Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: James H. Irwin who wrote (31125)	12/12/1997 3:00:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

I knew that sooner or later we would rub off on Tom.... he has CHANGED so much since he came to SI..havent you ICE MAN...or maybe we just found your passwords

To: James H. Irwin who wrote (31125)	12/12/1997 3:17:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 58727

Hi Jim -- I really enjoy day-trading The problem is that I am not very good at it and also it requires that I am totally dedicated to watching the trade till I exit it -- which is rather draining for me. Today's trade was close to being a no-brainer because it was a large gap open within a strong down-trend and although there are no guarantees, the odds were excellent that it would reverse for at least part of the day. My instincts were right about selling puts into the sell-off at the 50dma--but I did not do it--in part because it would have been a trade against the trend which I am averse to doing. >>Hope you made a bundle today It was a nice trade --even though it was only a couple of points profit--but if I could do it often enough, I might get hooked on it. How well do you fare when it comes to day-trading??