Only one voice of reason? I guess that you're including yourself along with all the other "idiots" Good to know. Jimmy Jam
nly one voice of reason? I guess that you're including yourself along with all the other "idiots" Good to know. Jimmy Jam ________________________________________ Hey ass clown. Yes, only one voice of reason. How long have you traded on back testing data? How many times has the past, indicated the future? When you are not pushing paper in your cubicle, or watching your cnbc "ticker" scroll across your computer, thats when you will understand the definition of probabilities. What awaits you in each and every trade? The rest is bullshit, hogwash and followed by a million non profitable traders.
I made 50 trades during 30 days, 49 winning trades: see the virtual accnt here : http://www.advfn.com/p.php?pid=fbb_thread&id=754447&bb_id=5
I think you missed my point. It is very easy to sell options, have 70% of your writes profit, and still lose money. The idea is not to merely have higher probability of profitable trades, but to have more profit from the profitable trades than you have loss from the losing trades. When your investment strategy is picking up pennies in front of a steamroller, the steamroller only has to win once.
I think if you traded with real money that you would be embarrassed about having written this post. Good paper trading, TD