How to join a professional trader hub?

Discussion in 'Options' started by coldplay_option, May 2, 2019.

  1. sle

    sle

    :vomit:

    PS. PoR = 1 - PoP
     
    #21     May 2, 2019
  2. Baozi

    Baozi

    So true, so true.
     
    #22     May 2, 2019
  3. I use Dan Passarelli from MarketTaker and Todd Horwitz. Not a big fan of tasty. Too much personality worship
     
    #23     May 3, 2019
  4. ironchef

    ironchef

    Been there done that. To say my results were disappointing is an understatement.
     
    #24     May 3, 2019
  5. drmark27

    drmark27

    How is it different from being an insurance company?
     
    #25     May 3, 2019
  6. jonahern

    jonahern

    this statement seems 100% inaccurate
     
    #26     May 3, 2019
    S-Trader likes this.
  7. TheBigShort

    TheBigShort

    Here's something to think about.

    If you sell a put on MSFT and AAPL and the market tanks, do you loose on both positions?

    If I die, does that mean you die? If my house blows up, does your house blow up?

    What about the premium you collected from MSFT and AAPL puts? Can you invest in land development with those premiums?
     
    #27     May 3, 2019
    SmallFry likes this.
  8. sle

    sle

    All of the above applies, of course. The main reason why selling vol is different from providing insurance is the lack of barriers to entry. It's very hard to open an insurance company but it's pretty easy to open a TastyTrade account.
     
    #28     May 3, 2019
    apdxyk likes this.
  9. sle

    sle

    There is an important exception to that rule - going to work for someone, i.e. "an apprenticeship". Most people who make money in the market have learned this way and then extended what they learned via their own experience.
     
    #29     May 3, 2019
    ironchef and dozu888 like this.
  10. #30     May 4, 2019