Thread: Traders
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Old 11-17-2006, 06:50 PM   #12 (permalink)
Richard_Todd
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Join Date: Nov 2006
Location: Dallas, TX USA
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Quote:
Originally Posted by Dave Kaminski View Post
Any options guys in here? Do you think it can be as profitable as the day trading you guys do? I'm totally ready to start trading.
My most profitable trade ever was in options. With any trading activity, the profit potential is limitless, so you can do quite well. Though I don't trade them often, I've found options to be a very different game than stocks. A bit more cerebral and slower-paced. There are more basic concepts to grasp in order to get started, but the most important principles (like risk management, expectancy, risk of ruin) are the same in all areas of trading.

Good luck, and tread lightly until you know what you're doing!
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