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OMG are YOU kidding ME?!

How can you compare apples to oranges? If one loss is $10 and the next loss is $500 and one win is $1,000 and the next win is $2,000 how can you possibly compare one loss with another. The ratio is 50:50 (two wins and two losses) but the results could not possibly ever be compared.

There is no margin when you buy a straight option. I'll get you a link to the ASX booklet. It might help explain it to you in a way that you understand. I buy with cash. I own the entire option.

I don't give a rat's how much brokerage I pay. The only thing I'm interested in is making money. As soon as I make $2,000 (after brokerage) I could care if the brokerage is $1.00 or $1,000. I just made $2,000 and that's all I care about.

What now?! You don't advise letting profits run? Or is it that you don't believe options change in value during the day? Which fact don't you believe?

<blockquote data-quote="OneDayWealth" data-source="post: 595889" data-attributes="member: 25736">OMG are YOU kidding ME?! How can you compare apples to oranges? If one loss is $10 and the next loss is $500 and one win is $1,000 and the next win is $2,000 how can you possibly compare one loss with another. The ratio is 50:50 (two wins and two losses) but the results could not possibly ever be compared. There is no margin when you buy a straight option. I&#039;ll get you a link to the ASX booklet. It might help explain it to you in a way that you understand. I buy with cash. I own the entire option.&nbsp;&nbsp; I don&#039;t give a rat&#039;s how much brokerage I pay. The only thing I&#039;m interested in is making money. As soon as I make $2,000 (after brokerage) I could care if the brokerage is $1.00 or $1,000. I just made $2,000 and that&#039;s all I care about. What now?! You don&#039;t advise letting profits run? Or is it that you don&#039;t believe options change in value during the day? Which fact don&#039;t you believe?</blockquote>

[QUOTE="OneDayWealth, post: 595889, member: 25736"] OMG are YOU kidding ME?! How can you compare apples to oranges? If one loss is $10 and the next loss is $500 and one win is $1,000 and the next win is $2,000 how can you possibly compare one loss with another. The ratio is 50:50 (two wins and two losses) but the results could not possibly ever be compared. There is no margin when you buy a straight option. I'll get you a link to the ASX booklet. It might help explain it to you in a way that you understand. I buy with cash. I own the entire option. I don't give a rat's how much brokerage I pay. The only thing I'm interested in is making money. As soon as I make $2,000 (after brokerage) I could care if the brokerage is $1.00 or $1,000. I just made $2,000 and that's all I care about. What now?! You don't advise letting profits run? Or is it that you don't believe options change in value during the day? Which fact don't you believe? [/QUOTE]

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