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mrsimo, you make excellent points, ones I should have already known about.
I was just getting my feet wet in options when I ran across the M3...I took the basic mechanics of the trade as I could find them, then started to apply them, really not knowing what I SHOULD know while doing this...
You explain quite nicely why I ran into trouble in 2016. And I think John Locke provides all sorts of ways to deal with an environment like that if you buy the complete method.
From what I was able to accomplish with the M3 while it was running good, I have no doubt his more complete M3 methodology would do even better.
I would have no qualms paying the guy $700 (I think that was the going rate last time I checked), but I just don't feel motivated enough to go back to options at the moment...
Did you purchase the method of JL? Or, like me, did you stumble across it in some obscure corner of the web, and then seek all the freely available info you could on the thing.
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