Glenn said:
This is what has lured the believers into thinking they are suddenly gods.
"Don't get drunk on selling puts in a rising market.
This means that every month you'll be making good money and you may start to think that it's your 'skill' as a 'trader' that's making the money rather than market circumstances (ie rising prices).
For as sure as the sun rises in the East the up-trends won't last forever and when prices do start falling and hence put options start rising you may not realise until it's too late that your once so successful strategy is now a disaster.
This is what I mean by getting drunk, and I've seen it happen to countless option traders "
Glenn
Vote is NO
To all members, Glen here has a few points of Truth you should consider for to assist you with the most appropriate Vote that will be in your own best interests.
1. Bulldozer is a Master Options / Derivatives trader.
2. He beat 7 of the best options trader here single handed.
3. He also raised cash for charities from those that he proved wrong! Hundreds of £$£$£ the losers paid to the charities direct with the Bulldozer not touching or seeing the money from the losers.
4. He does Not only trade NAKED OPTIONS as most are implying.
5. The Derivatives Options section is Dead without John C Bulldozer - The Master Options Trader.
6. Perhaps the "No" voters don't want to vote Yes because they know that he is the BEST, and they don't want to lose wagers against him to pay the charities or be embarrassed by his skills.
7. Bulldozer is good at making people like Mr Profitaker look ordinary, and at same time extract money from these guys on losing bets for good charity causes.
8. He was the only one, until Socrates started posting trades, that showed wining trades.
9. Mr Profitaker has Not showed One single winning trade yet. So dont let his opinions decide your votes
10. I'm sure i can twist his arm and return if the majority vote YES.
11. He got banned many times because he retaliated against the detractors. He never initiated the Problems.
12 . Many members here got banned Several times and are still here after their ban has been lifted.
13. Please keep your votes coming if you guys want the Master Options / Derivatives Trader back on T2W.
14 If you dont vote it could be counted as a No or a Yes vote.
15. Should we count No or Yes for posters who do not vote?
Thank You.