Hi VoyK,
Welcome to the thread. Yes, both you and MarkZ nabbed my mistake. What I meant to say was that "Did you know that orders of ten contracts, placed to sell at the bid, are executed automatically....."
You did very well on those JDSU calls yesterday. Good work. I'm assuming you took profits. As I write this, the Nasdaq futures are down about 60 points, fortelling a selloff at the open today.
Regarding QQQ options, I've not had great success with them either and agree with MarkZ that there must be an extremely large (and rapid) move in the Nasdaq 100 in order to profit from trading the Q's. I think we'll get one today, but in general it seems to me that trading OEX options, for instance might be easier.
You get the OI Newsletter? I love it as well. The seminar was worth every penny in terms of time and travel expenses.
There were many people from England, Australia and New Zealand who attended, by the way. I spoke to a number of them and they were unanimousin feeling that the trip was worth their time, FWIW.
Jim Brown himself gave a number of lectures, as did Chris Verhaeg and the female writers. They had so much material to present that the daily schedule had to be lengthened: we started at 7:00 am and stopped at about 10:00 PM. They provided breakfast and lunch (as promised) and dinner each night as well once it became apparent that they needed extra time for presentations. To a person, I found them knowledgable, skilled lecturers, and extremely enthusiastic. They made themselves eminently available to all conference attendees. I'm planning to attend another of their seminars in the fall or winter.
PS: I just looked at your profile and can promise you that you won't be treated with anything but kindness and respect here, so not to worry. <g> |
