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To: Patrick Slevin who wrote (13459)4/26/1998 3:28:00 PM
From: j g cordes  Read Replies (1) | Respond to of 17305
 
We are in agreement on trading tp to pt, the most important thing is to have movement/velocity_ and an active range within which to operate.

Lately I've been trying some small stocks in the .50 to 14.00 dollar range. With the hyper sensitivity to movement one learns from trading options I've been surprized at how well one can do trading actual stock... and there's no time premium. It been fun buying at say 4.25 and selling out at 5.50. With the more certain efforts, margin helped as well. I haven't gotten very much into actually shorting stock... in that direction I still prefer puts although with many small stocks puts can't work due to spread and commissions... or not existing at all. But back to the first premise... movement must exist or there's no point in trading.

Have a good weekend, what's left of it.