Starting with about 50 bucks to see where it goes. Trade #1 1 AAPL 267.50 call 12/6 exp Bought 12/5 at .41 $41.00 Closed trade 12/6 at 1.99 $199 Profit $158. Trade # 2 DAYTRADE SPY 315 call 12/9 exp Bought 3 contracts at .70 $ 210. Sold 2 contracts at .85. $170 Sold 1 contract at. .90 $90. Profit $ 50.
I will try to add a few screenshots as time permits. SUMMARY, Had about 50 bucks and a couple worthless options, one of which expired worthless last night. So, just for the fun off it - lets see how long we can survive in the wonderful world of >>>>> WALL STREET I will post trades AFTER complete " obvious reasons" All trades will be posted "even the losers" Option trades can go wrong QUICK, and as the old saying goes " Never trade more than you can afford to lose." Please remember, I DONT OFFER TRADE TIPS OR ANY TYPE OF PAID SERVICES. Comments are always welcome.
This is current balance. Bought 2 contracts for the next play. Trades 1@2 are shown to confirm. The first 2 trades are under our belt and we actually had a great return. Burnt up 1 daytrade so will need to be careful, I always keep 1 daytrade availible in case my trade goes wrong and I need to bail For now this is a cash account and 4 daytrades in a rolling 5 is a major no-no. Bought 2 seperate contracts Friday. OTM "cheap" Mostly cash, patiently waiting.
If only it was that easy. Lol. There will be red days in the world of options, just part of the ballgame. Todays end of day shot, still holding.
Here is this weeks ending balance. Was a crazy and somewhat wreckless week, but I managed to show a overall positive result on the account. Made several dunb moves and paid for it dearly. Will post trades and results later when I have time.
Lol. Im the poor mans disneyland. Todays end results, ALL IN and out of daytrades.. Have to hold overnight. Boom or bust boys n girls-- Stay tuned..
Wow, Slayer. Just wow. You are the ant moving a rubber plant. I'm blown away and totally cheering for you, even though I recently acquired quite a bit of oil production. You're my drunk buddy who hands me his beer and tells me, "hold this while I ride the mechanical bull on the Charlie sheen setting." There is a knot in my stomach watching, desperately hoping nothing bad happens, but knowing that it will. Tell you what, if/when you might decide to move on, stop by the investing forum and we will do some long term investing togeather. We can go through the theory/screener/analysis together and then we will both throw $100 down on a slow horse and watch it graze for 5 years. Sound interesting? It isn't but it might be a nice thread for others to watch in case they are interested in massively higher odds of success over a wildly longer period of time in the most boring way possible. Look me up.
I will mr. TOM, thanks for stopping by. I can now say I have a friend in high places!!! Dont worry, I dont need money from you "LOL" but I admire you investing aaproach/ angle. Proud to watch your INTENSE D.D. payoff bigtime for you.. Being a ole time HSM'r from the 2009 crash I have learned a lot from folks like you. Todays end results, still slowly limpin back up the hill to my all time high of around $575.00. not bad from a initial balance of around 50 bucks, BUT still down overall. Depends on how you figure the numbers. Promise to itemize each trade to verify when I get time. IF I could manage to stop swingtrading and overtrading I would do much better, BUT I have a option addiction that is worse than heroin! Stay tuned for the next episode.
