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


To: robwin who wrote (3244)1/13/2002 1:56:26 PM
From: Dominick  Respond to of 5205
 
Thanks robwin:

I post my trades because there's a lot of smart people out there and I do value constructive criticism. For example, I've been trading options since October and due to my day trading habits I was flipping options daily or every couple of days to make 1/4's and 1/2's doing buy/writes in 1000 share lots.

Dan and the others offered various reasons why that wasn't a smart thing to do. So I checked it out and found that as long as the trade wasn't going to result in a loss, I could hang on to the trade until expiration and get the other half anyway.

My trading time frames are changing from minute trades to at least 30 days. I find this kind of patience to be very difficult.

Best regards,

Dominick