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Re: Daniel Kertcher/Platinum Pursuits - Serious or Scam?

Well now this interesting. Every trade starts at break even less contest risk. So at inception you are already less than break even. So you are immediately stopped out?

Ok let's let the trade develop a bit. Because you have +delta in a synthetic naked put, any immediate move down will have you in a loss situation... so how does this break even stop work when you are immediately underwater.

An Orangutan would realise that you haveto be in profit first to be able to ahve a break even stop. A break even stop is a logical absurdity if you are in an open loss situation.

Additionally, IIRC a CFD gauaranteed stop must be at least 5% below the entry price. If your stop level is hit before theta has eaten away those deltas, you have crystalized a loss there matey.

Any lame-witted knucklehead will be able to see the mechanics of this with any options modeller, but somehow, as well as turning water to wine, walking on water and feeding the 5,000 with a mouldy loaf of bread and a decomposing blowfish, Kertcher is able to overcome the reality of the option pricing model.

Any nooooobs reading this and attracted by this impossibility, invest $100 in a Hoadley OPM and learn how utterly fallacious this person's claims are.

I am calling you out on this Alvin, There is not a retail options trader on this end of the milky way who never has a losing month. This is just USDA Grade A bullshyte. Pure camel dung. Laughable.

I have all the evidence I need to know a/ this guy doesn't trade at all or b/ is lying through his @ss.

There, now you have some impetus to prove me wrong. Go for it.