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Strategies & Market Trends : Advanced Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: Tom K. who wrote (71)	7/26/1998 2:21:00 PM
From: Joe Waynick	Read Replies (1) \| Respond to of 355

Tom, there's no reason you can't get the triple digit returns! If you have options approval, you can do RRT with 2 contracts. I still only trade 2 or 3 contracts today when I'm naked. Small steady returns is what keeps me ahead. The $$ aren't as big, but 200% is still 200%! Remember, a 6% minimum monthly return on your entire portfolio will double your money every year. I'm not getting 200% on my entire portfolio. Just on targeted plays that average 6% - 8% for my entire account each month. That's plenty for me. Small trades also limit your losses. Read McMillan, CBOE, and learn from guys like Herm, Doug and Greg. You'll be doing advanced strategies before you know it.