longer-term swing trade

Discussion in 'Educational Resources' started by honghsu, Jun 21, 2002.

  1. ktm

    ktm

    I do own shares of MIR. I was assigned over 5000 shares and have written puts for another 5000 at 7.5.

    I read McMillan's "Options as a Strategic Investment" and "McMillan on Options" as primers. I personally would not recommend anyone's style...not even my own to you or anyone else.

    I would suggest getting a good understanding of options and determining whether you wish to use to use fundamentals or not, then form your own strategy. You really need a style that fits your personality. My partner and I are often at odds over certain issues and sometimes trade the opposite sides of positions (in separate accounts). He has a completely different style yet we both make excellent percentage returns consistently. I'll never tell anyone their style won't work...and many tell me that mine doesn't work. I won't argue with anyone about it.

    I still believe this is the greatest game in the world.
     
    #41     Jun 28, 2002
  2. Thx - this'll give me something to think about.
     
    #42     Jun 28, 2002