One millennial options trader was killing it, then Facebook cost him $180,000

Discussion in 'Options' started by ajacobson, Jul 27, 2018.

  1. Good,no question about it
     
    Last edited: Jul 28, 2018
    #31     Jul 28, 2018
  2. ET180

    ET180

    I disagree with that. Statement is too general. Not everything is based on luck. A lot of things, yes, but not everything. A good player, whatever the game, will tend to produce the best possible result from any opportunity. Michael Jordan wasn't just the luckiest basketball player. Michael Schumacher didn't just win races out of luck.
     
    #32     Jul 28, 2018
  3. SunTrader

    SunTrader

    You are correct that there is no absolute certainty but you are incorrect that there is luck.

    Some events are random some are not. Just is.
     
    #33     Jul 28, 2018
  4. ironchef

    ironchef

    You are right, it is talent and hard work but circumstances (luck) is the most important element IMHO.

    Indeed Michael Jordan is the luckiest basketball player because he was born in the 20th century. If he were unlucky enough to be born in 1800, he won't be the greatest basketball player ever live.

    Let's stop debating and go back to trading. I want to be lucky next week.:D
     
    #34     Jul 28, 2018
  5. Absolutely right! how everything could depend on luck, if this was the scenario then i think only lucky people would have been the successful people.
     
    #35     Jul 30, 2018