Jim, You can't keep up if you only follow some of the trades. BTW, Dell is not $47 right now, not that that matters. Yes, I did buy my last third with the stock at $41. However, I sold two thirds with the stock near $35. And those weren't the first sales. I moved in and out of the April 40s, 37 1/2s and 35s several times before moving the original two thirds money down and out to May 35s and 32 1/2s. I have not had a real home run put yet this cycle (1500% or more), but I have had some largish winners. Dell is one.
The reason you don't get it is because you don't get the money management system. The profits go back into the pot on the 90/10. I can never lose more than 100%, but I can and do make many times that. I'm just sorry I didn't buy puts yesterday when your note gave a clear contrary indicator. Not as clear as your buy from Las Vegas at the absolute top right before the revenue disaster, but clear. <g>
BTW, read techstocks.com if you are really interested in low risk speculation.
Best,
MB |
