my good man, redoption is NOT UNKNOWN. You are showing your ignorance of this business clearly. redoption is thinkorswim--the best option broker on earth for retail. they have the results of all strategies clearly posted, they are SERIOUS options traders. Question answered?
Quote from central park: my good man, redoption is NOT UNKNOWN. You are showing your ignorance of this business clearly. a)Yes, "my good man" I am sure if you polled 100 EliteTraders, most of them would have known that... NOT b) The fact they are part of TOS is no more interesting than whether or not you are a poodle. Few brokers offer systems that have value. They offer systems to draw in more trading revenue. c) TOS was bought recently by a shady promoter. They are no longer 'reliable" but part of a suspicious organization. Do you know who that is? d) If they are so successful for you, then I noticed you ignored the challenge for your proof of their value they have the results of all strategies clearly posted, they are SERIOUS options traders. No, they don't. The track record link says: "In an effort to ensure complete client understanding of past performance and all applicable fees of all our Red Option products we ask that specific performance requests be done on an individual by individual basis. Please contact us to discuss any relevant information Question answered? Get lost
This is the result of many of his issues. Read it and weep if your the empathetic type or just open a bottle of beer and laugh your ass off. http://www.elitetrader.com/vb/showthread.php?s=&threadid=128386
The odds are against you and the same regardless of your bankroll and none are easy to learn if you mean making a profit. If you're willing to blow the $50K with better odds on games that won't pit you against the best traders in the world, change towns from New York to Las Vegas. There, it's you against the house and with some luck, you could come out beakeven or even a slight winner if you stick with a low rake game like baccarat and take all the comps the casino gives you. Enjoy.
What do you know, unhelpful advice from the whining ET nancies who can't turn a profit to save their life. Negativity is often the tell-tale sign of a non-profitable trader. Now weather the OP is a troll or not, who knows. IMO, take the 50k, tuck it away in a MM, keep your day-job, and learn to trade equities with a swing time frame. You sound greener than Ireland, so steer clear of futures/forex until you shed a few layers trading real $ down the line. Simulated trading is your friend until you can consistently turn profit. Stay positive and calculated. Read the forums, this nonsense has only been covered a million times. Ed Seykota said it well: "Pride is a great banana peel, as are hope, fear, and greed." And never forget, most on ET are complete muppets. There are at least a few dozen excellent traders on here that have given sound advice over the years. Find them, bookmark them, analyze what they say. With that said, you are a complete dofus ;-)