Option market a joke

NoMoreOptions · Mar 11, 2004

The option market may not be available in regular hours, especially when the underlyings move big and quick times. Cannot take profit, cannot cut loss. It is a pain in the ass. It is a cancer in the industry.

VOLUME · Mar 11, 2004

Then don't trade options. Duh.

ADX_trader · Mar 11, 2004

This is why no matter what they say, I never touch options. I seldom make good decisions in my life, but this one is excellent!!!!

vega · Mar 11, 2004

For a guy with the name of NOMOREOPTIONS, you seem to start a thread everyday about how much they stuck, like VOLUME said, DON'T TRADE THEM, because you obviously have NO CLUE what you're doing.

Vega

nitro · Mar 11, 2004

My ET handle should have been, NoMorePostingOnET.

nitro

vega · Mar 11, 2004

Nitro-

Didn't know you were still alive

Haven't seen a post in a while. Hope all is going well.

Vega

nitro · Mar 11, 2004

Quote from vega:

Nitro-

Didn't know you were still alive Haven't seen a post in a while. Hope all is going well.

Vega

nitro

FX-Trader · Mar 11, 2004

I suggest NoMoreTrading to avoid any further losses.

vega · Mar 11, 2004

Quote from FX-Trader:

I suggest NoMoreTrading to avoid any further losses.

I guess we should cut him some slack, the fact that he is not one of "they/us" makes it impossible for him to make money.

Vega

iceman1 · Mar 11, 2004

Quote from NoMoreOptions:

The option market may not be available in regular hours, especially when the underlyings move big and quick times. Cannot take profit, cannot cut loss. It is a pain in the ass. It is a cancer in the industry.

options can be a blessing or a curse... but the bigger question for one complaining about them, is why trade in the options market? I have decided to start trading the underlying more often than I have traded options over the past years as the cancel fees at IB, and the spreads and the like are indeed an impediment/ hassle at times.

Perfect your technique and abilities so you can use them to your advantage... WHERE suitable.. and then trade them! OR else... stay with the underlying and trade options NO MORE!!

:eek:

regards,

iCE