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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James F. Hopkins who wrote (12034)12/21/1997 4:31:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Jim,

You are missing the whole point of what I do...

I trade options which is inherently risky. TO REDUCE THAT RISK... I make sure at LEAST the general market is in the same direction as the trade I am interested in. Or vice versa...

So when I get a BUY signal, for example, I use the EXPLORER feature to find various stocks which may have a strong potential to move up... if I have an index of the group I also check that... then I chart the bejabers out of the small group of stocks left and I pick one.

So far I have been right each and every time since I started using this method several months ago... but the BAD NEWS is that I frequently do NOT get into the option trade I pick because I have very high standards of risk-reward I insist upon to make sure I have a good CHANCE of making money.

Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext