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  • Bret Kenwell
    Man $QCOM firing out of the gate, almost green. Wish I could be cool and savvy and say I bought it when I pointed it out this morning.
    6/15/12
    Reply (9)
    • Bret Kenwell: Can't win 'em all!
      6/15/12
    • 444: This is the day when I learn how NOT to trade options.These mistakes - never again. At least good ole TNA is letting me cry on his shoulder
      6/15/12
    • Bret Kenwell: 444, if you don't mind sharing. What happened?
      6/15/12
    • 444: LOL.. I bought some crappy options, for diff. crappy stocks, and didn't pay attention. Names: BTU and 2 others too embarrassing to mention
      6/15/12
    • 444: But TNA is up 3% today so I've forgotten all about "the ones that got away." :o)
      6/15/12
    • Bret Kenwell: as long as you can offset them :) options can be tricky. They're leveraged a lot, so even though 10 contracts for $1000 or $1500 seems nice,
      6/15/12
    • Bret Kenwell: 1000 shares can get moving pretty quick ya know? and that's just 10 contracts.
      6/15/12
    • 444: Yes, I know. I usually get only 2 or 3 contracts at a time, but probably pick them stupidly, or more likely, don't cut my losses in time.
      6/15/12
    • Bret Kenwell: Yes, been there done that. Options are harder to handle, but starting with 2 or 3 is a good idea, IMO.
      6/15/12