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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe -- Ignore unavailable to you. Want to Upgrade?


To: David Lind who wrote (440)3/14/2002 10:33:06 AM
From: Ira Player  Respond to of 1064
 
Don't forget the quote from the movie "Wall Street".

"A fool and his money were lucky to get together in the first place."

Ira

ps: Good advice on Options trading. Buying and selling stocks required a decision on directionality in the market. Buying and selling Options requires a decision on directionality within a specific time frame, after paying a premium for the position. A VERY CRITICAL difference. You may be absolutely correct in the direction and miss the time by a little and take a 100% loss.