Comments on: Options Trading Basics, by me. Pt. 1 http://www.lencurrie.com/2008/07/options-trading-basics-by-me-pt-1/ my goal in life is to be as good of a person as my dog already thinks I am Mon, 06 Feb 2012 14:58:49 +0000 hourly 1 By: BeagleBoy http://www.lencurrie.com/2008/07/options-trading-basics-by-me-pt-1/comment-page-1/#comment-3 BeagleBoy Wed, 30 Jul 2008 16:15:00 +0000 http://www.lencurrie.com/?p=9#comment-3 Thanks for your comment Mark. I must admit that I definitely could have worded that better! <br/><br/>I know simply buying options isn't the only, nor probably the best way to trade options. I do it personally as I have a 'shoot for the moon' type of attitude. There are plenty of 'limited risk' strategies that I'm sure you know MUCH more about than myself.<br/><br/>I'm up over 1200% on my initial investment (not a large initial investment), since I've started this year. I just wanted to let others know that it is possible, as options aren't that well known to the folks I would expect to read this blog.<br/><br/>For those who are well versed in the options game as it appears you are, I certainly welcome your comments and thank you for reading. However, don't dismiss me as being some rookie trader who is looking to become a millionaire overnight, that doesn't happen. But substantial gains can certainly be made, if the opportunities arise. Thanks for your comment Mark. I must admit that I definitely could have worded that better!

I know simply buying options isn’t the only, nor probably the best way to trade options. I do it personally as I have a ‘shoot for the moon’ type of attitude. There are plenty of ‘limited risk’ strategies that I’m sure you know MUCH more about than myself.

I’m up over 1200% on my initial investment (not a large initial investment), since I’ve started this year. I just wanted to let others know that it is possible, as options aren’t that well known to the folks I would expect to read this blog.

For those who are well versed in the options game as it appears you are, I certainly welcome your comments and thank you for reading. However, don’t dismiss me as being some rookie trader who is looking to become a millionaire overnight, that doesn’t happen. But substantial gains can certainly be made, if the opportunities arise.

]]> By: Mark Wolfinger http://www.lencurrie.com/2008/07/options-trading-basics-by-me-pt-1/comment-page-1/#comment-2 Mark Wolfinger Wed, 30 Jul 2008 16:06:00 +0000 http://www.lencurrie.com/?p=9#comment-2 "Now this is what I like about it, if you know of a stock that's going to go down big soon.."<br/><br/>If you know which way stocks are going to move you would be a multi-billionaire.<br/><br/>Buying options is not a good method for using the options markets.<br/><br/>Instead of shooting for the moon, you can take limited-risk positions in which the probability of winning is on your side.<br/><br/>http://blog.mdwoptions.com/options_for_rookies/ “Now this is what I like about it, if you know of a stock that’s going to go down big soon..”

If you know which way stocks are going to move you would be a multi-billionaire.

Buying options is not a good method for using the options markets.

Instead of shooting for the moon, you can take limited-risk positions in which the probability of winning is on your side.

http://blog.mdwoptions.com/options_for_rookies/

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