What is the average cost for Brokerages (Online or Props) to attract heavy traders? The "Free Trades" are not free, those go to attract heavy hitting traders, what is the cost to get Big Traders? $5,000 or $10,000 or more? If a Broker is stupid enough to lose a customer generating massive volume, how many accounts are needed to replace someone doing 1500 to 3000 trades per month?
You don't need to do alot of trades to make money -- infact, i personally find the opposite to be true. You can scalp for nickels, if that's your thing...or you can go big game hunting.
I promised I would not post gains, why I would post making 5x and 7x (broker will reimburse me for getting out at $1.50 after talking with them on the phone. All 31 contracts will get filled at $1.50 bought at $.22-$.24. What are you talking about Scalping for, making 7 or 8x you money is not Scalping!
CALM a few days ago I started buying Calmaine after recommending it to another Elite Member on one of our private threads because Calmaine has a very neet way of acting on Op-Ex. So building up my position on the $60s was logical, my final purchase was the 16 you saw. Hoping for a 4 point move is usually out of my method, usually I buy LEAPs deep in the money to get as much Delta as I can. Calmaine at $.90-$1.30 when I know how it move's Seasonally is why I try to get people here to follow a few stocks they can understand instead of chasing everything that moves. I dumped Calmaine above $2.20, you saw the 16 but I did not post the other 54 contracts bought cheap because some people might have had a bad day. Good Luck Larry, these Nickels are adding up. See all those Options on CALM at $2.25, that's a nice nickel!
Making Nickels, once I get them to adjust this trade at $1.45-$1.55 I will have made 7x on these nickel trades. Add another $.40 x 31 contracts is $1200 more. Using $800 in Capital and buying at $.23 average and selling at $1.40-$1.55 should make this $800 capital invested to $4100. How about them Nickels and Dimes?
Hey, we were suppose to trade NFLX together, what happened? I scalped 800 shares for $7, did you trade it too? I hope you smashed that sucker!
We have Facebook coming up, we should do a small trade on FB since its holding out so well. We should Tag-Team Apple and FB, do you see how strong FB is heading? The only way small traders can get some real money is starting out trading Options after a through education or Penny Stocks otherwise it takes forever to get that equity above $250k to $500k or beyond