Replies to post #7528 on Option Millionaires

[uranium-pinto-beans]

camper i've bought more puts this period than ever b4, but twice i got shaken out. the 777 pt drop was followed by a 500 pt rally - i sold out.

then the 800 drop was negated by a 430 pt rally b4 the close executed by the plunge Protection team. I sold out. I realistically have lost out on 100's of thousands of dollars. but hind sight is 20/20.

The best thing to do is move forward while understanding what mistakes u made. Most of mine involve selling too early, and the fear of losing money. The less money I spend the less fear I have.

The moral of the story. Sprinkle a little here and a little there. Buy some ptus and some calls then walk away. Your bound to hit a few in these volatile times IMO... Lets go back to my straddle. Ill pull up the post