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Strategies & Market Trends : Tech Stock Options

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To: David Cope who wrote (5984)3/12/1997 12:37:00 PM
From: Kevin   of 58727
 
>>>Im sure that what ive said contradicts every known trading rule
but there you go....<<<
I almost posted the same thought when I described my 'rules'!

>>>$1,000 profit is $1,000 in any language, and I try and remind myself constantly what $1,000 means in the real world. <<<
My recent 'trading flaw' is the fact that I want 4-figure profits, but the first number needs to be 4 as well, if you get my drift. That's why I watched a $2,000 profit disappear from the puts I shorted on ASND. I didn't think it was worth closing the position until the profit was twice that. Matter of fact, I did the same thing with USRX & ASND last month 9before expiration). Didn't think my profits were big enough so I waited.

Oh well...I need reality checks every now and then to keep me on my toes :)

>>>not sarcasm at all just friendly banter. I appreciate all your
comments and opinions. <<< Excluding my abuse of Judy, I'd say this thread has really changed for the better. There's actually ideas being exchanged, and tactics & trades being discussed, like the good ol' days.
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