> Yes, that's very true: $2000 "doubled" only a few times on the stock market > can easily become $1200...or less.
Ouch! ..sounds like the voice of experience! For sure, one would have to carefully follow the guidelines of the strategy; picking stock, setting stops, exit strategy, etc. I asked one of the "naked ladies" if any of them had lost money doing naked calls yet, and she said none of them had, but a "newbie" who tried to copy them lost some money because she neglected to follow even the most basic guidelines. One of the "naked ladies" said she tries to spend all her money but can't even come close to keeping up with what she's making. Sounds like that's what you'd need to have happen to afford to breed horses! You can certainly lose money in a hurry doing straight options, though, if you don't set any stop losses or watch the market, for certain sure (ask me how I know!) Rachel from E. KY
