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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (24471)12/12/2000 9:11:25 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Hi Keith: I've written extensively on my strategies for how I invest in ITM and OTM option positions. You've heard me say many times that I would not recommend my style to anyone. It's way too risky and you can get your head ripped off doing what I do.

I think a key factor is for each individual to develop their own strategies, their own plan, crafted around what that individual does best. One must learn to maximize what methods work best for them. Consequently, OTM or ITM options either one could work depending upon the individual plan. My plan works exceptional well for me, so I'm sticking with it until I need to change it.

One major theme in your post to me that is totally different than my view of what I do, how I approach the market, and my investment plan, is this ...... I don't place bets. I am not a gambler. What I do is investing, not gambling. That is a critical distinction in how we view our styles.

Take care, Keith. Have a great evening.

Rick