In Daniel's Class, he focused a lot on repairs. I would say 70% of his syllabus is on repairs, to let us understand how to react to different situations.

From my experience, I take around 20 minutes to try to get everything done. Of course in a crash, i would just take the market price. Then it will be filled instantly.

After repair, i normally tried not to pay attention to market news as it will affect our emotions.

I do agreed that Forex is risky, hence a stop loss is a MUST. With Options, I don't need one. Just monitor and manage my positions 5 mins a day.

Please advise, where to open the account for trading in options, I have attended Danial's seminar and he shown his live account from selection of S&P index, Turkey index, Crude oil and etc..

I would like to know, what is that account name, how to open the trade account for trading in options.

Kindly advise.. Thanks in advance.

Which broker? In singapore, try tdameritrade.

But really success on it wouldnt matter much on which broker you choose.

But tdameritrade (also known as tos / think or swim) has nice software and the info in it.

Hi Bentley,

Thanks.

Hi Bentley and graduates of options courses (daniel loh, terence tan, ken teng, etc.),

I was googling and studying options online and saw this US online club OptionsAnimal. It is quite expensive at around 6k US$. It is a an on-demand lifetime online course (complete course, including topics for total beginners), where you can review anytime anywhere you want.

I saw that they have some potentially very very helpful content on how to do the trades from start to end (including and especially REPAIR/ROLLING/ADJUSTMENT), by sharing a flowchart that shows actions that can be done based on each investment (option strategy ) type and market situation.

Example, trading a xxxx type of spread, then things go against your position, and the flowchart shows arrows and decision points on what choices you can do, or what actions you can do next. This is sort of (after learning the required knowledge and terminologies), a help on making the process a no-brainer and a good memory guide.

My question is. Does Daniel Loh's course (or graduates here of other instructors, please answer also), provide such good (visual) flowchart ('map' or 'guide') on choices of actions, per investment type, and per market changes. Like a flow below.



This post has been edited by JonRobin: Nov 4 2018, 02:41 PM

Very reassuring to hear Bentley’s feedback and yes it’s all
About emotional management and you can’t be greedy. Daniel emphasizes consistency at 5% return every month and this will compound to big numbers later on. I am planning to attend his class.

https://www.tdameritrade.com.sg/tdaa/index.html

U know seminar opening is a trend right? As long as someone got knowledge they open and charge you a fees. If you think 100% confident u can earn from investment after the tallk then go lor.

bro, please share how did you repair on cl recently if u have bps?
double lot downside or roll to bcs?
hope and pray strategy or crs?

https://www.tradingview.com/x/dlp8IE7h/

This post has been edited by aiklee10: Nov 14 2018, 09:41 AM

Any seminar is full of crap to me. None excites me, they can talk bout mentor and being a guru, but when u needed help, wont hear frm them. If u want to be good, u gotta do it yrself.

https://www.zerohedge.com/news/2018-11-18/o...s-short-squeeze

https://www.reddit.com/r/investing/comments...ose_everything/

Lesson.

1.No one cares about your money more than you. Learn how to do it and do it yourself. Dont give to nobody to let him trade your money.

The only reason why the hedge fund traders did that, traded without protection, is because it is not their money. They will never trade like that with their own money.


2.never naked short option.always hedge or limit damage from moment u enter.

This post has been edited by JonRobin: Nov 19 2018, 11:17 AM

the guru has 19 year experience in the industry , end up go burst

how to?

lol those option classes are very basic.
unfortunately in malaysia its only warrant, not options. u need to use US brokers to trade options. i dont think malaysian broker that offer overseas trading got extensive options trading available also.

not to mention u need to be familiar with the greeks, different strategies/hedging method, underlying stock liquidity, movement style, and then suit with your style. sometimes when the market open the volatility surge causing premium to go up which cause u blow up. your timing, psychology also plays big role. if u like day trading u need $25k by law. too many too list more but attending $4k class wont do the trick. i dunno also why some guys above relate options with forex. its totally different asset class.
true story.

This post has been edited by old_and_slow: Nov 24 2018, 09:55 AM

how about kathlyn toh?

Hi.
Anyone know when is Daniel Loh conducting his next option class in Msia?
Am keen to attend.
Thank you.

I.m one of the study of DL.
and I had finished taking 3 level of his class in Singapore.
Means PIS, Day trading and Elite Club.

I paid in SGD for PIS class is around SGD 4K,
so RM 4K is very cheap already.

I will suggest taking his PIS class,
eventhongh I still don't know how to 1 year earn USD 60K when have 10K USD, and also don't know how to earn USD 200K using USD 30K or 60K.
But so far after 1 year attanding for his PIS class, I get every month at least 1% of my money. but when the pre-class before joining, is told people 5% to 10% I'm not sure it is because I only using in Futures option only not in stock option market or what....
but better then keep money in the bank. 1 year max around 6% (ok lar it's more safe).

if you got time then you really may learn from book or youtube.
but with si fu teach, is more easy to understand and u can ask what you dont' understand. 2 day + 2 night class can learn most of the basic. at least can more understanding what youtube teach. and you can go class again no problem, just let them know.

Like my english is very poor, I need to attand in chinese, much more easy for me to absorb...

Like someone said, the more you paid the more you can focus. Free things maybe also very useful, but maybe not able to focus and learn.

Not very useful thing is repair when having issue. Just cut lost already ok... if not will lose comission

For Day trading class, i think the useful thing is the CRS system, how ever, i belived it is similary like Pivot.
If interest and take the course, please training in demo account 1st. I had burn my account in day traing. But it is due of didn't put stop loss.

For Elite Club, i think not worth it when you only got small account which below USD 20K.

This post has been edited by tattatheng: Nov 11 2019, 02:28 AM

how was the profit for BPS this week, do you have good month on FEB?
or nightmare & sleepless?

It's bull pull spread on index or other assets. For those interested, can go youtube and learn for free.