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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: rydad who wrote (2155)8/20/2001 6:52:50 PM
From: alanrs  Read Replies (1) of 5205
 
Do you think a person can make a living off of a simple covered call or selling puts strategy?

While I'm sure it is possible, my main concern is that NEEDING to make money on options would alter my judgement.
It seems a lot easier to let the market come to you, which requires the time and financial cushion to wait when that seems appropriate. I always figure that how I react to various investments is at least as important as company or market factors. That's one of the main reasons I can't paper trade-it doesn't tell me or teach me anything about how I'll do when it's for real. Some people don't seem to have this problem. It's the old "know thyself" stuff.

ARS
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