RE: [IceHorses] Re: E-trade
>> 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! Not really. I tend to be moderately conservative with my investments, and am of the mindset, if it sounds too good to be true, it probably is. I certainly would not mix any speculative stock market games with my strategies for owning and caring for my horses. My horses will need hay and vaccinations no matter what the stock market does. Karen Thomas [EMAIL PROTECTED]
[IceHorses] Re: E-trade
> 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
RE: [IceHorses] Re: E-trade
>>> If the naked trades work with real money, the money from the sale of a yearling really COULD support you; $2000 doubled only ten times is $1,2400! Yes, that's very true: $2000 "doubled" only a few times on the stock market can easily become $1200...or less. Karen Thomas, NC -- No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.446 / Virus Database: 268.18.7/712 - Release Date: 3/6/2007 3:42 PM
[IceHorses] Re: E-trade
> Let us know how it goes! and send pictures! > > > > Whatever money we got for the yearlings could be put to work at E- > > trade; with E-trade's new bracket stops and liberal trading policy, > > four of our trading buddies have been doubling their account values > > every month on naked calls. > > E-trade??? Thankyou! I dunno what will happen with the horses; my daughter was going to buy the herd and have it delivered to our farm, but she's been hesitating since her mutual funds took a hit with the recent drop in the stock market. E-trade is an online brokerage house. Formerly, brokerages required traders to have $100,000 or more in their accounts and qualify for a 5 trading level before they would be allowed to do naked calls. With the proliferation of online brokerages, rules are relaxing and benefits are increasing, i.e., E-trade lets traders start with $2000 and a level 4. There are others with no trading level required. With the bracket stops, you can set your trade to close out automatically no matter which direction the market goes. Anyway, even without the stops, about four of our trading friends-one man and three older ladies (people call them the "naked ladies") have been averaging from 100 to 120 percent growth in their brokerage accounts each month doing naked calls using the N2K Terry Harris method, and said they'll be millionaires by summer. We've been getting similar results with virtual trades, but haven't started doing real trades yet because of the $2000 minimum. I'm only a level 3, but could easily qualify for a 4. If the naked trades work with real money, the money from the sale of a yearling really COULD support you; $2000 doubled only ten times is $1,2400! Rachel in E. KY >
