Good posts guys
my 2c worth
Aussie market is too illiquid
Only traded when there is a clear trend
Trade hysteria (only lasts for 2-3 days)
Leverage up on t/over plays (call ratio back speads
my favorite ,thats when you sell in the money calls &
buy at least 3 times out of the money calls >puts spread when stocks gap down on bad numbers etc)
keep stops tight; as opinions are often wrong ,markets
are never wrong.
For the nutters like me watch out for major astrological
patterns (29/7 next one)
Last :Its better been an alive cowboy than a dead indian
i.e dont be a hero , manage risk.
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- covered calls
covered calls , page-27
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