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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (48)1/17/1999 12:49:00 PM
From: speedbird  Read Replies (3) | Respond to of 611
 
Options trading sounds so complex

Everybody seems to say - trade options. But most amateurs are baffled by what they are. I suppose it is time to use a net stock ad buy a book on Options trading.



To: Mark[ox5] who wrote (48)1/18/1999 3:39:00 PM
From: Wayners  Respond to of 611
 
<<just pray your not the last one holding the hot potato.>>

That's a lot of how the game is played. Less likely to be the one holding the hot potato if you only trade stocks that are a prolonged--over 3 month uptrend. You are also less likely to holding the hot potato if you watch the volume closely. Usually when the volume first shows signs of not growing as fast--you are getting very close to a top. Don't be afraid to take profits if things don't look right. You can always buy back in intraday.