember, I am a newbie, and I do not have all the answers to the questions. It will take me time to learn and reply correctly, but I am sure that I can make a good job of it as I now have a very good instructor. And, I also now want to state in public, that I will not be divulging the name of my instructor, or any details about him, to any member of the public. Trust and friendship goes a long way. Cheers. Derivman
Atticus, I am currently checking out your links and will respond to your question in due course. In the meantime, I will ask you a question so that you may also make a reply in relation to Options. Please try and keep the discussion on track. Cheers. Derivman What is the main difference between traders who succeed vs. the traders who are gone from the Options trading business after only a few months.
derivman... you are becoming a nuisance to these boards... stop taunting the other members... if you are as intelligent as your writing ability you know that you are being disruptive... stick to topic and stop the anal banter... end of line...
My dearest derivman, you seem like a nice chap but you must learn not to keep responding to posts that aren't directed toward you. Be a good boy and stick to the rules and remember to stay on topic and we'll all get along just splendid. Ok? Now, what exactly is it that you want answered or wish to discuss? db
Chiguy. Your comments are noted and I will indeed stick to the topic. I hope that others will follow. Cheers. Derivman
Atticus. you posted the link above which I have now read. The following excerpt from one of your links appears to be at the centre of your posting. "Re: R/Reward.[R/R] There are 4 catagories of R/R in all the 60+ strats in options:~ 1. Limited loss with limited gains. 2. Limited loss with Unlimited gains. 3. Unlimited loss with Limited gains. 4. Unlimited loss with Unlimited GAINS" You also state the following. "Number 4 has piqued my interest. Been racking my brain on that one." Can you think of any Options Strategy that will fit the No.4 profile. I have many books that contain numereous strategies, and I also wan't to see which ones are suited to No.4. Cheers. Derivman
I will post a general question in relation to "Buying calls for a living". Please note that this question is applicable to traders in general, and as such is relative to our discussion. Cheers. Derivman What is the number one skill that new traders need to learn for trading Options.
Looks like it's just me and you now derivman - we can have ourselves a nice little dialogue here . I would guess the number one skill is to understand what an option is and how an option works - that process will take some time and is not intuitive. Then there's the usual trading stuff - psychology, money management .... . Coming to think of it, there is no one skill, you need a whole bunch of things to make this work, starting with the ones I've mentioned above - just ask your mentor . db
Thanks for the reply daddy'sboy. I tend to disagree with you in relation to your answers. With my past trading experiences of the ES E-mini I tend to think of a different answer. I will however consult my instructor, as you suggest, when we have some more answers posted from the other members of this thread. Cheers. Derivman