tag:blogger.com,1999:blog-5465015914589377788.post7145360522795280310..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Market Predictions Encourage Risky InvestingMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5465015914589377788.post-53334548107937122802011-06-07T15:12:36.122-04:002011-06-07T15:12:36.122-04:00Great post.
Nobody can be right all of the time...Great post. <br /><br />Nobody can be right all of the time. I think some folks are about to get severely fleeced by these covered-call ETFs. <br /><br />I'm not going near these things.My Own Advisorhttp://www.myownadvisor.canoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-2513652364664648852011-06-06T09:26:49.328-04:002011-06-06T09:26:49.328-04:00@Mark: I agree that there are problems, and that ...@Mark: I agree that there are problems, and that solving them is at best daunting and at worst hopeless. But I'm not concerned with saving the world; I just want to improve my little corner of it :-)<br /><br />@Owen: I don't have any experience with the trading strategy you're following, but if I were to try it I would always evaluate the effect on my finances if my guesses were completely wrong and the market moved hard against me.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-32833719269251121322011-06-06T02:24:49.020-04:002011-06-06T02:24:49.020-04:00I haven't found directional trading to be the ...I haven't found directional trading to be the best approach myself. I prefer range trading strategies that also have the ability to accept adjustments for price risk. These have worked much better for me. Better to be there to take advantage of one option certainty - time decay. I love it!Owenhttp://options-trading-mastery.comnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-40210604323645848992011-06-06T00:20:46.681-04:002011-06-06T00:20:46.681-04:00Agree.
But just as people do not read the fine p...Agree. <br /><br />But just as people do not read the fine print in contracts they sign, neither will they be bothered with the details of investing.<br /><br />Like lemmings, they follow the advice handed to them by the so-called experts who fleece the sheep by taking commissions off the top.<br /><br />Neither your broker nor your real estate agent care about you and your purchase. Just as long as you buy something.Mark Wolfingerhttp://blog.mdwoptions.comnoreply@blogger.com