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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mathemagician who wrote (2462)9/22/2001 1:16:49 AM
From: LindyBill  Read Replies (1) | Respond to of 5205
 
all else is not equal and then applying principles of prudent capital management.

I agree. However, I think my chances of getting caught in a rapid rise in QQQ right now are pretty small. I know that people set in front of a screen all day and do get out on a .75 rise or fall. I am thinking that I am pretty safe in riding out a high side move of say, double my downside move at the moment.

But you are right. I will have to have the discipline to get out on the high side at some point. Your point that it should be the same amount either way may be right, and I will have to get it right quickly. Thanks very much for your input.