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Re: mikeanthony post# 53275

Thursday, 09/20/2007 11:44:02 AM

Thursday, September 20, 2007 11:44:02 AM

Post# of 68116
You are correct as long as you are correct on all the following.

1- Time (how much time is needed for move to occur, 90 % trader are wrong on this) Time decay will eat your profit, many people like spread for that reason.

2- Direction of the move, 50 % usually wrong, you lose fast in option premium if it start moving other way.

3- Magnitude of the move

I hope it help.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

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