Limitless420

Use call (bull) spreads that way you still get exposure to the stock while limiting your risk. This means buying an in-the-money strike and selling an higher strike call that will lower the cost of the trade and make the break even closer to meaning you see profits sooner. The only down fall is you limit your gains at the higher strike. [url=http://www.traderslaboratory.com/forums/options-strategies/13000-bear-call-spread.html Bull Spread Definition | Investopedia

Hi I too have a full time job and use my Galaxy Note to trade during my 9 to 5. It is challenging and exciting... it is very difficult to check the market when you have free time, randomly deciding what to buy or sell or hold. Instead I place alerts and advanced orders with my broker optionshouse.com. Alerts to send me a message when for example the SPX is greater than 1525 the near term resistance. Than that's when you can excuse yourself to the bathroom and are given that window needed to catch today's rally. Also, placing advanced orders using functions such as "if" and "than" along with stops. For example using my broker optionshouse.com I place: if SPX is greater than 1525 than buy spy 151 Feb calls and than even place a limit sell higher and an alert or another advanced order to sell. You got to do all you could to alert yourself when key levels are reached than you can provide yourself with better chances of hitting you mark. Just bring a lot of water bottles with you to work and drink them to excuse yourself to the bathroom to trade...you can help hydrate yourself and ultimately make better stock market decisions...lol:2c: