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 (42302)5/5/1998 4:35:00 PM
From: Allan Harris  Read Replies (1) of 58727
 
>The irony is that on SI we have a host of people who trade options and lose money doing so -- futures trading is much easier than options trading,

A lesson that took me years and a lot of short-term capital loss carry forwards to learn.

>After my recent success with a couple of trades, I received a flurry of private mail/messages which seems to happen each time that I have a good trade

Hey, that's how you got my attention......

>The other reason is that an imaginary portfolio is the equivalent of simulated trading which is a far cry from real-time trading--less from an entry and exit stand-point and more from the stand-point of the disciplines entailed in following a system.

The raw emotion of having real money on the line every time you pick up the phone and dial your futures broker is something one has to experience to appreciate. What I remember most in the early days was how many times I dialed the broker's number only to slam the phone before connection with inexplicable, heart-pounding, indecision.


>BTW--what markets do you trade?

Currently, all my efforts are with the S&P and individual stocks. The S&P is purely neural net, the stocks a combination of various pattern recognition methodologies.

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