Australian (ASX) Stock Market Forum

Bill Stacy?

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OneDayWealth said:
...There is a very simple way to prove that day trading options works...take a look at them moving during the day and take out your calculator. It's like you are asking me to prove that trading shares/stocks works. Of course it does! What's to prove?
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Exactly what I have done.

Over a reasonable period of time, I have closely watched option chains to see how they move through the day to establish if there was any decent opportunity. However, I found that slippage, IV loss and brokerage usually didn't make them a good risk to reward strategy.

I do buy options for potential directional moves, but not with the intent of day trading. They usually last a few days to get exposure to overnight moves and the risk to reward is significantly improved than the few cents you are taking out of daytrades.
 
IFocus said:
Interesting, you have been trading 6 years and you are charging people thousands of $ for courses and don't understand or know the basics that TH mentioned fascinating.

Suggest you could Google up "risk of ruin" as a starting point.
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I understand what I need to understand. Any dunderhead can know stuff but it takes guts to actually do something. I did something and I'm helping heaps of other people as well. I'm happy and I can't believe that for a stock market forum you guys don't believe that an option gains and drops in value and that someone figure out how to make money from buying and selling them.

What on earth is the big mystery. I am in hysterics here and so are a lot of others who are watching this incredible baseless attack. Every one is laughing out loud at you guys. Seriously...buy a calculator and get lives!

Options move daily. I trade that movement. What the **** is so hard to understand about that? I'm gob-smacked at the ignorance of you guys. You are supposed to be knowledgeable traders and yet you find something that happens every single trading day impossible right in front of your eyes to believe. Aren't you all embarrassed? You can't all be that thick - surely.
 
You have not provided any proof that you even trade Billy.(except hindsight MAYBE doctored statements that any clown can produce given 10 mins)

The forum has offered you the opportunity to show your self proclaimed skills in the form of space to post up some live trading entrys/exits.

You refused.

Looks pretty dodgy from here.

Hopefully these silly outbursts of yours may warn anymore prospective newbies to stay away and go find a more reputable source for help.

The only thing you have proven in this thread is that you are an emotional , bad tempered, smoke and mirrors kind of operator.

Hopefully others will see it also.

Oh and yeah. i AM the sort of fella that would say this to your face also..... A few here have met me personally and i am far from a shrinkin violet hiding behind a keyboard darl.
 
sails said:
Exactly what I have done.

Over a reasonable period of time, I have closely watched option chains to see how they move through the day to establish if there was any decent opportunity. However, I found that slippage, IV loss and brokerage usually didn't make them a good risk to reward strategy.

I do buy options for potential directional moves, but not with the intent of day trading. They usually last a few days to get exposure to overnight moves and the risk to reward is significantly improved than the few cents you are taking out of daytrades.
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Have you ever bought an option during the day that you COULD have sold for a profit that day? Of course. That's what I trade. Maybe I'm being too harsh on you all. Maybe it's news to you all that options can actually be day traded. Let me give you all the benefit of the doubt one last time. Take my word for it. There IS a way to day trade options. It requires a few special layouts and to know where to look but take it from me. This is not only possible but I and many others have been doing it for years.

In fact if you guys are all so knowledgeable the title of my course should be enough to switch on your lights.

It IS possible. Trust me. It is. Forget buying my course. Tomorrow pick the top ten stocks, throw up some options and charts and check out the in the money options for the current and next month and you will see something amazing. Not only do they move but they can move a LOT! If I had you guys all in a room I would amaze you with what's going on out there...if you know where to look.

Stop bashing the new drop in guy and take a look before you miss it. This is an opportunity for you all to crank up your returns and I can tell you that you technical chartists will clean up!

Stop, think, suspend your disbelief and you will find something amazing. You don't even need my course you have been given enough information just in this thread to do it and probably better than me.
 
nunthewiser said:
You have not provided any proof that you even trade Billy.(except hindsight MAYBE doctored statements that any clown can produce given 10 mins)

The forum has offered you the opportunity to show your self proclaimed skills.

You refused.

Looks pretty dodgy from here.

Hopefully these silly outbursts of yours may warn anymore prospective newbies to stay away and go find a more reputable source for help.

The only thing you have proven in this thread is that you are an emotional , bad tempered, smoke and mirrors kind of operator.

Hopefully others will see it also.
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AGAIN with the acusations!!! I'm REALLY getting sick of you. Really really really sick of you and your gutless accusations. You are dead in the head. STOP TALKING!!!

I have offered you plenty of real proof. Yes, I'm bad tempered when people are accusing me of being a crook. Are you dead? Wouldn't you be upset if you were falsley accused and for your information I have offered proof to this forum before (read the posts!!). You are just too stupid and cynical to accept it.

You are offering nothing to this thread and I presume to this world. You know nothing, you do nothing, you say nothing and you are worth nothing.
 
OneDayWealth said:
AGAIN with the acusations!!! I'm REALLY getting sick of you. Really really really sick of you and your gutless accusations. You are dead in the head. STOP TALKING!!!

I have offered you plenty of real proof. Yes, I'm bad tempered when people are accusing me of being a crook. Are you dead? Wouldn't you be upset if you were falsley accused and for your information I have offered proof to this forum before (read the posts!!). You are just too stupid and cynical to accept it.

You are offering nothing to this thread and I presume to this world. You know nothing, you do nothing, you say nothing and you are worth nothing.
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No proof given other than MAYBE doctored hindsight statements Billy .

