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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER!

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To: AmericanVoter who wrote (859)3/23/1999 11:39:00 AM
From: AlienTech  Read Replies (1) of 2045
 
>>AlienTech, I empathize with you for your financial loss. I too have lost money on options... and have decided not to play with them anymore... my approach to buying stocks, is that I will only buy what I am willing and able to hold for an extended period of time... having said that, I try to always allow for wild gyrations with minimal chances of getting a margin call...
AlienTech, if I may, take a break, and re-evaluate your approach and modify it if need be.
<<

For options its money I am willing to take the loss on. The problem happened when my position trade was dropping rapidy, I sold and then bought it back, waste of commision. There is enough funds in the account. What I did not like about the deal was calling me and giving me an ultimatium that I am unable to meet easily.

And I posted my dealings with ETrade 2 years ago, Anyone who had read those would not have used them, Now all these people have accounts with them and NOW they post that oh they have so many problems, lost accounts, trades, checks etc etc etc.. If things happen to one it will happen to YOU, its only a matter of time.
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