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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (162164)1/8/2012 2:04:43 PM
From: Bearcatbob  Read Replies (2) of 206183
 
"Even on an extreme event where a stock were to open at zero in the morning, the naked calls wouldn't bust the account. These are small trades."

Such a situation should make you jump for joy with a 100% profit.

Your 200% rule I need to follow more.

My only comment to Doug now is selection of an entry point using charts.

I obviously do not agree with your aversion to spreads. IMO some morning we could easily wake up with Futures down 1,000. I see the world fiscal situation as very dire - but that is me.

Bob
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