What you really need is a derivatives advisor/consultant because such a consultant can give you absolutely fair and unbiased advice. A consultant%u2019s interest is not in conflict with your interests because his income is not dependent on how many times or how much you trade, he charges a nominal fixed fee for the service he renders to you. He does not benefit from either making you trade more or trade less. His interest lies in giving you good advice so that you make profits and continue to take his service. So his interest and your interest are the same. Therefore, a consultant will have purely your interest in his heart.
You must consult with a derivatives consultant if you want to invest/trade in Options and Futures. A derivatives consultant will help you with advice in an unbiased manner because his interest is not in conflict with your interest, in fact, your interest is also his interest.
RE:Why people lose money in derivatives (contd...)
by xyz abcs on Aug 28, 2007 09:20 PM Permalink
since he does NOT benefit from advising u, why would he feel like giving u a comprehensive analysis? he would get his fixed fee irrespective of the advice he gives. very few people have OTHER'S interests in their hearts.
RE:RE:Why people lose money in derivatives (contd...)
by Munish Oberoi on Aug 28, 2007 10:09 PM Permalink
I assume u are just another xyz in the market. To correct you he would NOT continue to get his fixed fee for much long if he were to give biased advice and his clients lost money. Do you get that past your thick skull.
RE:Why people lose money in derivatives (contd...)
by Anoop R on Aug 28, 2007 08:09 PM Permalink
Did you become a guru after losing all your clothes in derivatives?
RE:Why people lose money in derivatives (contd...)
by Munish Oberoi on Aug 28, 2007 10:06 PM Permalink
Hahaha I made more money when all of you lost ur pants when the market crashed. Period.
I traded in Puts and I use some of the most advanced Options pricing tools that are there in the world. Period.
