MURICO.com Forum

Taking profits, Tim, is not chickening out, it -
In Response To: Re: I have a question? ()

is smart trading.

Doug Zalesky's rule #19 says,"Hit singles, not home runs."

Rule #22 says, "Make the same type of trades over and over again - be a brick layer."

So -

Find another option to buy if they work for you!

If the NNNs have been beaten down too low as I suspect, buying a 72 call at 5.60 is a bit juicy but if you sell with it a 70 call at 4.60 you could see a 100% gain on your investment over the next ten months or so. Not a bad deal.

Best wishes,

dhm

Messages In This Thread

I have a question?
Re: I have a question?
Taking profits, Tim, is not chickening out, it -
My idea of - - -
Re: I have a question?
Buying the April rather than the August - - -
Re: DH, I wasn't buying-----
Never before have I bought futures 12-months - -
Re: I have a question? *PIC*