Iron Condor - Is this the best?

Discussion in 'Options' started by crayon851, Oct 18, 2014.

  1. jamesbp

    jamesbp

    Trading to generate a monthly income is a scam promoted by snake oil salesmen ...
    TastyTrade suggest you can use their platform 'Dough' to learn to trade options the easy way ... but most of their featured traders somehow seem to lose money ...

    I'd like to train part time and win an Olympic medal ... but it ain't going to happen!
     
    #41     Oct 26, 2014
  2. well with that attitude you definitely wont get anywhere.

    there are people that do it right?
     
    #42     Oct 26, 2014
  3. .10 delta is the price the option moves in relation to a 1$ move in the stock? so 10%?
     
    #43     Oct 26, 2014
  4. jamesbp

    jamesbp

    In which case, you don't need to ask all the newbie trading questions here then?
    Who exactly 'does it right'?
     
    #44     Oct 27, 2014
  5. newwurldmn

    newwurldmn

    if you were an expert, you wouldn't give back to the community, but you expect everyone else to be nice to you?

    And now, someone else offers you a realistic assessment and you imply he's a failure.
     
    #45     Oct 27, 2014
    justrading likes this.
  6. Too many people though that they can go to any free internet forum, put in a thread and expect someone to spoon feed them with profitable strategies, and then trade their 5K account and retire young.

    If the trading is so easy, we will not have > 90% failure rate.
     
    #46     Oct 27, 2014
    newwurldmn likes this.
  7. you guys keep saying the same thing. the whole point of people being on this forum is generally to learn and get trade ideas. thats why im here. not because what im doing isnt working, but because there are always better ways.

    i had a trade on tza last month. went from 14-17. i sold. then it went up higher. could i have found some advice on here that wouldve maximized my profits? yeah probably. im no where near a professional nor do i have the knowledge base of some people on here. however, if a bunch of newbies got together, im sure they can share their experiences and learn from each other.
     
    #47     Oct 27, 2014
  8. if you are a newbie, of course youll ask newbie questions....

    tim sykes does it right (at least what he promotes himself as) some guys online etc. whether they are legit or not, its all speculation. from what you see though,is success in their lifestyle from trading and sometimes you just have to take it at face value no?

    everyone starts somewhere. at one point in time, everyonr asked the newbie questions. so if you want to help them, help them. if not, just dont respond to those threads.

    i dont see what the big deal is with me asking a question to get opinions. no need to be rude.
     
    #48     Oct 27, 2014
  9. It might be wise to step back, take a breath, show some contrition, and move on. Posting here is like taking batting practice against Clayton Kershaw -- you may not know you're out of your league, but it should be come abundantly clear in short order.

    I have learned SO much from these forums, and I still post stupid questions and bad advice. It's human nature. The search engine is your friend, but you will need to spend some time digging in order to figure out who knows their shit and who just thinks they know their shit.
     
    #49     Oct 27, 2014
    Brighton likes this.
  10. newwurldmn

    newwurldmn

    You should follow Tim Sykes then. He doesn't trade options.

    And you should follow your own advice and perhaps not be rude to the people are offering you the fruits of their experiences for FREE.
     
    #50     Oct 27, 2014
    samuel11 likes this.