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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (2501)9/25/2001 1:15:06 PM
From: Mathemagician  Read Replies (1) of 5205
 
That's reasonable, but why not limit your potential losses to the same nibbles?

After a bit of thought what really makes me uncomfortable about Lindy's strategy is that he is "cutting his gains short and letting his losses run" rather than the more traditional "cutting his losses short and letting his gains run". That said, Lindy really shouldn't care a hoot about whether I or anyone else is comfortable with his strategy. As long as he is confident in it...

dM
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