option trading is more intelligent

Discussion in 'Options' started by mikeenday, Nov 16, 2011.

  1. mikeenday

    mikeenday Guest

    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
     
  2. Maverick74

    Maverick74

    The price of the stop is embedded in the price of the option. Not as smart as you thought you were huh?
     
  3. "wild imagination"??? Ooookaaay...

    Now that's a sound basis for trading...
     
  4. Roflmao!

    Yeah... the stop loss = price of option at entry...of which the stop out is the option expiring
    worthless. Lol
     
  5. Maverick74

    Maverick74

    Huh? It's called volatility dude. You been drinking? LOL.
     
  6. Bloody ceasar- sans Belvedere woodka lol
     
  7. rew

    rew

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

    Well, they keep us entertained.
     
  8. mikeenday

    mikeenday Guest

    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. "

     
  9. Oh no, here we go again...
     
  10. Ummm... no they're not.
     
    #10     Nov 17, 2011