No better go get a bex and lay down champ .you seem a lil upset that no one here believing your self proclaimed dribble without any ACTUAL live proof....

what i would give to be a fly on ya wall watching you going purple and stomping around in ya hissy fit :D

Do you even trade Billy? or just sell Stories of bullsheet to people for an exhorbitant fee?
 
nunthewiser said:
No proof given other than MAYBE doctored hindsight statements Billy .

No better go get a bex and lay down champ .you seem a lil upset that no one here believing your self proclaimed dribble without any ACTUAL live proof....

what i would give to be a fly on ya wall watching you going purple and stomping around in ya hissy fit :D

Do you even trade Billy? or just sell Stories of bullsheet to people for an exhorbitant fee?
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I live in Adelaide. Let's meet. We'll have a nice coffee and I'll provide you with all the "proof" you need.
 
nunthewiser said:
I live in WA

Bring it with ya.

I,ll supply the coffee

my previous posts stand until PROVEN otherwise
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Gladly! I have offered you plenty of proof. You are just too blind to see it and will just resort to some rubbish low comment that you think makes you look smart. It makes you look dumb and stupid. There's proof on my forum moron. I've told you that a million farking times!!! Are you really that thick? Is it possible for someone to be that thick?
 
Bill, Who or What is Ashmax?

As far as i can tell your site is simply an affiliate/reseller for 'AshMax' meaning you would get a % of every $ you refer that way. In fact the more i look into it the more it seems to be a pyramid scheme.

So not only are you promoting an options course in which you seem to have very limited knowledge or proof, you are also reselling a pyramid scheme?

Could be wrong though...
 
prawn_86 said:
Bill, Who or What is Ashmax?

As far as i can tell your site is simply an affiliate/reseller for 'AshMax' meaning you would get a % of every $ you refer that way. In fact the more i look into it the more it seems to be a pyramid scheme.

So not only are you promoting an options course in which you seem to have very limited knowledge or proof, you are also reselling a pyramid scheme?

Could be wrong though...
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Nope. Not a pyramid (aren't they illegal?). It's just commission sales. They sell domain names and website services. Let's not bring that into this thread.

And please stop saying I have little proof when I have offered plenty of it already. That's getting really old. Would I still be here playing with you kids if I was a crook? Seriously.

Options move. I trade the movement. What's the big problem? I'm stunned at the ignorance of some of you guys.
 
OneDayWealth said:
Gladly! I have offered you plenty of proof. You are just too blind to see it and will just resort to some rubbish low comment that you think makes you look smart. It makes you look dumb and stupid. There's proof on my forum moron. I've told you that a million farking times!!! Are you really that thick? Is it possible for someone to be that thick?
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No Billy you have only offered maybe fabricated hindsight statements as proof dear.

I think you have issues darl.

Do you even trade?

I saw a show on tv once about this guy that was running a scam on the internet, sucking in hardworking people with promises of riches by buying his course...... apparantly it was a scam as the fella wasnt even a trader merely a smooth talking salesman.

do you even trade billy ?

how about some live trades here billy ?

is that too hard billy? or would it perhaps expose something that you dont want exposed?

lol @ maybe fabricated hindsight statements as proof . geez ........what is the world coming to .....

oh. do you even trade billy?
 
What on earth is the big mystery. I am in hysterics here and so are a lot of others who are watching this incredible baseless attack. Every one is laughing out loud at you guys. Seriously...buy a calculator and get lives!

Is it possible that Billy has been able to recruit a few sycophants by his wily means who are now witnessing this exchange in full support of him? If so then I serioulsy doubt any of them have seriously studied or practiced trading over an extended period of time...they have sworn ( temporary) allegiance based on the degree to which they have been persuaded by his snake oil words, the idea of his (almost) promised returns and the 'power' of his personality and mystical abilities as a trader. Its a shame for them but will be a lesson in the big picture.
 
nunthewiser said:
No Billy you have only offered maybe fabricated hindsight statements as proof dear.

I think you have issues darl.

Do you even trade?

I saw a show on tv once about this guy that was running a scam on the internet, sucking in hardworking people with promises of riches by buying his course...... apparantly it was a scam as the fella wasnt even a trader merely a smooth talking salesman.

do you even trade billy ?

how about some live trades here billy ?

is that too hard billy? or would it perhaps expose something that you dont want exposed?

lol @ maybe fabricated hindsight statements as proof . geez ........what is the world coming to .....

oh. do you even trade billy?
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Billy, Billy, Billy. you are hilarious.

YES I TRADE EXACTLY WHAT I TEACH. My statements are NOT doctored!!

lindsayf said:
What on earth is the big mystery. I am in hysterics here and so are a lot of others who are watching this incredible baseless attack. Every one is laughing out loud at you guys. Seriously...buy a calculator and get lives!

Is it possible that Billy has been able to recruit a few sycophants by his wily means who are now witnessing this exchange in full support of him? If so then I serioulsy doubt any of them have seriously studied or practiced trading over an extended period of time...they have sworn ( temporary) allegiance based on the degree to which they have been persuaded by his snake oil words, the idea of his (almost) promised returns and the 'power' of his personality and mystical abilities as a trader. Its a shame for them but will be a lesson in the big picture.
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Billy? Who the hell is "Billy"?

If you have nothing serious to add then just stay out of it.

I've been day trading options since 2006 and teaching my method since 2007. I have hundreds of satisfied customers and your cheap shot tells us all about you.
 
OneDayWealth said:
Billy, Billy, Billy. you are hilarious.

YES I TRADE EXACTLY WHAT I TEACH. My statements are NOT doctored!!



.
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How about proving it then billy.

as stated for the 14th time today

i mean via live trades posted not MAYBE fabricated hindsight statements.

now Billy ... no need to get in a tither . its a simple request darl

How about it ?
 

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