Options Message Board - Msg: 13486363

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Strategies & Market Trends : Options

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To: Adam S who wrote (6871)	4/24/2000 10:00:00 AM
From: edamo	Read Replies (1) of 8096

adam s "upset with myself if gmst rose" typical psychology you present, in the sense that you fear more the potential "loss of upside opportunity" then the real downside loss of capital. preservation of capital of utmost importance, if you have never traded options now is not the time to start. offset your gains with your gmst loss, but never make tax consequences the determining factor in your investment decision... if you are not on margin and believe gmst will rise again, then be confident in why you bought it in the first place, if you are not sure then sell it and wait until you see a clear trend reversal in the market.

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