242 replies to this topic
Posted 03 February 2003 - 02:53 AM
SEH and others:
Here is a link to the latest Zoran S&P 500 chart (2/2/03)
Posted 03 February 2003 - 05:50 AM
hey skidd, i too trade out of the money index puts, and the stop question has always bothered me, since size of the spread and the illiquidity makes advantageous exit & reentry extremely difficult if not totally out of the question. because of that, and knowing that MMs have visibility into the orders, i use mental stops & targets. wave analysis of underlying, esp doc's anals, is extremely helpful. so is a heavy dose of intuition. general rule of thumb is that unless the larger trend seems about to be violated OR time decay is a looming issue, i stay put.....so to speak. less stress, less commissions.
prtzl, thanks on that info. damn, you can't NOT learn something here every day.
Quod Severis Metes
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.
Posted 03 February 2003 - 09:00 AM
See the coverage of this subject in my forum.
The Daily Stool - Stock Market Message Board