Learn to trade options - its much more lucrative and has very little risk compared to buying stocks or mutual funds. Also requires much less startup capital - even a 1000$ should suffice.
Agenda: Options Fundamentals
Low Risk High Reward Strategies
Capital Management
Fundamental and Technical Analysis.
-- Knowledge is profit --
Seats are limited -register at
http://neuraltraders.info/template.php?node=eventListings
Location: Somewhere in dreamland
Posted on: 28-06-09 17:10:49
Quote:
Originally posted by jinxed
Learn to trade options - its much more lucrative and has very little risk compared to buying stocks or mutual funds. Also requires much less startup capital - even a 1000$ should suffice.
Agenda: Options Fundamentals
Low Risk High Reward Strategies
Capital Management
Fundamental and Technical Analysis.
-- Knowledge is profit --
Seats are limited -register at
http://neuraltraders.info/template.php?node=eventListings
what is your benefit in doing this? I would like to attend but I am skeptical about your motive.
Quote:How can you say that?
Originally posted by jinxed
has very little risk compared to buying stocks or mutual funds.
I would think it is the exact opposite - options carry much more risk than regular stocks or mutual funds.
With stock or funds, your worst case is losing 100% of your investment, but no more.
Whereas, with options, your losses can be theoretically unlimited.
It is just speculation.
Quote:So does for mutual funds and stocks.
Also requires much less startup capital - even a 1000$ should suffice.
Technically, you can lose much more than $1000 if you bet on the wrong side of a price movement.
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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
Completely wrong. You can loose 100 % of your capital overnight with options if you do not understand the risks and liabilty of options.
Quote:
Originally posted by jinxed
has very little risk compared to buying stocks or mutual funds.
... the 'Jinxed' previous posts clearly pointing towards trapping others into this business of making money (guess, who’s making).
-Ben
Location: Somewhere in dreamland
Posted on: 28-06-09 22:46:07
Quote:
Originally posted by jinxed
Learn to trade options - its much more lucrative and has very little risk compared to buying stocks or mutual funds. Also requires much less startup capital - even a 1000$ should suffice.
Agenda: Options Fundamentals
Low Risk High Reward Strategies
Capital Management
Fundamental and Technical Analysis.
-- Knowledge is profit --
Seats are limited -register at
http://neuraltraders.info/template.php?node=eventListings
I have a free advise for you. Please use your knowledge in stock market and become a millionaire yourself.
I think you don't want to take risk and you want to live off others money!
If you are so much sure of success in stock market, why are you also doing business with models and advertising for models in your other website?
And why are you advertising in Charcha for your business? Didn't you see the rules of the forum?
Obviously Ben, Iceberg and PatrickM have never traded options - we only play low risk high reward strategies and losses are always capped by something called a spread - usually credit spreads resulting in net income.
Our clients dont engage in speculation but take advantage of those who do - we dont guess where market will go but where it wont go
E.g. SPY (index representing S&P 500 ) - we will sell 10 Aug 97 calls and buy 10 Aug 98 Calls (to keep our loss limited ) - the net effect is a credit of 270$ - max profit for this trade is the premium received - 270$ and max loss is 730$ .
What this means is as long as S&P stays below 970 by third friday of aug - we will close with over 28% profit. (currently at 919 - rally stalled - weak fundamentals and technical outlook - very unlikely to reach 970 by 22 Aug )
I dont typically wait till expiration and will close my options around 2-3 rd of Aug
with around 20% net profit - then I will do the same thing again.
Also if the unthinkable happens and market starts to rally sharply - I can close my positions with some loss (not the entire 730 ) but I rate chances of that happening at less than 10%.
This is called a bear call spread and we suggested our clients to do it on POT (potash ) and SHLD (sears) and the positions are 150$ and 400$ in profit respectively.
Recommended another calendar spread on FCL - up 175$ on an investment of 1575 already.
Brown Bear - I am talking about 10 -15% return per month - can't become an overnight millionaire but still beats measly returns of 4% per annum hands down.
I practice what I preach and actively trade both options and currencies - if you choose to come over feel free to take a peak at my account.
I have myself learnt a lot from free seminars and since there is no obligation - there is nothing to lose - you will meet like minded people (even some from canadian desi ) - have some refreshments - laugh, enjoy yourself and have some good time.
I make a living - pay my mortgage and other expenses through my trading only.
People who will attend the seminar will also recieve free book - Secrets of options trading.
