Recent content by beastwork

Truer words have never been spoken. I'm with you now man.:cool: for what its worth, I actually believe you and I may trade a similar style...minus the "stop losses" of course

I don't know squat. My entire trading style is predicated upon that realization. So you do close losing trades WOW! But you don't use the stop loss mechanism provided by the broker.. Whoopdie doooo!!! 'tis all the same pal.

Also just realized what the goofy color coding was for. :-):-) So you think that simply getting rid of stop losses will turn a losing strategy into a winning one? Right.... the magic of raw dawg trading. Ain't it grand? And don't back peddle. You LOL'd at the comment. I agree with your...

If I didn't know any better I would think that you've never entered a losing trade. :sly::sly::sly: You do take losses from time to time right?

Another circular conversation about stops or no stops. Using no stops doesn't make you hot ****. And it certainly won't turn a losing strategy into a winning one. Besides it's not about stop losses anyway. It's about risk management, and there are many ways to manage your risk besides stop...

So to parapharase - If I am able to avoid having the stocks "put to me" I will not face the risk of being blown up. Once my short contracts are in the money the brokerage assumes that the options will be exercised. At that point I have to close the position. Incurring the cost of any volume...

Greetings, I've searched and searched but I can't find any clear concise information on what exactly happens to accounts when the market experiences a crash. I see many people mentioning how a "black swan" event can decimate an account but no one offers any specifics of how that happens...

Hi Folks I'm new to the boards and am eager to learn about options trading. I'm looking to trade risk about 1% per trade and only risk about 25-35% of my capital in options trading. I'm mainly here to learn more about "black swan" risk and what it really means to my portfolio. If anyone...