Steve, I don't have to look at your trades. That's not my point, or my interest. What I'm saying is 90% of the option players (businessmen as you like) lose. Why?
Stop losses by the way can be "manufactured" by the investor in any exchange, providing they follow the daily trades.
My point is most people/investors should stay away from options. There are more secure ways to hedge, and minmize risk. Also, as you know, option prices do not necessarily move on a linear basis as compared to the movement of the stock price. This dynamic could bring good profits, but it also, and usually does, brings substanial losses.
There are 100 books on how to successfully trade in options. Not one is the Holy Grail for profits. If you have a system which works, and is the Holy Grail, great. I think you should write a book. You could make millions (pocket change)! LF |
