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


To: Jon Khymn who wrote (4252)5/3/2004 10:10:06 PM
From: Dominick  Respond to of 5205
 
I had a similar experience with a stock that crashed. That's why I always use a collar when trading an individual stock.
A collar is not needed with indices like QQQ or DIA.

And I'll say it again, the most important aspect of trading is being able to forecast the direction of the underlying security and the use of a collar as your stop.

Dom