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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (25237)10/7/1997 12:47:00 PM
From: Brad Hill   of 58727
 
lisa--Yes on trigger levels, though I find them to be very slippery beasts. I do best when I get my head so deep in the market, and my options, that I can determine the trigger levels as they shift.

My big problem is exiting properly. I'm still on the steep part of that learning curve. In the last week alone I've missed thousands of dollars (a lot for me) in profits from exiting too soon. Missed a thousand in one hour today by closing too soon. In the last two months, the pattern of early exiting is clear, and the missed profits are staggering. I don't seem to have the courage to hold deep enough into dangerous territory. Still working on it, though...

-- Brad
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