2min chapter

Investing With IBD cover image

Ep. 185: Tom Dorsey: Building Your Bullpen With Relative Strength

Investing With IBD

CHAPTER

The Importance of One Day Options

I never thought about this back in the 70s. The only reason I thought about this is when they changed the rules and they made one day options. So that's another reason why I do the indexes. Plus the indexes are so liquid you can get in and out or a half a second. And I would say 90% of the time it works out well. Sometimes it doesn't and the market blows past you and you end up with a 1500 dollar loss. That's life on Wall Street. You're going to make that up. Right. Now, was this some of the stuff that you were writing down on the yellow pad years ago in the 1970s? No, no,

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