|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.71.2016.0"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2>Has anybody have experience with a course called Trend
dynamics based in Pismo Beach CA?</FONT></DIV>
<DIV><FONT size=2>I received a flier in the mail which looks interesting
although pretty expensive. Would appreciate any comments from those who
have taken the trend dynamics course.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>thanks</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Marc </FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sat May 09 01:45:48 1998
X-POP3-Rcpt: neal@xxxxxxxxx
Return-Path: <owner-realtraders@xxxxxxxxxxxxxx>
Received: from accessone.com (list.listserver.com [198.68.191.15])
by purebytes.com (8.8.4/8.8.4) with ESMTP
id RAA00919 for <neal@xxxxxxxxxxxxx>; Wed, 6 May 1998 17:04:54 -0700
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id RAA28298;
Wed, 6 May 1998 17:47:31 -0700 (PDT)
Received: from infowest.com (infowest.com [204.17.177.10])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id RAA28011
for <REALTRADERS@xxxxxxxxxxxxxx>; Wed, 6 May 1998 17:41:41 -0700 (PDT)
Received: from brentast (dialup2-17.infowest.net [207.49.61.92])
by infowest.com (8.8.8/8.8.8) with ESMTP id SAA20124;
Wed, 6 May 1998 18:41:06 -0600 (MDT)
Message-Id: <199805070041.SAA20124@xxxxxxxxxxxx>
Date: Wed, 6 May 1998 18:40:12 -0600
Reply-To: brente@xxxxxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "BrentinUtahsDixie" <brente@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Option trading -long post
MIME-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
Content-Transfer-Encoding: 7bit
X-To: "ALTAF JUMMA" <ASHLEYJUM@xxxxxxxxxxxxxxxx>, <REALTRADERS@xxxxxxxxxxxxxx>
X-MSMail-Priority: Normal
X-Priority: 3
X-Mailer: Microsoft Internet Mail 4.70.1162
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
Status: O
Altaf,
I can't address all of your questions so briefly I think that you will
find that the experienced traders on this list use Options. I have seen
very little in the way of systems that trade Options, however; almost any
trade that can be made can be done with options. The seemingly complicated
nature of Options scares away some traders. I am now trading almost all
options. I believe that if properly understood and applied, Options are
actually a better instrument for small traders. The DOCTOR has on many
occasions addressed questions about using options and many of the fallacies
that circulate about Options. You might want to check out some of this in
the RT archives.
Best Regards,
Brent
----------
> From: ALTAF JUMMA <ASHLEYJUM@xxxxxxxxxxxxxxxx>
> To: REALTRADERS@xxxxxxxxxxxxxx
> Subject: Option trading -long post
> Date: Wednesday, May 06, 1998 4:16 PM
>
>
> >
> >
> >
> >Hi Rtrs,
> I was going to ask the question which is better options or securities
> depending on market conditions. Because there are hardly any posts on
option
> trading, It seems most traders stay away from it probably for few
reasons:
> 1} Traders have been brainwashed that since 90% of options expire
worthless
> so 90% of option buyers lose money. Nobody talks about size of
> winners/losers or the fact that 95% of futures traders lose money anyway.
>
> >
> 2) So to make any money in option , you have to write options which
requires
> more deligence, and has unlimited risk. This again scares away traders.
> 3) For options, you will have to spend extra money for software, data and
> extra time for analysis. Also there are very few success stories
available
> in option trading.
> 4) Lot of inexperienced traders have got burned buying overpriced
options
> at inflated commissions touted by shady companies.
> 5) For Options, you have to be right about market direction, volatility
and
> worry about delta and time decay most traders have more than enough
problem
> worrying about market direction.
>
> What is the answer?
> It is a tool, difficult because you can structure your risk using
> spreads/underlying security. It is a simpler tool when buying straight
> puts/calls.
> Does anybody uses it to trade market tops and bottoms or to built large
> positions in a trending market using option pyramids or for
trend-following,
> channel breakout, 1-2-3 bottoms, time and price turning points, fibonacci
> resistance/support, triangles.wedges, head and shoulder patterns.etc
> Does anybody use it to position themselves or to protect their position
> before a major report/event?
> Does option prices have any predictive power?
> Does anybody use it for say stock split/ earnings report?
> Does anybody use cheap out of money option to position themselves for a
> major move? Now who would want to do that? There is a very nice article
in
> Applied Derivatives magazine about it - so many uses for options, so few
> option traders/posts I am sure there are quite a few
option
> traders on RT who have their own opinion about the market conditions
> (trend-following, market turns, major move etc) which favors option
trading
> v\s the underlying security. Perhaps their opinion would help.
> Sorry for the long post. But I have seen a few traders use option to give
> them an extra edge, reduce drawdown, and wanted to see some more post on
> option trading.
> Happy Trading,
> Asif
>
> >
>
>
|