DavidG,
I read your post and your statement I included below that you made is so true. I have followed that same basic strategy since the 25th of Feb, made an excellent return and not one loss,(I did get nervous on one trade and cut out at $12 profit.)
If I can set a reasonable profit goal,and hit it then I sell, no matter what., but if you wait, MU just comes back and erases those gains so fast, so be a short term trader on MU anyway, and be on the right side. Right now I may not be, this time, so it may be my turn in the barrel, you wont catch me holding this wet bag of puts til expiration.
Good trading....
Sell those Puts and Leaps when you see a profit and buy them back at a cheaper price another day. Then maybe you'll make money on MU. Buying Puts and holding on to them til expiration is a suckers game. God, even Skeeter, with the help of Pat, figured that one out:- <i/> |
