Never mind, it's bad karma I think! I don't want to blow up and once we start to post things like this it breaks down all the good information posted on Elite Trader. The only reason I traded his account was his wife was going to divorce him, he lost $8000 and I put $800 in his account to see what I could do with Options.
I am guessing you are calculating the returns on margin money.(which isnt right) Also its a ton easier converting 800 into 8k, much harder doing it with bigger money
Well, its not wrong either maybe, but then its not a level field? margins for various products vary considerably, some fund managers maybe calcuating ROI on the notional value. In which case what you would be saying and what the fund manager would be saying will be different by miles. It is better if returns are normalised to notional value. But then again , Overall what anyone needs to see would be Risk/Reward ratio for a long enough period.
options is like slots. your $10 can hit $1000...that is why people play slots and straight up options. no where in busines s can you make 1000% return on capital for doing nothing. and if you have insider information it's free money and illegal for most people.
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