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To: roto who wrote (33861)2/24/2007 3:50:14 AM
From: koan  Read Replies (5) | Respond to of 78421
 
Still up.

Yes, that is correct i.e. wts are just a stock option contract that gives you the right to purchase a stock at a certain price for a certain amount of time..

Playing wts requires knowledge directed perception. I do not mean that in a boastful way, I mean it in a descriptive way.

I have played poker for 40 years. It usually only takes me a few minutes to figure out the table i.e. weak and strong players and how they play. Hands I can play almost instantanously.

Wts are the same thing. They take practise to understand. They can be safer than stock (which is weird and sort of hard to explain), while providing leverage on the upside.

wts can also be dangerous, but not so much once a person has developed that knowledge directed perception. I have made almost all my money on wts over the years.

This is the only thread I post on and I will try and help the newbies who want to learn over the next few weeks.

Understandingn wts is a very powerful weapon in ones investment arsonal.



To: roto who wrote (33861)2/24/2007 6:28:02 PM
From: maxncompany  Read Replies (2) | Respond to of 78421
 
loachscout...........with TDAmeritrade, once in a while when entering a US pink symbol for Canadians, the order just sits there. When that happens, edit the order by a penny even if your original order is within what is offered on the ask. It's not the extra penny that makes the difference, it's that the edit gets there attention. It's usually not necessary, but when it is, it's usually when they use Cannacord. They also use TD Securities now (they used to use Cannacord exclusively), where that doesn't happen often, and TD Securities doesn't usually mark up the price like Cannacord does.