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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread
QQQ 627.17+0.1%Jan 12 4:00 PM EST

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To: AllansAlias who wrote (899)2/16/2002 5:01:33 PM
From: Ken Adams  Read Replies (1) of 4058
 
Allan,

If you're having success with your futures trading, by all means, stay there!! I think that market is where all of us should be trading, given the time to do so.

But, since I've been there and done that, I've come back to option trading because I'm more comfortable with it. I've looked at OptionVue (and several others). I've had a couple of telephone conversations with the original author of OV some years ago. But, I don't think option trading has to be that complicated.

For my trading, I concentrate in much greater detail on the underlying market direction. If I can nail the direction then almost any properly chosen option will make money. I don't even attempt to do the Greeks. I've never learned enough about them to know what they could tell me.

I go with the very old fashioned rule...K I S S ! Keep it simple, stupid!

Ken
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