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[RT] Re: Gen: About Day Trading



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Prosper wrote:

> What feels best to me is a back rub from my female servents:-)
> Speaking of being hedged, the problem with options is first illiquidiity,
> secondly the fact that you can lose 50% of the value of an option within the
> 2 standard deviation swings that markets make on their way to higher or
> lower prices. That means that you are always being pushed to buy or sell at
> just the wrong time.
>
> Although some have said trading is easy, it's not.
>
> Prosper

NW:  When I was a market maker at the CBOE, my firends and I would joke that
trading is the
hardest way to make an easy living.

Cheers,

Norman

>
>
> > My take:
> >
> > Do whatever feels best to you. There are advantages and disadvantages to
> both.
> > there is no good or bad way, there are only ways you can or cannot adapt
> to,
> > make yours. This is what you should trade, not what others say. And it
> might be
> > you trade both ways, or usually one way and sometimes the other way.
> > :-)
> > Gwenn
> >
> >