How to be a Guru in 10 easy Steps

A High Growth Proposition?

http://www.elitetrader.com/vb/showthread.php?s=&postid=2575510#post2575510

 

I just feel a bit tired by now!

So long, my ET Friends!

 

You have no friends here.

Goodbye.

Mark

 

There is something wrong with your reading comprehension

1) Yes, early assignment of American style options is not a problem (except for cash settled, OEX).

2) I prefer to trade European style options. BUT NOT BECAUSE o any assignment risk. It's because I prefer to trade those underlying indexes.

There is no contradiction in that.

The statement means 'early assignment' is not a problem - so there is no need to worry about it.

It does not mean you should seek positions that are likely to be assigned early.

Mark

 

Odd,

take a few days off, or a week, or whatever.

thanks for exposing these frauds.

the irony is that when the frauds respond they are simply pushing the Guru thread to the top, exposing their profession even more.

KEEP RESPONDING YOU FRAUDS!!!!!

 

ok. by your request =>

http://www.elitetrader.com/vb/showthread.php?s=&postid=2469031#post2469031

<i>I will never be a great trader.
I just "think" for the first time in 14 years I half 'get it' </i>

 

Build it – and they will come.... And apparently in droves


Odd,

You’re good in my book – job well done Sir


Btw – another guru-ism = Great Trader…. :eek:



Happy Evening All

RN

 

It should be noted “the best guru ever” turned out to be a real guru, with his own web site calling out trades – ended up getting tagged by one of his members – then I believe he reregistered under another handle – ce la vie




Now fwiw I have another guru-ism to add – one I’ve seen suggested several times here lately….


Take half a position off once price moves in your direction..

Supposedly doing this helps a newer trader overcome/ counteract the habit of moving a stop too soon (which causes that trader to get stopped out then sit frozen as they watch price move back and scoot off in their original direction)


Nope…… it doesn’t work as advertised – and very possibly could do more harm than good

Yes it is counterintuitive – but then almost everything is counterintuitive when it comes to proper trading.


Please feel free to ignore, discuss, or take me to task…

Respectfully

RN

 

redneck so true.........take some off......1/2 is okay.........1/3's is more accepted......but move in ur direction is very vague...let's say es moves 1 pt........1/3 out.........2 pts next 1/3.....ride the rest......point targets must be precise and "when seen"......no slippage concerns or commish etc..that is kkiller........exits must be "when seen" at each target.