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Investing Strategies / Options - You Make the Call


Subject:  Re: Closing Trade Date:  2/24/2007  6:25 PM
Author:  speed63 Number:  7947 of 11357

I agree, paper trading is not the same as using the real deal. Even though TOS gives me 100k of paper, I'm using only the "capital" I realistically have available and trading realistic transaction sizes (for me). You're right, I'm trying to understand how prices and greeks move. It seems easy to watch positions move up and down daily but I want to learn how to handle approching expiration dates or my midstream decisions to close a trade.

Thanks for the commission tip. I'll definitly ask for the reduced rate as I'll trade only a few contracts per trade.

This board is so interesting to me. I started reading about options a couple months ago so I appreciate everyone's input. My plan is to someday know enough to help otehrs here (and be like Hamp).
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