TRUE but if you are on the wrong side and LEVERAGED, the 10% which dont EXPIRE WORTHLESS will make you EXPIRE..
Why not you mentioned this to the Supertrader Karen ? By the way, I am sure she is much richer than you ?
Im sure she is much richer than you aswell and am sure she doesn't just sell options to make that money
She is much richer than me and most of the ETes here, even if she is not rising monies from other investors. I believe she has a much higher % return than most ETes here that follow the classic trading approach (most of them are actually broke after taking into account commission and slippage). My point here is you need to think out of the box. This is where the edge come from.
ha ha. yeah buddy...i grudingly agree.. the only folks making money are the brokers. they always win.. just like the casino- the house always wins.. Karen is aka like a astute Poker player who is managing her highly leveraged naked positions and getting away month after month.. even though her idea is well documented, the devil is in the details and not easy to replicate - u need discipline( which most ETs lack. including me)