Quote:
Originally Posted by FMCoug
Just thought of an example. I once attended an options trading seminar and got in a discussion with the guy next to me regarding covered calls. He said he didn't like them because the return was too low (only 5% or so per month). Perfect example of the retail options trader who has been sold the bill of goods by the seminar / dvd / newsletter providers that you can make enormous returns trading options directly.
These are the people that eventually lose it all and give options a bad rep.
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When it comes to investing, if you think you're going to get a return more than 1.5 x market average, you're in a get rick quick mentality, and IMHO you lack understanding of the market. You're talking 10 x market return vs 20+ x market return. You're in la la land as far as I'm concerned.