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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: P.Prazeres who wrote (39777)	5/3/1999 6:10:00 AM
From: William H Huebl	Read Replies (3) \| Respond to of 94695

Absolutely, Paulo, I am reading a very interesting investment book which professes to turn you into a pro... one of the keys to success is limiting downside risk! Now if you flip a coin and buy an option... THAT, IMHO, is gambling. If you pick an option and have no successful strategy for doing so, THAT, IMHO, is gambling. But if you have a successful strategy for picking options, limit the risk, and have a high (read that "huge") reward to risk ratio, THAT, IMHO, makes sense. IFF (if and only if) you have a SUCCESSFUL option selection strategy! I guess time will tell, but people DO make good money in options... I am trying to find out how they do it! Thanks for caring... Bill