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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: William who wrote (1069)6/18/2001 2:55:53 PM
From: JohnM  Read Replies (1) of 5205
 
I also will use limit orders and let the market come to me. I think the more option trading you do, the more likely you are to use limit orders.

Hmm, thanks.

As I said to Frank, so far I've not been hurt by using market orders. But, given that you and Frank are clearly the voice of experience, I surely will be.

Since I'm beginning to sell more contracts and to look at cc writing as a way to generate monthly income, I best watch all this very carefully.

One of my problems is that I tend to organize my time such that Sunday evening is my time to plan cc strategy. Come Monday morning, I'm ready to execute, then go on to the next good thing. Impatient. A part of my makeup that doesn't work well with option trading. Got to learn.

John
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