John Carter reflects on his $5M week trading Tesla spreads

Discussion in 'Wall St. News' started by SteveM, Aug 31, 2020.

  1. traider

    traider

    somebody make 28M this week exploiting BSM model :p
     
    #11     Aug 31, 2020
  2. At first I was scratching my head at $17 a contract... I think he meant $17 a share and $1,700 a contract.
     
    #12     Aug 31, 2020
  3. Why is the size of his trading account less than $10m when he is making risk-free $1m per month from his students? I would expect a successful trader to have a much larger account size if he's earning risk-free monthly income of $1m.

    If I'm a potential student/subscriber, this is the question that I will ask him.
     
    #13     Aug 31, 2020
    Axon likes this.
  4. guru

    guru



    The website says they provide many traders as educators, so it’s not just one trader.
    Though of course you can find another argument against them in 5 seconds :)

    I’ve actually been wondering if educators who make money are such a bad thing, because on another hand so many people look for good educators. How would you evaluate them?
     
    #14     Aug 31, 2020
  5. I don't know how to evaluate these trainers because I don't even think about trying them. It is much cheaper to learn from books and websites and forums like elitetraders. Pretty dumb to pay thousands when free resources are available.
     
    #15     Aug 31, 2020
    guru likes this.