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Post# of 42555
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daiello

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daiello

Re: Worn_Buffet post# 27073

Tuesday, 12/02/2008 1:18:13 PM

Tuesday, December 02, 2008 1:18:13 PM

Post# of 42555
No It's not really a straddle.

If I buy near support, and expect it to go up at somepoint, I go long

If it falls through support I can go short, and make money down, then average down when I close my short. It works well, maybe not as well with 25$ lol but with a few hundred it's pretty easy.

To be successful in the trading game, find a sound strategy and then learn and understand the rules of your strategy.

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