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SEIL | Great. You are one of the less than 5% that have made money buying options long term. You are ahead after your last 20 or so trades when you purchased options? Always wondered who one of those guys were?
92% of options expire worthless as most traders know. Keep on buying at those odds and after 50 or so trades, you, me or anyone else will likely be behind. I am way ahead of the craps table at Casino Aztar but I certainly wouldn't advise playing as a sound financial decision. Just like the atmosphere.
Now "Selling/Writing" options is a different story that I highly recommend. It's like selling insurance without any regulators.
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walsh trading
