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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.87-0.1%3:59 PM EST
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To: bacchus_ii who wrote (73031)3/3/2002 10:18:45 AM
From: niceguy767Read Replies (1) of 275872
 
bacchus ii:

"Now, could you explain why paper profit is different than cash in your account. Especially if your cash is in our northern peso these day :-)"

Talk to any trader who has been around for any time...The hardest thing to learn is not when to buy, but when to sell...In options, paper profits can vanish in a heartbeat...If AMD falls back to $13 next week, Elmer's paper gain on his cc contract vanishes...In options you haven't won until the option has expired, or until you've unravelled the position...
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