I've begun to learn how option trading works.
I've read a book or two. In addition, I've lurked on some of the SI Options threads around here.
Several books that I have read state that it is a good idea to Play It On Paper first.
This helps to prevent costly mistakes as you get a good feel of your success rate.
So this thread is being established to act as my notebook.
I'm starting with a ficticious amount of $10,000.
I figure that if I make my trades open to public scrutiny, perhaps it will cause me to be extra careful in my choices.
Instead of risking money, I'm risking public humiliation.
(Doesn't really matter, most people on SI already know that I'm a stooge...)
:^)
Anyhow, If you are a newbie like myself, I invite you to post your moves or questions here with me.
Perhaps we can learn together.
If you have a kind heart and you are an experienced options trader, please feel free to post your comments, suggestions, or moves.
I plan to use Technical Annalysis as the basis for my trades.
Hopefully this simulation will help me hone my TA skills.
I don't intend to Moderate this Thread. Please post cordially with an open mind and an open heart.
If this thread receives no traffic, then it works out fine as my cyber notebook of trades... |
