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Re: kenwong post# 2698

Friday, 04/28/2006 12:55:52 PM

Friday, April 28, 2006 12:55:52 PM

Post# of 17624
I am totally in love with trading qqqq options -- The thing I love about them is that they really seem connected to technical trading -- there is less of story than stocks --

also the daily upside and downside of qqqq is limited so it makes me a better trader .

for example today -- qqqq were down about .9% this morning --Instead of getting greedy and hoping for more downside I know in my mind that it will be very hard for qqqqs to lose 2% in a day..
and because there is still a time premium in options that it just wasn't worth it to try to squeeze out more profit from this trade

so I just got out with my 33% profit and will wait for next trade.


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