I am an "opportunity" trader. With the lack of transparency in government, business and society as a whole combined with the dynamics of the markets I prefer to stick with what I can see. If I perceive and "opportunity" and can get a reasonable fix on the risk/reward ration I move accordingly.

I prefer to use options as they force me to suck up my mistakes and adds a dimension of external discipline that I do not have internally. I try to be objective and realistic with the understanding that it is a constant battle and no one who is honest with themselves thinks that they are totally objective.

Peoples failure to be objective and realistic offer the best opportunities for profit. The more hubris the greater the opportunity which is why media, like CNBC, offers a plethora of opportunity for those who know how to employ contrary opinion.