more to the point--should I trust an assertion on trading theory in a forum, or my track record of realized gains?...admittedly, my positions do tend to conform to your equation, though, not necessarily by design.
More to the point, much much *much* more to the point..... You should consider what errors and misaprehensions you've posted in your first 6 posts on ET. Once is not a crime to be wrong or anything, but sheeesh buddy, you've dragged this out for 5 more flights of whacko. Just.... quit. Read a while!
Well, I can't make a 500th post without a first post preceding it. But post count is not indicative of literacy here or elsewhere. Can you identify the errors and misapprehensions you mention?...clearly and exemplary? You're quite good at implicit insults, but somewhat unhelpful with constructive criticism (which isn't to say you haven't offered something helpful already). For some context, I do insurance for my day job--and a specific niche thereof that each account must be profitable on it's own vs. aggregated with similar type accounts as is typical of insurance markets generally. It's entirely possible I take certain metrics for granted, without expressly quantifying something that's otherwise greek to me (get it?...actually I do understand the greeks, they just seem like an unnecessary intermediary to me) So, for the sake of my understanding equally to others, what assumption is second nature to me that's not inherently obvious? Because I can find disproofs to my original statement quite easily, but not without looking at a plainly stupid trade...(and incidentally, plainly stupid even by my logic when I was on the losing side that gave rise to the lesson underlying my original statement). I suck royally at predicting the market--I'm *ok enough* at managing risk. I do make regular profits. So, for the sake of others (and myself), collaboration on identifying the difference in opinion (if it exists) might be a bit more helpful...
That is a silly statement to make. If you were to say, only those who are not fully educated in relation to options trading will say don't trade options, then you will be more correct. Education is a funny thing, is it not
You seem to be a level headed person with directed thoughts. I can find nothing wrong with your post, and that is very unusual on this site, as most utter words that do not really add up! Good post.
You're not making any sense. If you didn't understand my statement, maybe it's time revisit grade school...
Fully understood alright You lot make me laugh. All experts full of great advice on how to make easy money..LOL If you think that someone needs to trade options on "the underlying" to make money, then you are the uneducated one