Replies to post #298358 on Option Millionaires

[cnvegas]

Nolerman, If I may add a word on your plan. It is a very viable trading plan. The 30% rule is great for working these markets today.

In order to make money with it and compensate for the commissions on the trade. Make a commission table out for yourself. Add into each trade after figuring out your 30%. Then divide that by your amount of contract to see your exit price. And you've covered the "costs" of your 30% trade.

I'm doing this a lot lately. I usually go for 50-75%. But that's my plan. I can do this two to three times a day. I see the longer you stay in the market the more the chance the market can hurt you.

Thank you for sharing your trading skills with the board.

[BULLET]

was saying these new guys, couldnt follow that trade and it gives false hope that its that easy is all. i dont trade for a living its just one source of income for me, my passive income, my small biz, and then my trades, 3 sources. as far as my comment was just talking shop, not literally. i will be posting my trades also. good luck.