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To: Lee Martin who wrote (6190)12/11/1996 2:07:00 AM
From: jack c rains   of 186894
 
Lee, I have had all kinds of suggestions in the past about doing what you suggested and many other variations of it. I'm a very private person when it comes to finances or even naming my brokers. I just don't do it. Not even Jules, who has corresponded with me for years, can tell you who are my brokers. And, Jules would probably tell you that he doesn't learn a whole lot from me except maybe what companies I'm trading now and then. As far as trading or investing, it comes down to your goals and whether you are suited to it. In my opinion very few people are well suited to be traders - let alone options traders. Knowing that, many people now on this board who have read me for years will tell you that I in fact discourage others from trading the options. Most people just can't face up to it when they are wrong on a trade and get out immediately. And, the novice trader will all too often buy things when they have already went up and sell them too late. If you can't execute trades properly, you will go broke. This is a very competitive business. My mindset is that I'm competing with everybody and especially the MMs every day to get to the right trades at the right time at the right price. Consequently, as you read my notes, you will grasp the idea that there is no love lost between myself or the market makers. Good trading. Jack
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