Welcome to the Options Box, Chic, and thank you for your thoughtful first post.
First, I'm glad you've taken the time to read a bit of our posting history here. This is not a thread where there are many different posters, but I'm proud of the level of discourse (whether it be TA, FA or political), as well as the variation in trading style we have among us. Contrary to what you might believe, most of the contributers are no longer simply buying calls. Your point is well-taken (and well within the majority opinion here, I believe) that we are in a bear market, or transferring from a bull to a bear and the strategies that once worked no longer do. The fact that you have learned this in such a short time speaks to your everlasting credit. Perhaps the fact that you weren't "spoiled" like many of us who learned to trade during the Bull accounts for some of it, but keeping an independent mind in the face of the still-rampant "buy in here, folks" mentality is admirable.
I hope to hear more from you. And thanks for the compliment on my gold trade. <g> |