Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: roto who wrote (33861)	2/24/2007 3:50:14 AM
From: koan	Read Replies (5) of 78419

Still up. Yes, that is correct i.e. wts are just a stock option contract that gives you the right to purchase a stock at a certain price for a certain amount of time.. Playing wts requires knowledge directed perception. I do not mean that in a boastful way, I mean it in a descriptive way. I have played poker for 40 years. It usually only takes me a few minutes to figure out the table i.e. weak and strong players and how they play. Hands I can play almost instantanously. Wts are the same thing. They take practise to understand. They can be safer than stock (which is weird and sort of hard to explain), while providing leverage on the upside. wts can also be dangerous, but not so much once a person has developed that knowledge directed perception. I have made almost all my money on wts over the years. This is the only thread I post on and I will try and help the newbies who want to learn over the next few weeks. Understandingn wts is a very powerful weapon in ones investment arsonal.

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