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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Timetobuy who wrote (39860)	8/6/2001 8:45:46 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

"I was commenting on your math." Well, I didn't really do very much math, but that's ok. I don't think your comments thus far are very accurate for the most part. What you are doing is misstating facts, jumping to conclusions & making baseless allegations based on a selective reading of a few specific comments. Your math calculation appears to be correct, but the rest of your POV is groundless, accusatory, mocking & highly inappropriate. What you appear to be trying to debunk is the hypothesis that RR makes on this thread on occasion. As I've already stated, if you read most of RR's posts, you would understand this more clearly. This is an unavoidable fact that you have not recognized as yet. ""IF"" one were to start with 10,000 & make 20% every month, theoretically one would make almost $80k in one year. Your math seems to accurately bear out this portion of RR's hypothesis. It's the rest of what he says that you have not properly grasped. RR's theory is discussed to varying degrees in an occasional post of his regarding options trading. What he actually states & your allegations, sarcasm & faulty conclusions at at severe odds. "And yet he has losses, as does ANY trader or gambler" First, you are mixing RR's real trading with his occasional discussion of the hypothesis............... that you can make one QQQ option trade per month & achieve a 20% gain. His hypothesis does say that. It includes quite a bit more than that too. His hypothesis is similar to reaching for the brass ring. If you reach out at the right time, the right height & with the right hand position & have decent dexterity, you can get the brass ring. It's not easy to achieve, but it can be done, particularly if you learn what needs to be done to achieve that goal............. which is to be in a position to make an optimal R/R QQQ option trade once a month............. a trade with the potential to return 20%. RR's posts make it clear that this is not a foolproof vehicle. You don't just slap your money down once a month & go to the collection booth. BTW, yes, RR does have losses. And as I've already stated, he has many real trades that exceed 20% profits when closed. However, RR's hypothesis does not state that there will never be losses. All he is saying is that it is possible to make 20% a month. If you actually read his posts, he also states frequently that you don't have to be in the market every day. Often he discusses the one monthly QQQ trade for 20% as a way to emphasize that you don't have to be in the market every day. Those who read RR's posts understand that it is highly unlikely that every QQQ trade will result in a 20% gain. Most folks can figure out on their own that above average returns are achievable............ if you do make one monthly QQQ trade.............. only after patiently studying for & waiting on a high R/R set up.................. every single month............. RR is not a gambler as you now appear to be doing repeatedly. RR makes no bones that options trading is high risk. His approach to options trading is not gambling. Options trading may be gambling to you, but your characterization is inaccurate when applying it to RR in the manner you are currently engaging. Perhaps it is gambling for a significant number of options players, particularly those who are not not as experienced & aren't applying the level of effort the analysis into searching for good R/R opportunities. "So is it fair to tout those gains as if they were a sure thing? " Ttb, there is no such implication in his hypothesis unless you are doing selective reading of his posts. Perhaps everyone should include multiple detailed disclaimers on every post that discusses a stock or investment vehicle. I'll tell you again, you need to read most of RR's posts, rather than taking selective passages from individual posts while ignoring ALL information contrary to your POV. I do not appreciate that you inappropriately jump to conclusions, then make meritless accusations while sarcastically mocking something that clearly gives you heightened grief. If you had read what RR has actually stated, you would have had no need to make some of your more extreme comments & inaccurate allegations. Because it grieves you so, I'll repeat it for you again........... The QQQ option trade for 20% a month is a hypothetical that could be achieved. There are no guarantees, & there are NO CLAIMS that ANYONE is currently achieving this 100% of the time. Therefore, there is no reason to hammer away at this point from different angles. All one need do is read most of RR's posts &* this is painfully clear. "Why don't you want anyone to look at your math if this is a sure thing? Cheerleading is good! Rah! Rah! Pointing out it's not a sure thing is BAD! Nice to know you only want to hear one side. " I never said anything remotely like this. Please do not twist my words or misstate me so egregiously in the future. Could you point out where the cheer leading is in my posts? You are absolutely wrong alleging that I only tell one side unless you only read selectively Ttb. Please make your points based on factual information in the future. "As for ridicule? Where do you get that? " Perhaps I should have called it inappropriate sarcasm that appeared to ridicule RR. I apologize for the harsh tone. I'd like to discuss your concerns further, however I'm not sure you actually reading what is actually being said. You seem to jump to inappropriate conclusions when you have been presented with information that clearly dispel your faulty conclusions. I would appreciate it if you would at least read precisely what is being said before you make fairly accusatory statements, strong allegations, inappropriate sarcasm that are meritless. Perhaps you are unaware that this is a Coffee Shop thread & not a Stock Talk thread, albeit we do discuss investment & investment vehicles here frequently. Further, our thread header is clear.................... "This is a safe house where friends of Voltaire can meet to discuss any topic that tickles their fancy. With that in mind: This thread is for Support, Knowledge Building and Friendship, “NOT” Financial Management. We have all learned a lot in the year 2000 and we are still learning each day. Porchers are free to post their suggestions or positions with out repercussions or blaming. Warning: Buyer Be Ware. We have at all times Extreme Bulls and Extreme Bears on the porch. You must do your own DD and assume responsibility for all decisions made from information received on this porch.." Subject 36800 The rules of this thread follow & are available at the link above in case you didn't read them before you posted here.