Ok, ed. I'm just not big on loans, except a mortgage. I'd rather work (earned income) and spend that on living expenses, with the leftovers for investing.
Again I have to say that while these boards are fun, no way would I want to become a full-time trader. At one time I did want to, but after much thought I decided it wasn't for me. I enjoy a good trade very much, but like you, I'd rather go for the longer time horizons. The problem with trading too much is that a good trade profit is then put towards a not-so-good trade, and very quickly those profits are gone. Besides, I'd rather spend my energy during the day doing something I truly enjoy, which is not following every ripple, as I've said before. For some, that's fun, but I'm just not into it that much.
BTW - MSFT at $115 by Oct would give me a quadruple on these Oct call options. I'm thinking of hanging in for it. If nothing else I will be putting in a stop-loss order at some point. |
