Small Account

Discussion in 'Options' started by chyldom, Jul 7, 2019.

  1. dozu888

    dozu888

    Now you are going circular. Further evidence of lack of intelligence.
     
    #41     Jul 7, 2019
  2. dozu888

    dozu888

    Or you are trolling. Then why does a ‘big time trader’ live a low life like this? Fake results is the only explanation.
     
    #42     Jul 7, 2019
  3. Overnight

    Overnight

    As an aside, I tuned into that Overwatch match on ESPN2 when whomever posted about it today up above. Had never heard of the game, and didn't even know Blizzard was making FPS games.

    They've (developers) come a long way from Doom and Quake. Crazy stuff.
     
    #43     Jul 7, 2019
  4. destriero

    destriero

    Here's the first posted to the ES Journal in the midst of a $4MM PNL run since October. You can see the account number and the time stamps that occurred a few minutes before posting. I know. $4MM is piker shit.

    We'd like to see yours, stud!

    https://www.elitetrader.com/et/threads/es-journal-2019-2020.328086/page-284#post-4827663

    Here's a screen pic of my laptop from my phone while sitting in the hotel's restaurant. Psst, check the time stamps.

    https://www.elitetrader.com/et/threads/es-journal-2019-2020.328086/page-291#post-4829276

    Bro, you don't trade and if you do it's piker CFD shit for pennies.
     
    #44     Jul 7, 2019
  5. dozu888

    dozu888

    The Overwatch League will be the first esport league adopting a traditional sport format. CEO Bobby Kotick is high school buddy with Mets owner Jeff Wilpon. The 2 of them got Robert Kraft to buy in. That’s how the league got started.
     
    #45     Jul 7, 2019
    wrbtrader likes this.
  6. I have not read all responses (there are too many of them), so I'm not sure whether my comments have already been said by somebody else.
    Your opening sentence "I would like to start trading options" is already an incorrect starting point. There are so many different financial instruments to trade. And each class has its own characteristics related to risk and how much investment is needed. Before knowing how to trade and what risk you are willing to take is it not correct to already limit yourself to one class (stock options).
    In my view the best approach would be to first read a lot about trading in general and the many ways you could do this (some ways you'll like better, and others less). Then you do "dry runs" on a paper trading account (also known as simulation account) with various classes: ETFs, stocks, stock options, futures, forex. Those practice runs will teach you how much money you'll need and how quickly you can lose your money. This will give you an impression how much risk you are willing to take, without actually losing your real money. If, by this stage, you have not yet given up you can decide to either start trading with your own money, or spend your money on paid training courses. I have never taken any of those courses so I can't advise which one is any good.
     
    #46     Jul 8, 2019
  7. Baozi

    Baozi

    @destriero @dozu888

    why don't you guys solve your differences with one of those old school trading competitions?
     
    #47     Jul 8, 2019
  8. dozu888

    dozu888

    that's pointless.

    perhaps an old school rifle duel but then that's a shitty deal for me because I have too much to lose after pulling multiple 7 digits and him still living in a basement.
     
    #48     Jul 8, 2019
  9. destriero

    destriero

    Perhaps you could borrow some money from your kid or his agent and buy a Hi-Point C9.
     
    #49     Jul 8, 2019
  10. destriero

    destriero


    He'd have to fund a trading account. I don't know if that's possible with a 450 FICO and $500.
     
    #50     Jul 8, 2019