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Old 06-06-2007, 10:52 AM
DcifrThs DcifrThs is offline
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Join Date: Aug 2003
Location: Spewin them chips
Posts: 10,115
Default Re: LEAPS TRADING: tell me more (tell me more)

[ QUOTE ]
thanks for the suggestions. I don't have any on the job training to support me (poli sci major.) I'm going at it solo.

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i just reread your initial post.

you are DOA if you're trying to get from polisci to options trading in weeks. not even a chance.

your portfolio will likely be losing money since you don't have a) experience, b) a grasp on finance in general, and c) deep knowledge of options.

LEAP options in particular are VERY sensitive to changes in implied probabilities & interest rates given their time horizon.

if you want to learn...full steam ahead.

if you want to try and trade...i'd give you an emphatic, HELL NO.

Barron
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