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Here ya go guys. I found another analogy...lol Pretend that you borrowed your neighbor's lawn mower, which your neighbor generously says you may keep for a couple of weeks while he's on vacation. You're thinking of buying a lawn mower anyway, so you've been researching the latest...

Yeah, a lot of people who don't trade much get confused with the concept of short selling. In your example, you would have sold stock you didn't own, but you would have to buy it back eventually. In your example, for a loss. When you sell a stock short, you want to buy it back at a...

Best to check with your broker, and see what he requires. For example, maintaince might be as high as 50% if it is a concentrated position. Plus, account requirements can differ dramatically when you sell options naked. For example, Preferred Trade requires a minimum $65,000 account to...

LOL...good one.

Sounds like a plan...but, I've heard averaging down can get you into some trouble. :D

IMHO...one of the better methods for day trading (having all positions closed at the end of the day) is just trading off intraday support and resistance levels. (not to be confused with traditional pivot levels) Now, whether you want to go with the flow or trade against it (fade it) or both, is...

Yep, one of the reasons I quit doing it. I might make $500 one month, and then the next month the stock would surge to my stop in 2 days after I put on the strangle, so, because there's still plenty of time value in the put, there goes half of my last months profit in two days. Probably...

Yea, that's what I used to trade. It's still my favorite strategy. Back in the old days (late 80's), brokers required hefty accounts to protect themselves. So, with a $25,000 account I could trade maybe two otm strangles at once. But, the money wasn't that great, so I moved to S&Ps'. Then...

Here's good site to get a lot of info on tax treatments for particular instruments. Green Tax

Thanks...nice article. Here's a quote from the article. "He never trades individual equity options. He considers there jump potential too dangerous" Great advice from a 25 year veteran...

There seems to be quite a few quys who do a lot of back-testing on this board. But if you don't get much help, you might take a look at this site. That's all they do, is back-test, and I'm sure someones tried something similiar. Wealth-Lab

You seem to be forgetting there are people reading these boards who don't know what a market order is. I just felt the post might be confusing to them. Sorry, to have upset you.

LOL...once again, I think we have a poster who's just joking. For those of you who aren't familiar with options, I wouldn't recommend using market orders. Use a limit order. It's your money. Get your price...:D

Keep in mind, if you sell puts on a small stock, say the $10 range, you're gonna get maybe a 1/4 or 50 cents an option. You'll probably get tired of that and want the juicier $50 and up stocks so you can make a couple of hundred in premium. Stocks that do have the potential to do some...

LOL...I'm sure you're just being funny, but for the folks reading this thread, who aren't familiar with options, I wouldn't recommend buying either. Here's your typical scenario...(or at least it was years ago when I traded options) Stock XYZ is trading at $50 a share, so you buy a...

I wasn't trying to start a fight, dude. I made a simple post about my experience, and this is what I get back. How would you have reacted?

Okay, if he was just curious and had no intention of selling 125 naked puts with a $50,000 account, then I'll just say "fuggedaboudit!!" ...lol :D

No sh**,...he wanted to sell as many options as possible with a $50,000 account. Not a good idea...

Are you on the right thread?? The dude never said anything about doing a scalp trade. It sounded like he wanted to hold it for awhile. (even though I still wouldn't recommend a 125 lot on a scalp) So, here's my final response to NasdaqTrader. If all you have is $50,000, I wouldn't...

Sorry, replace the word "put" with "stock". I think you got my drift, though. I edited the original post.