OK, I cleared up now, and I agree.
I agree completely. This strategy seems not very rewarding, both psychological and moneywise.
PS. Would this mean in your opinion that the opposite strategy is rewarding? Ie. selling outside strangles?
Maybe it is the only way to learn about options...
OK, fair enough.
But maybe now it's time, to shut those Sherlocks up once and for all, to publish your account statements. It would make 008 a lot of customers (and you your kickback) and we could go on discussing real issues.
Plz?
Ursa..
That's a nice image, thanks.
Imagine enter- and exiting trades in the same thoughtless manner as we do these door/stair routines.
Also, these doors and escalators can become quite dangerous once you hesitate and start thinking about when to enter :)
Ursa..
But that is what this whole thread is about, simple sounding things that are very hard to do, until you do them.
Eg. try to stop thinking for a minute. Sounds easy, only few know how.
Ursa..
This might be an interesting pointer. Did you actually gain something from reading this book?
(1-click order was faster than me this time :-). Hope I won't regret it).
Ursa..
This is exactly what the book is about. Wonderfull to hear that ppl really experience this 'flow' in trading. I personally have only experienced slight tastes of it. At these moments you're not worried or happy about directional moves, they're just there, like the waves in the sea.
The 'flow'...