Recent content by hjcolvin

Here is a website where you can get some educational material http://www.onlinetradingstore.com/index.html I personally have purchased some of the self study courses and found them informative. To echo the others who have posted here. There is no quick/easy road to success. Because if...

Check out Option Money. I subscribed and it is about 30 a month and I have been really pleased.

There are a couple of issue in the directional trading of just going long an option. First, you have to time the market correctly on direction and amount of movement. Second, you risk too much with this strategy as opposed to doing a spread. However, with those two things said I do like the...

another good take on the option selling strategy would be to know how many options were sold and then bought back at a percentage decrease. For example, sold for 1000 and bought back for 800. The reason this is more interesting in my mind is because it is rare to hold and option to expiration.

I aggree on the Calendar spreads. I am trading of the QQQs and DIA

In trying to develop a good strategy I have tried both, but prefer the dollar amount.

Is the material you are learning in studying for this designation help your trading?

Hello, I was wondering if anyone out there is using the Option Money software? If you are what are your thoughts about it. Joe

since I started trading I have for the most part traded only options and they were always reported by every brokerage I have used

I am currently trading cc's, but I am concerned about the possible price decline in the stock. I was wondering if anyone had any advice about how/where to set your stop loss on this type of position.

@greensail. I just started subscribing to terrystips also. How sucessful have you been with his strategies and have you tried them on any other indices?

As a relative newbie I will also be posting more in 2004. I just hope that we can learn from one another and be beyond prosperous in the coming year. Here is hoping we have to pay the TAX man a lot in 2005, because of all the money we are going to make in 2004.

I totally agree you about the strategy, because I am doing the same. My problem is the exit strategy. Usually I set the position up to be called away, but in the case that the stock moves against me I am trying to determine when I should start looking for the exit.