Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (12067)	4/11/2000 1:08:00 AM
From: Jim Willie CB	Respond to of 35685

you offset that shallow Poet nicely RR5, I agree that options can be monumentally profitable I only attempted to make the point that despite January heavy profits, converted to QCOM shares, that I was still considerably under 50% in successful option trades the key is not to permit the losses to be large, and to allow the winners to run rampant as you say, gotta cut off the losers early from 1989 to 1995 I would say that my winners were 20% but the net was only slightly negative I had some big winners on option calls on my old employer Digital (DEC) when Alpha chip first came out in 1992, then shorting DEC later with option puts when we all realized Alpha had zero software applications and would wilt on the vine I actually never had very large option losers until January y2000 just now with February QCOM calls in the past, I have countless small and medium losers thank you for your voice of reason, with some depth and character much appreciated jeez, Jim Willie