Originally Posted by scambo1
I'm really not interested in going down this road on this forum. I'm a slow typist and not a great teacher. Yes there is risk as with everything in life. Last year I did a little less than 105%. This year I am on target to double that.
As to gloom and doom? Please help me see how the demographics are able to support the debt loads (I mean the real debt loads, not the short term ones). Go ahead and keep your head, I dont care.
First, I have to give DAL 88 Driver props for introducing me to Snider. I use it for my long term portfolio and I am very satisfied with the Method. I pick my own underlying, however. I think this is why I get a better return than 12% annualized. Mine has been 15%-18%. DAL 88 Driver will be shocked that I use some triple beta etf's for underlying. Still, because of the higher volatility, I am able to use them in conjunction with the "Method" very safely. I don't have anything in "winter." Knock on wood.
Snider got me interested in options and I started looking for more education. I ended up training for two years at Sheridan Options Mentoring in monthly non-directional income stategies (delta neutral trading). That's why I call myself "decoupled."
Second, Scambo1. You will find this interesting and right up your alley. Trastytrade.com. It's a daily web based program run by the founder of TOS. It's all about options trading. Cost's $45.00 annually. You can preview it after the show on the same day for free. As a member you get really sweet commission discounts at your favorite broker. He's all about the retail self-directed options trader. It's on from 8:00 a.m. to 11:30 a.m EST. It runs in a on demand loop the rest of the day. They archive it on the site if you miss it. A combination of stupid entertainment interspersed with great trading nuggets and education. Only an options trader could love it. The commercials are great and only make sense to an options trader. I've become a junkie. Plus, you can watch it on layover. He's a premium seller, credit spreads, debit spreads and the occasional iron condor.
Send me a pm with an email if your interested and I will send you my cheat sheet on how he trades.
That's how this deadzoner is decoupling from Mother D.