|
PureBytes Links
Trading Reference Links
|
This is absolutely NOT what this trading methodology is about. Apparently
this person knows nothing about trading options. A spread is a type of
options position, not the difference between bid and ask. The trades from
this method usually takes about 3 weeks to mature.
No, I haven't taken the course. I've been to the dog-and-pony and a friend of
mine took it.
In a message dated 4/28/01 4:28:12 PM Pacific Daylight Time,
cwest@xxxxxxxxxxxx writes:
> Oh boy! Is there ever a need to expose those who seek payment on masse for
> offering the key to riches. I don't know anything of "Spread Traded Edge,"
> but if you wish to try scalping over or under priced option premiums, which
> is what a "spread system" implies, there is a major issue to consider.
> Real-time quotes, which is almost an oxymoron with options prices. It's my
> experience that most scanning servers or services simply look up a database
> that updates prices every ten minutes and your orders are fodder for those
> on trading desks or on an Exchange floor.
>
> Hello List,
>
> A couple days ago I received in the mail an advertisement for an option
> trading seminar by Quantum Vision called the Spread Traded EDGE.
>
> Has anyone on the list been to the seminar and was it worth the almost $4K
> it cost to attend. I must admit it sounds very interesting.
>
> Thanks in advance!
>
> Fred
>
|