Rookie, I'm not trying to get a reaction in any way. The only thing I set out to do was to meet someone who had been successful trading the stock market over a sustained period of time. I expected people to proudly present their historical gain loss percentage record or to just say they had not yet mastered the craft. I don't know why it brought about any opposition at all. I still jusby JTrader - Trading Discussion
In response to BCT, congratulations on your GOOG trades! My question is... what is so wrong with wanting to see someone's performance record and why would one get so offended by another person even asking. I don't care how much $ you made on a trade or how much money you have in your trading account. All I'm asking about are percentage returns. See below for example. 2008: -15%, 2009:by JTrader - Trading Discussion
Hey BCT, I don't think seeing anyone's historical performance would improve my performance in any way at all. It would, however, provide proof that someone is actually making consistent money trading options. I do not know and have never met anyone that has been successful long term trading options. The only people I know that claim to be successful long term options traders also happen toby JTrader - Trading Discussion
Thanks everyone for all of your postings. After reading through the responses, I'm wondering if anyone would be willing to post their 5 year annual gain and loss record. Not to belittle anyone's success but it is one thing to trade successfully for a trading zone, for a year, or even two years and it's something quite different to do it over five years or longer. I have never met anyone takingby JTrader - Trading Discussion
To understand why options lose money even when there is a big move in the direction you expected, you have to understand implied volatility. Because markets are efficients, options will take into account instances where there will be large price moves (i.e. earnings announcements) and their prices will be inflated by the high volatility expected to be caused by the event. When the event actuallby JTrader - Trading Discussion
Hello everyone! I just found this forum and I'm excited to find a place where former and current students can get together to share ideas. I took Gary's 1-5 class back in 2006 and I went hard at it for a few years, but I never really had any sustained success. I would build my account up then lose it...build it up then lose it. Is there anyone out there that is consistently making the retby JTrader - Trading Discussion