October 12, 2012
Very briefly, I started trading since 1987 and trading options and equities without having any knowledge and knowing how cruel the market might be. Lost money $$$$ like any trader in this business, it was about 100K during BLACK October in 1987. As a result of a such lost, I learned that nothing is free in this world and can not be earned without having an appropiate education, knowledge, and right tools. For this reason I started going to various seminars, listening CDs, watching DVDs, and reading many many ..books regarding Options, Forex, Futures, and Commodities. As being said trading is very simple but not easy. It takes a lot of mental pain as well as financial pain in order to be successful trader. One of the reason why there is a huge reward in trading business because of less rate of success and as a result of this there is more money in the pot to be picked up.
I tried many option strategies maybe more than total of 25 at least but one of my favoriate strategy is unbalance I.C. (Iron Condor). Why.. as you might have observed by now, the market is very volatile and sometimes is so unpredictable for identifying the direction. My second favorate one is Delta neutral Strategy by using underline equity and its options. It is very conservative and you even might not believe that there is no risk whatsoever and no loss at all.....Too good to be True
Using different option strategies mainly on these ETF SLV and IAU...
No introduction yet
Just attended on meeting and it is too early to have any valuation!!