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Showing content with the highest reputation on 01/22/2019 in all areas

  1. 2 points
    @Wushi I would like to refer you to the following reading: Why Retail Investors Lose Money In The Stock Market Are You Ready For The Learning Curve? Can you double your account every six months? Are You EMOTIONALLY Ready To Lose? 10,000 Hours Of Trading How Much Can I Earn With Options? As Mark Wolfinger writes: So to answer your question, it will depend on your skills, your learning curve, your commissions structure and your commitment and dedication. Can you make 80%/year as a new trader? The answer is: most probably no. The conventional wisdom is that your goal as a new trader has to be not to lose money during your first year in trading. I know this is not what people want to hear, but that's the truth. Can you make those returns after you learned the basics, learned the strategies and practiced them for few years? The answer is yes. We have many members who replicate and even exceed our performance numbers. But it took them years, not weeks or months to get there. Again, not what other services will tell you - but it's the truth.
  2. 1 point
    You are welcome. I always like to use the analogy of other professions. It takes 4 years to become an engineer and 7 years to become a doctor. No medical student would expect to do live operations during his first years in medical school, and no civil engineering student would expect to build bridges after 1-2 years in school. Yet many people expect it to be different in trading. I get many messages from potential members, some of them tell me that they are new to trading but expect to make 10%/month. I tell them upfront that SO would not be a good fit for them. Over the years I probably have lost hundreds potential members because I like to set realistic expectations. I won't lie to people and tell them what they want to hear.
  3. 1 point
    I've added the symbol change from KORS to CPRI that occured on Jan 2nd 2019. https://www.theocc.com/webapps/infomemos?number=44304
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