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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: jazzcat2000 who wrote (44228)3/26/2002 9:15:34 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
Don, I do not trade options at all. I have four main "segments", a core, which is rarely traded, swing trades that are entered when a stock reaches the bottom of its box an example is TTIL today, where I waited patiently for weeks for it to come back under $28, my usual "buying range") or breaks the top of a box (an example would be the reentry into SKX above $17.75 few days back), day trading mostly in the like of the Q, CCMP, MU, and few others, and "special situations". Each segment is played by its own "rules".

Zeev



To: jazzcat2000 who wrote (44228)3/26/2002 10:19:50 PM
From: bobby beara  Read Replies (2) | Respond to of 99280
 
I'm a novice to much of this, especially all of the "alphabet soup" stuff, i.e., VIX, COMP, EMA's, $BPOFX, etc. I do try to follow your posts and hope you are correct on the rally. I do options, mostly all calls(ouch). <<<

Here's the best advice you'll ever get from your above described paragraph, STOP NOW.

Novices should avoid options like the plague,
you should only trade options after you have had 5 years of successful stock or index trading, and then option trading should be only 5% of your trading volume.

option trading is akin to putting your dollars into those giant slots on the trading floors in las vegas.