Gotta love ZERO RISK in the SP500 = $$$

Quote from ByLoSellHi:

You think yesterday and today aren't volatile?
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No? You are not going to make any money from a straddle if its a mere 6% move over 5 months.

Now if we lose 6% in a week then thats a different story.
 
There was a seller on the other side of that trade...something to keep in mind. Not making a personal judgement about the merits of it, just reminding you guys that there are two sides to every trade.

:D

Quote from myminitrading:

It is a defensive move thats for sure, JNJ kicks butt in a downturn.
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When do you guys/gals "ring the register", "go to the bank", "make a payment on the yacht" ????

Clue in all of us noobs out there.

Trailing stop loss ?? Number of days ? Profit potential ??

Turtle rules, violation of 20 day high/low ??

I can handle buying the dips, but then what do I do ??

I've read the reference to 2003 lots of times, but there's got to be more !!
 
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