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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: bobby beara who wrote (44244)3/27/2002 1:10:11 AM
From: Psycho-Social  Read Replies (1) of 99280
 
To JazzCat2000 re: 'avoid options like the plague.'
Amen to that! Most of the successful traders and investors here structure their systems so that, if they're wrong, they get the Market return, minus commissions, or break even. Traders who play with eroding derivatives, whose value declines as a function of time, eventually lose - a little or a lot. If you want to write options against stocks your own, that's a different matter. If you're eager for greater risk, I'd suggest leveraged funds that have a higher volatility than the underlying index they track.
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