Well at least this Bulldozer character can stay mostly on topic. His logic is as flawed as yours though.SOCRATES said:Look....I am at my wits end with you (TIC)...............and ...I have tried to explain things clearly to you without hurting your feelings.......
Now Bulldozer is less diplomatic than I am....Bully does not do diplomacy at all....it is not in his vocabulary....you must uderstand this....he just gets to the point and that's it.
Now Bully explains...and if he were here he would explain it himself ...using horns in the groin and monkey nuts and bananas to illustrate his point....that all of this is about brains.
He explains and he agrees with me about traders being born and not made.
Before you explode...let me continue, right ?
He says you and Profitaker are the same.....he says both of you have the brains in the wrong place....at the opposite end of the anatomy in which brains ought to be.
He says traders are born and the reason he says is because they have the brains in the right place and not in the wrong place. He says you have to be born like that. He says....
He also explains that writers have the edge because they take money from buyers.
He goes on to elaborate, in his own inimitable way.....and at this moment I had to calm him down a bit...he elaborates that....writers have the edge because they collect money from the buyers they don't give it to the buyers...they get it from the buyers instead....
He also explains....and I must say he did this very well....he explains that skilled writers alternate.
He explains first that skilled writers take money from the buyers until the buyers have no more money because they have lost it buying puts....then....they turn their attention to taking money from the other buyers who have bought calls until they have no more money...and then they extract all the money from these and then turn their attention to the others...which I think and you must admit is a very good explanation.
And he elaborates that because the buyers have the brains in the wrong place and the writers have the brains in the right place then the writers have the edge...they have to....and that that is the proof.
Now how many times does it have to be explained to be understood ?
Now you and he seem to be defining an edge as "taking money from another person(a buyer in this case)". This definition of edge is entirely different to any and all definitions that you have attempted to provide thus far. However, setting that aside, we will go with this definition.
As it is entirely possible for a buyer to take money from a writer, this falls within Bulldozer's definition of an edge. Therefore by Bulldozer's own definition of edge, there is no inherent and specific edge to writing options. Further to that, no amount of posting profitable trades from writing options will discount the possibility that money can be taken from a writer of options by a buyer of options. Hence this thread in no way serves to prove the edge as Bulldozer defines edge.
So once again your post only serves to argue for the opposite of your hypothesis and we are all left waiting for this proof of which you speak.
As for the other reason, that the buyer has 3 out of 4 chances to get it right, I am not disputing that. However, that is not what this thread is about. This thread is about your assertion that posting profitable trades proves the writer has the edge over the buyer. This is clearly not the case and nothing you have posted(including the trades themselves) proves otherwise.
It seems to me what you are really trying to say is that the option writer has more ways of profiting than the options buyer. This may very well be the case. However that is an entirely different assertion than the one you have constantly stated yet failed to prove.
Now onto that matter of traders being born and not made once again.
Firstly, it would seem this Bulldozer person has no idea of physical anatomy. It is biologically impossible to have the brain situated anywhere in the body except the head.
Secondly, if he is basing his assertion that traders are born and not made on where the brain is located within each person, then he can do nought but agree with me. That is to say that every living human can become a successful trader as every living human's brain is in the same anotomical place as every others.
If this Bulldozer chap does not agree with the above then he is once again basing his conclusions on faulty logic. This seems to be a recurring theme amongst your group so I'm not surprised.
Cheers,
PKFFW
edit: typo
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