Re: bin away a little to long
in response to
by
posted on
Dec 01, 2010 01:35AM
Edit this title from the Fast Facts Section
well at least this year im noticing when im getting irratic with my trading lol. and i would agree that last december was a great month so ill have to re evalute the put i just made.
i have been sitting on a lot of cash since mid november which has been nice but you both have me thinking about redeploying it for the month. even peter today speculated of a santa claus rally.
i am noticing a bit of an emotional tendancy here and im thinking i should relax on the options. Klaus the reason i am looking to buy is 1) i dont have large chunks of midcaps/large caps yet (i plan to eventually) 2) at 20 years old my risk tolerance is fairly high which is why im looking into options because one day i want to be able to find the blockbusters and leverage them many times over.
finally, i just want to say(sorry if this is getting redundant) thank you to both of you for your insight. it is amazing how humbling this blog is and for some one as new as me it makes a world of difference.