MightyOne wrote: Imagine trying to explain why it is better to write options than it is to trade outrights, I don't think that we even want to go there.
So you talking about selling puts and selling calls...?
The seller is the "writer" of the options contract and they are the ones that are collecting premium upfront, which can be used to scale other ideas going forward/?
Yes, I am talking about selling ITM options.
The risk of selling a call is roughly the same as shorting the underlying.
Imagine getting ready to go short and then having someone come up to you and offer you cash to go short. The risk is 'unlimited' either way & the reward is only unlimited, for outrights, if you can make it that far down the chart. At least with the option you are getting paid to trade.
Just started reading about options this week. Kind of confusing in the beginning, but gets easier the more you read. But Im starting to see why a trader like you like them so much
v8power wrote:Haha, thanks. Im already flagged by cerain ABC government groups so Im not to wooried by any Krersik member or if any agency follows the board, Yes the beginning of the thread I remember the road map you sey out for me. But I had another idea to work up to that, since you said they "prefer" 100 million accounts, but will come down to 20-million cuz there greedy. Yea I think high freq could be a "big" difference. I try to trade thye way hedge fun invests. Yea they cant off set there loses. The better firm like me cuz they don't hedge against me . O I was flagged along time ago but I believed a zero was possible each year was.
Now I have had a half a dozen accvounts canceled, 7 figure profits held for months. Lot sized capped. Calling "my" account manger ahead of time to phone in my trades.
See this is where I would like vets to talk about "bigger ponds". Cuz adding a zero to your "$10" micro account is super easy. But alot a firms will cap you really quick. But in a few months good luck. Hence why I risk ".1%" a trade
Thank you again "S". I would love to know what lotsize your EA trade at. And what happened to the trading room you were supposed to set?
What about trading futures? I have an account that allows me to trade $7,000 per tick. You can definitely get more if you have a big enough account.
Futures is next on the list. Any insight, wisdom, tips or advice feel free to let me know
. O I was flagged along time ago but I believed a zero was possible each year was.