Dave & Linda:
Yes, Price may be in charge some of the issues but not many.
Sooner or later, I believe, you may be on Don Fishback mailing list. Otherwise, I like to send you his stuff. Actually, Bernie's "option wealth builder" was done by Don. If you check his web side you may find out. They said that people made a lot of money not by buying but selling options.
I don't blame Bernie or anyone. I know nobody has the crystal ball including computer. But sometimes, I feel outrages by someone who claims having a super solution by selling those$2,000+ service.
I used to use software like TC2000. and bought Superchart3.0. I disconnected TC2000 more than 2 yeasrs and just doing better. I never use SC3.0( I feel though it costs 10 times of TC2000, I didn't like it) and re-sold to other user. I received OmniTrade3.0 demo from Nirvana. I feel it may be a lot better programs than SuperChart4.0 from Omega Research. Also, there are option softwares around cost as low as $200(One produced by Austinsoft) and you can get real time feed data too. I don't like real time data because it costs me too many fees and I have no time to sit in front of the computer all days. This internet is the best source and keeps me busy enough. Personally, I more like in the money option than at the money's. I don't like sophiscated strategies like butterfly, condor, or spread. It is hard to handle those trades and fills the orders. you may ended busy paying commissions. IMO, simple is better.
I don't subscribed newsletter either now. From my memory, I like Cabot newsletter from Carlton Lutt who was slashed by media.
Wish you succeeded in trading and hit a home run. Therefore, you can give us more confidence and enlightment to trade option.
Good luck!
Hui |
