Herm, thread, I've been reading along for some time (since before joining SI, actually), and occasionally butting in of course, but now it's past time to introduce myself.
First, like many before me, I want to thank Herm for the tremendous effort he's put into this thread and the great generosity with which he's showed us his methods and mental processes. These are nuggets of pure gold; and the wonderful thing about them is that no matter how many of us pick them up and take them to the bank (the word is ca-CHING, I believe), they're still here to be picked up by the next prospector. Magic nuggets indeed!
Many years ago I lost more money on options than I could afford and reached the correct conclusion that I didn't know what I was doing, so I quit. Since then I've been accumulating stock through many good stock years and now have $$$$ put away and $$$ more to put at some risk, by which I mean crank out higher returns (ca-CHING).
So here I am getting the education lacking before, and making good progress (for a duffer, anyhow), though there's a long way to go yet.
PBS tells me my password's in the mail, so it's a-coming time to get my feet rewetted (I could trade options at Schwab all along, but commissions are outta sight). I'm looking forward to it, though I admit with trepidation firmly rooted in experience (an experience I do NOT recommend). I'm comforted by the rule against losing money here. I'm no union man, but I definitely intend to work to the rule!
I have learned and continue to learn a lot from all the many contributers on this thread--lots of good heads with lots of knowledge in them--not to mention McMillan and sites around the web, especially SI. (I'm sure to be asking a bunch of questions in the future too.) But here I think we all agree that Herm is the man!
Thanks again, Herm.
Regards,
Spots |