To paraphrase my Doctor friend, The market gaps down and crawls up. I'm sure he's doing quite well of late. Now don't worry, Tomorrow CNBC will march out people telling you to always stay in. You don't want to miss those 10 days a year that the market goes up...
How long have you've been selling writing options for that premium collected? What's your trading track record...% historical returns, if I may be so intrusive and nosey Are you good at timing and understanding the market or just wishy washy gambling at the casino
"If you can't stand the heat stay out of the kitchen." ET needs more responses likeAre you good at timing and understanding the market or just wishy washy gambling at the casino. This thread is a reminder of the general decline in trading expertise on ET.
Find someone that trades for a living (i.e. lives exclusively off the money they pull from the market) to learn from, not a doctor that pulls in big money from his job and trades on the side.
I think that I write poorly. It seems like some here think that I want to do this exclusively. I do not. I just thought that it was interesting that this is his only type of trading.
It's hard to get truthful honest answers about the general trading industry... people are either dramatically lying or being really conservative and secret Not trying to be nosey or anything, but let's call a goldfish a goldfish and a monkey a monkey and an alligator an alligator and a huge cock a huge cock... it benefits no one to hide behind a curtain and words