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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (19392)	6/29/2001 2:11:07 PM
From: Rich1	Respond to of 30051

<(2) "options AAA", well in my younger days(g), I knew a few option traders on the Pacific Exchange in San Francisco. There I learned the only ones that consist at making money are the "delta neutral" players. And they say it is very boring. And they pay no comm, only a monthly fee. (3) After a few years,my SCH-D showed me that "I am an option loser" and therefore qualify to join "options AAA". (4) The biggest problem is finally admitting to one self that options are a "losing game".> Larry everything you are saying about option is the truth IMHO..

To: TREND1 who wrote (19392)	6/29/2001 6:00:38 PM
From: ajtj99	Respond to of 30051

Larry, I've been playing options for only a year, so I guess I've used up my lifetime of options trading. And yet I go on trading. I must have an inexhaustible supply of money or a decent trading history. I'll leave it to you to determine which is the truth. I trade primarily QQQ options. Once in a while I will delve in other issues when the charts indicate a coming breakout or drop, but those instances are pretty rare (only one in the past 3-months). If there is a Margin Anonymous, I might consider a membership. I stopped using margin in early March 2000, at about the correct time I guess. It didn't save me from losses, just killer margin calls that wiped out many people.