Day Trading Options " . . . was wondering what you more experienced option traders think." Wondering in Winnetka https://elitetrader.com/et/threads/day-trading-options.356059/
Its one of the best books written on optionality ever. But it isn't for the layman. In my experience, the more you read the material, the clearer the material will become. It took me YEARS to understand the simplest of concepts.. but I just kept at it. Not saying I understand it now, but the veil has definitely been lifted a bit!
Livermore said it best... a piker will struggle to profit on a million, and one day you’ll have more success trading a small account and the money will simply come to you... heavily paraphrased
So true. Confirmation bias. Thank you for bringing me back to reality. I need to trade at least a statistically significant # of names before I can make my claim.
How many times do I have to read, before I understand? For this book, the answer my friend is blowing in the wind, the answer is blowing in the wind. I gave up after n times as n --> infinity.
GOOGL APR16 1700/2100/2500P fly from 222. One of my kids got filled a few minutes ago at 222. I told him to trade the synthetic, but he prefers quoting the natural.