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Strategies & Market Trends : Tech Stock Options

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To: coug who wrote (46844)	6/25/1998 10:31:00 AM
From: coug	Read Replies (3) of 58727

Continued Market Comments to use up band width.. Index Options.. Although I still occasionally play a few contracts, I have a difficult time cutting my losses with them because I have a predetermined finite loss.. where as with futures, I see a infinite loss with a bad trade, I can cut it quickly.. I believe most retail option players go on hunches and then "Stay n' Pray" hoping it works out.. And even playing a few contracts in today's volatile markets can lead to significant losses(thousands).. And most brokers I've dealt with on options don't have a clue.. They view it as a haphazard bet when they think see a top or bottom.. I ramble on some time because it helps me stick to my rules.. My dog is tired of listening.. Ah... the lonliness of a trader.. Good luck.......the lonely Coug

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