VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: freeus who wrote (9778)	10/25/2000 3:18:03 PM
From: im a survivor	Read Replies (1) of 65232

Thanks Freeus....I am beginning to agree. I think trading calls takes a certain type person. First, you must be able to take profits. I am one of those folks that simply hates selling anything that is moving upward. It's called the greed factor, yet I have no problem selling something when it is down<ggg>. I don't think that is a very good combination.....Plus, one must have patience. If the call is more then a few months out, well, we all know with the volatility today, that lots can happen within a few months. If your patient and can withstand the downtrends, you should be able to use a pop to get out of a call that went against you.I am not a patient person by nature so again, not a good combination for trading calls. Anyway, this market is like an emotional rollercoaster. I was so convinced on monday that we had seen the worse...I mean I was really confident about that. I felt like my personal portfolio as well had seen the worst and was going to start seeing some nice appreciation. Somehow, just 3 days later, I am back again to the lowest level I have ever been at...It is simply a mind numbing experience. Allright, better stop with the whinning now befpre I get carried away....I sure hope certain folks have me on ignore by now. Happy trading keith

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