option trading is more intelligent

[mikeenday]

for stocks, you generally put in trade when things are clear and sitting on the position until stop hit. You don't predict, you re-act. Many times, you need to be dumb to be successful.

in options, based on my experience, the most profitable trades are based on *prediction* and some wilde *imagination*. It's like golf hitting 20 feet putter, you need everything come together at the same time. Options make you a smart guy and days for trading seems more well-spent.

Options --> predict and no stoploss needed
stocks --> re-act with stoploss

 

[Maverick74]

Quote from mikeenday:

for stocks, you generally put in trade when things are clear and sitting on the position until stop hit. You don't predict, you re-act. Many times, you need to be dumb to be successful.

in options, based on my experience, the most profitable trades are based on *prediction* and some wilde *imagination*. It's like golf hitting 20 feet putter, you need everything come together at the same time. Options make you a smart guy and days for trading seems more well-spent.

Options --> predict and no stoploss needed
stocks --> re-act with stoploss

The price of the stop is embedded in the price of the option. Not as smart as you thought you were huh?

 

[Riffraffpatrol]

Quote from mikeenday:

for stocks, you generally put in trade when things are clear and sitting on the position until stop hit. You don't predict, you re-act. Many times, you need to be dumb to be successful.

in options, based on my experience, the most profitable trades are based on *prediction* and some wilde *imagination*. It's like golf hitting 20 feet putter, you need everything come together at the same time. Options make you a smart guy and days for trading seems more well-spent.

Options --> predict and no stoploss needed
stocks --> re-act with stoploss

"wild imagination"??? Ooookaaay...

Now that's a sound basis for trading...

 

[Riffraffpatrol]

Quote from Maverick74:

The price of the stop is embedded in the price of the option. Not as smart as you thought you were huh?

Roflmao!

Yeah... the stop loss = price of option at entry...of which the stop out is the option expiring
worthless. Lol

 

[Maverick74]

Quote from Riffraffpatrol:

Roflmao!

Yeah... the stop loss = price of option at entry...of which the stop out is the option expiring
worthless. Lol

Huh? It's called volatility dude. You been drinking? LOL.

 

[Riffraffpatrol]

Quote from Maverick74:

Huh? It's called volatility dude. You been drinking? LOL.

Bloody ceasar- sans Belvedere woodka lol

 

[rew]

Oh joy, another one of those "intelligent" option threads.

Well, they keep us entertained.

 

[mikeenday]

option tradings are great, it has great risk/reward ratio. and it works in couple of days for you to jump in/out quickly, thus satisfy the common need of over-trading.

so far so good.

Rule #1: "Every trading is based on directional bet. If you can read the direction, all vehicles are the same. "

Quote from rew:

Oh joy, another one of those "intelligent" option threads.

Well, they keep us entertained.

 

[Martinghoul]

Oh no, here we go again...

 

[Riffraffpatrol]

Quote from mikeenday:

option tradings are great, it has great risk/reward ratio. and it works in couple of days for you to jump in/out quickly, thus satisfy the common need of over-trading.

so far so good.

Rule #1: "Every trading is based on directional bet. If you can read the direction, all vehicles are the same. "

Ummm... no they're not.