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Old 02-05-2008, 11:18 PM
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Re: Market Outlook

Oh, I knew you were joking. I just threw it up to show that if you follow your plan you can come away with good trades. It's not too difficult with options when you get volatility like this. I prefer swing trading options for two reaons:

1 - I know much I can lose, therefore I feel like I have a better control for risk management.
2 - There are several strategies that you can utilize to make the most out of a trade.

I am happy with the gain, but at the end of the day it's just a winning trade. I am more proud of the fact that I was able to stay flexible and take advantage of what I saw on the charts instead of having a specific bias and missing an opportunity.

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