So you say that posting a screenshot of a chart will show the full details of what you know..and will it also show the full details of what you don't know! My assumptions are not misguided..they are based on facts..which can be clearly seen by anyone who reads the posts..if someone is unable to distinguish between what constitutes real skill and "copy cat" skill..then they really should have a good talk with self..and see what it is exactly they are trying to accomplish in the big world of "easy money"!
Not trying to avoid you question. The most important factor for my selecting a trade is to form an opinion on the direction of the underlying. In general I don't pay much attention to IV once I have an opinion of the underlying direction.
Would you share some details about your trading career? How long have you been at it? How long profitable? Other than not listening to standard trading education what helped push you over into success? If you were mentored or not. Thanks,
Then you are more than likely throwing away money each time you trade options..which is just adding to your costs of doing business..no more about that!
I "like" the responses when I can learn something new or gather additional information that may be helpful to me. I don't have to agree with the comments. It is also an act of appreciation to all the efforts you all took upon yourself to answer my questions. You may not think so but I am a much better trader since I joint ET because of all of the helpful comments. Best wishes.
Most likely you are right again. In addition to studying charts, studying IV will be on my to do list too.
I now have a chance to be who I want to be..and tell a heap of lies about things that do not really matter I will say that I was no different to most who try..in fact I was actually the thickest trader ever born..just couldn't hold on to money I made! Why..well..the answer is very easy..I hadn't a clue what I was doing..if I did..then I "obviously" would have kept the money I made!! So..I had to change something if I wanted to keep the money I made..and..first of all I had to understand what I was actually doing before I could change anything!!! Mentors..well..that is a long story..but I will say that no matter what knowledge you acquire..there is always someone out there that knows more than you..of course..the big question is..is that knowledge any "real" benefit to "your" trading..and there is only one person that can answer that..of course Most people forget that in order to get the right information..one must ask the right questions!