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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Bridge Player who wrote (6349)4/12/2000 11:34:00 AM
From: PAL  Respond to of 8096
 
BP:

I have not followed the G&K thread (due to cruise vacation etc). I was just wondering: are we contributing to the pain of newbies who might think that option trading is easy from reading the success of the experienced traders on this thread. Do we need to put a banner: Caution: option trading is not for everyone. Are there newbies who are suffering from dipping their toes in option water?

I know someone who just started in the stock market and bought ITVU (Intervue), EDIG (E Digital) and some internet stocks thinking the market will grow forever, yet now is suffering at leat 50% drop. His own comforting words: I am for the long term ...

Paul