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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (11931)11/29/1999 9:53:00 PM
From: jaytee   of 14162
 
Hey Herm: Thanks for your detailed answer. Here goes my reply to your questions:
1) How many positions . . . ? I agree. Depends on how much DINERO. But, I could begin to grow a "stable" of prospects to watch/nuture, and get to know real well . . . so that I would understand their temperament when I switched to one of them if I got called out of another (or if it was stagnant)
2) "If one can't read charts how can they make money" . . . exactly my sentiment. This site/software has excellent charting too. And as far as me . . . reading is what I have been doing (3 books now on charting/TA). And I am, as I said, a "hands on " guy. My learning curve shrinks as I DO charting . . . (studying and comparing charts and noticing nuances while making copies for future reference). I'm inclined to believe one will "make money" (on a steady basis) only when one has a "system" (like WINS, for example) fully understands it, and BELIEVES in it and THEMSELF based on the experience and knowledge they have acquired.
3)Plenty of leads right here" . . . How about we have a day of the week for a "deadline" where all so inclined could turn in a prospect accompanied by url's and supportive info (sites, fundamentals & charts) to validate our reasoning. And hand in our homework for you/and the group to share & critique. It might increase "quantity of leads" and further the learning curve of many of us here(and who knows) maybe even make us some MONEY>
4) "Plenty of good chart readers here (for free)" . . . I agree. And appreciate all of you. But, just as my daughter tells me. . . I Just want to learn to drive on my own some day. Not just "go along for the ride"(even though it's a comfortable"back seat" here on your thread).
5)"Reading charts time consuming" Yes, but rewarding and fulfilling.
jaytee
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