Works for me. I missed the bulk of the presentation last night but a good Q & A as always. Investools and this blog address a very wide variety of topics for a very wide variety of skills and experiences. We all thank you, Jeff, for sharing with us and we all support you in posting whatever will on the blog.

Jeff,
As complete novices to trading just 5 months ago and now comtemplating doing spread and condors etc. I am amazed at the learning tools provided and guidance provided by you and Investools folks.

I still think there is a missing step because we are struggling with putting a structure arround our trading. We got exposed to too much information too fast and now are having conflicting thoughts about every trade we look at.

Some thought arround on how to go about structring your trading rules and trading plans would be very usefull information for other folks like us.

B/w breakout patterns, support/resistence bounce, MA crossovers etc we are loosing our selves in what and how to trade. We are very aware of oscilator divergences and are talking out selves out of most trades.

May be a discussion about how to go about build a trading system/rules for starter options traders might be usefull.

I applogize if this is too trival a project and I could be wasteing other folks time here but I think this is one thing that missed in all the training we have been through.

What are you thoughts?

Mahmood and Sarwat Akhwands

Jeff-

I know i've suggested this many times before, but i believe another incredibly valuable topic would be for you to pull back the curtain and let us all know how the professionals trade.

Tell us the tools that you use, the software, the 'business structure' of living off trading income. Tell us everything you can about the daily life of a trader. This is what i want to be.

Nowhere can i find information on how the real computer options traders do it.

This is my strongest request.

Thanks as always. You are a rare gem. Please continue to be as interested in this as we are.

Now I'm off to California to watch our Cornhuskers get waxed by USC Saturday.

Brett

Remember the saying quality not quantity. That 40 % were those who just weren't ready for what this blog has to offer. constant challenges, and always taking it a little deeper. The 60% here are serious and committed to doing whatever it takes to succeed. Don't give up, stay focused on your goals! that's what I keep saying too myself as I work my way through this process. By the way ,I like it when you mix it up. It's alway good to step back lighten up and keep things in perspective.

Looking forward to your next post.

Sarah

I agree with Brett, I need some guidance of how to to set up a "trading business" for tax purposes. Although some Investools presenters have briefly mentioned at seminars to set up a corporation, I have yet to find a good "how-to" guide for the trading business.

Obviously Investools is not in the business of handing out tax advice, so this may not be a good topic for MastersTalk. However, if you could outline a basic step-by-step process of what you did, who you talked to (not specific names of course but rather what types of contact people we should be looking for) how long the process took, etc. I think this would be really helpful to newbies like me!

Thanks!
Rebecca Scalise

Hi Jeff,
I can only speak for myself, but I am much more interested in your knowledge than looking for a trade. With the knowledge, we can find our own. Better to teach a man to fish than to feed him. That assumes he likes fish.
Rick

I'd like to hear more about your favorite trading strategy: breakouts. I realize that your style is discretionary, but do you try to make it as systematic as possible? Do you always buy on the breakout? How do you determine when its best to wait for a re-test? Do you risk the whole amount when you buy OTM? etc.

Regards,