re: better way to make money ... rem / arthur
Nice post Rob And thanks for the time you took to share your trading ideas with us all ,
have read it a few times,
Taking it all in I think what Rem says is very correct in relation to Risk and Reward,
But being comfortable with what you trade is important as well ,
All this helps me realise why I have not traded ETO's to this point in time , although I have put a lot of time and study into doing so, it is the “ comfort factor”
I think it bothers me as how much to pay ?, what is the fair price ? ,is it the right vol?, waiting to get set before the parent stock moves too much , will I be able to exit quickly ?, what if the stock moves against me when they are closed for lunch ,
I think its a human nature thing , we are happy walking up to the counter buying what we see at a price your happy with.