SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Trader who wrote (30829)12/10/1997 1:38:00 PM
From: Kevin  Read Replies (2) of 58727
 
>>>Now Kevin, I am impressed--I mean it. You have really become a very disciplined systems trader.<<<

Thanks Tom.

I still let my old habits shine through sometimes.
Friday I did a non-system based trade near the close of the market.
Bought OEX 470 calls. I did not post it here, because it was a play based on intuition. I never feel comfortable posting trades of this type. The only person who knew I entered it was lisa. My reasoning was how the market shrugged off the strong eco data and actually made a new high on Friday. IMO, I said we were heading for 1000 in 1-2 weeks.

To me, this is a weak reason for entering a trade, and that's why I don't share the trade (real time anyway). The trade was a gamble so I didn't use as much $$$ as I do on my system-based trades (which is a good thing since I am down over 60% on it right now).

So as you see, I still do gamble trades (but not many) and I still hold without taking the loss and moving on (but I don't do this often anymore).

Talk to you later.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext