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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (10221)	4/3/1999 2:05:00 PM
From: tranzz	Read Replies (2) of 14162

If I gave you an impression that I day trade full time, my apologies. I live in the Bay Area and this gives me an opportunity to get up early 5:30 AM Pacific and catch up on the latest business news, scan my stock watch list, plan my trades for the day, if any, and go through various SI threads that are book marked. I play mostly BB & Nasdaq stocks that are $5.00 or under, all the way down to the pennies. These are the best threads in SI you can lurk on IMHO. Subject 26168 Subject 26775 I go in and out of stocks several times, if I make 30-35 % profit I sell and move on. Sometimes, if the stock runs and has lots of steam left, I go for a 2 or 3 bagger (rare). I takes me 5-6 hours a day of staying glued to the monitor at home. Then I still have the rest of the day to go to my office and run a business and if not busy there, watch the market again. I have been quite successful with this method, because your investments are constantly moving, short term/day trading. But then due diligence is the first factor before you open a position. FWIW, I hope this gives an insight. Good luck to all.

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