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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (18140)6/22/1999 6:55:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Thanks for the rah rahs. Note to self and all options traders. I walked off to work this morning confident that my backside was covered with a stop loss. Came to the realization noon that you can NOT have stop loss orders on index options and spent the rest of the afternoon in meetings sweating bullets unaware of what the market was doing. This is the second time this has been forgotten by myself and the last time it cost me a very profitable trade.

No data downloaded yet so no opinion on the market.

LG - Hope you made out OK during the nice bounce in the afternoon.

Good Luck,

Lee