Replies to post #200712 on Option Millionaires

[golfnara]

You got it Jimmy, "Selling" is hardest part... No matter what I do/plan, I always regret... then I make silly/stupid mistakes again and again. I have been away from the trading for a month to regroup myself so I hope I do better this time^^

[Gixene]

jimmybob, thank you for your response.

Selling is the hardest part of trading... buying is the easiest... if you can figure out the selling part you will be successful... but all depends on your strategy... ect

I have started paper trading using technical analysis. If this strategy proves successful, I will most likely use this for exit strategies. However, if I buy on fundamentals, gut feeling or any catalysts I will most likely have a set strategy to help me keep emotion out of the equation.

I dont trade for 10% gainers... or 50% gainers... i try for 200%+ gainers, which results in quite a few expiring positions... someone else might sell the minute it goes up 50% or have a mental stop to sell at 30%...

There is no easy answer or science that works...

Understood, thank you for sharing.

Best of luck to you also, Gulley