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

To: Tom Trader who wrote (42302)	5/5/1998 4:01:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

interesting post about PFE and blindness....but AT admittedly has a thing for VVUS ;-) Message 4335339

To: Tom Trader who wrote (42302)	5/5/1998 4:35:00 PM
From: Allan Harris	Read Replies (1) \| Respond to of 58727

>The irony is that on SI we have a host of people who trade options and lose money doing so -- futures trading is much easier than options trading, A lesson that took me years and a lot of short-term capital loss carry forwards to learn. >After my recent success with a couple of trades, I received a flurry of private mail/messages which seems to happen each time that I have a good trade Hey, that's how you got my attention...... >The other reason is that an imaginary portfolio is the equivalent of simulated trading which is a far cry from real-time trading--less from an entry and exit stand-point and more from the stand-point of the disciplines entailed in following a system. The raw emotion of having real money on the line every time you pick up the phone and dial your futures broker is something one has to experience to appreciate. What I remember most in the early days was how many times I dialed the broker's number only to slam the phone before connection with inexplicable, heart-pounding, indecision. >BTW--what markets do you trade? Currently, all my efforts are with the S&P and individual stocks. The S&P is purely neural net, the stocks a combination of various pattern recognition methodologies. Allan