Quote from cdcaveman:
Good insight... but I haven't lost a lot but I am loss adverse.. I have to get over the feeling...
When I call YHOO a sell at 16.24 (super real time and not after the facts), yes, it might go up a few cents higher or even much higher. You have to adjust your trading size or also sell PUT to maximize your profit. I sell hundreds of options daily. You can follow my trades but in much smaller size. When GS calls a stock a buy, they might buy millions of shares but you can follow them with 100 shares. GS might lose millions and you will lose $50 !!