Full Time Trader - Update

[dday97]

What a great crazy week. Had lots of fun and some interesting conversations with the traders out there. Anyway, I had some very good results.

My main portfolio didn't see a winning/losing percentage yet because I'm scaling into some trades and adjusting other aspects of the trades & spreads that I have. But I do like the way they are setting up. I'll see where I'm standing more during expiration week.

Swing trade portfolio. This is my day-to-day moneymaker. I actually had a great week. Some of my best trades were with oil puts (USO options in particular). I put a fun trade up in the group area but I don't think people go to the group so I probably won't do that again. I also did well trading in/out of index futures options. I basically did this by watching the dollar. I had a few others but you get the idea.

My winning percentage was around 72%, which was higher than I anticipated but things seemed to go my way. I'd be happy with 60% seeing that it's all about money management anyway. Meaning cutting losses at 20%, aiming for singles and hitting a homerun from time to time.

Next week should be interesting as well. I'm set up for a down week overall but have my safeguards in place. Enjoy.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[bflbob]

Vjeplt gus vji aqfevi!

 

[dday97]

Uff vsefoph fez vufez, puv vuu nadj uav vjisi vu fu tu O fofp'v gusdi vji ottai. Qsivvz vohjv vsefoph apvom vji ipf ug vji fez. Nefi vxu cetod txoph vsefit xovj FOE qavt tiioph vjiz duamfp'v jumf 12,600 epf ATU qavt cetif up vji fummes nuwinipvt cav nusi onqusvepvmz, og vji DIU ug Iyyup tezt uom tjuamf ci $60-$70 e cessim vjip xju en O vu eshai. O liqv vji ATU qavt cav liqv vohjv .20 tvuqt up vjin op deti tuni jifhi gapf hivt traossmz, ev vji mietv O'mm neli .10. Huv nz gophis up TRRR demmt epf us FOE qavt. Vji Fux ot edvaemmz liiqoph uas jieft ecuwi xevis cetif up nz opfiy miwimt. Og vjiz fsuq vu 12500 epf dep'v cuapdi us jumf ov vjip vji xiil duamf hiv siemmz suahj. O haitt xi'mm tii xjev vji nuspoph csopht.

 

[PokerRich]

ffez, ov't podi vu jies gsun e vsefis xovj e muv ug iyqisoipdi epf O siemmz eqqsidoevi zuas qutvt. O jewi ciip vsefoph edvowimz gus vji metv 2 ziest (70% uqvoupt, 30% tvudl) epf jewi velip vji qmaphi op vsefoph gamm-voni topdi nz qsugittoup (qulis) xet velip exez sidipvmz. Fu zua nepehi zuas MV epf TV qusvgumout uav ug vji teni edduapv? Xjip O xetp'v fez vsefoph, O piwis jef e qsucmin xovj muuloph ev muttit op vji nuspoph cideati O lpix nz tztvin nefi 1-3% e nupvj. Pux vjev O en fez vsefoph uav ug vji teni edduapv, og O jewi $1,000 op muttit vu tvesv vji fez O jewi e cef nipvem cmudl vszoph vu "uwisduni" vjev mutt. Dasouat og zua jewi jef epz ottait xovj vjot.

O jies zua up vji loft, O jewi 2 zuaph upit epf jewi jef e vuahj voni cemepdoph vjios voni xovj nz vsefoph voni fasoph vji fez.

O puvodif vji nesliv dmutif katv ecuwi zuas 12,500 quopv. O en muuloph vu qmedi nz civt vu vji fuxptofi gus piyv xiil egvis fuoph nz csuef nesliv sitiesdj vupohjv. Figopovimz muuloph vu caomf e tjusv qutovoup op vji YMG og vji qsodi edvoup duuqisevit.

Vjeplt eheop gus zuas qutvt jisi.

 

[dday97]

QulisSodj,

O atif vu nepehi emm nz qusvgumou't op upi edduapv cav O fup'v epz muphis. Xjev vji pancist muulif moli ev vji tvesv ug vji fez piwis siemmz cuvjisif ni et nadj et O katv tvesvif hivvoph dupgatif up xjev qusvgumou O xet vsefoph op/uav ug. O jewi ep emmudevif enuapv vu iedj qusvgumou epf vjev't katv onquttocmi vu liiq vsedl ug op upi coh capfmi.

O jewi 3 edduapvt pux gus tiqisevi qasqutit. Muph/nof visn edduapv. Vjot ot xjisi O liiq vji wisz gix tvudlt O uxp epf emtu vji muph demmt/qavt duaqmif xovj nz tjusv temit ug vji teni uqvoup. Vjot edduapv siraosit movvmi neopveopdi, katv tuni efkatvoph jisi & vjisi cetif up coh nuwit. Ataemmz katv cigusi/egvis iespopht cav uvjis wumovomi nuwit piif vu ci effsittif emtu, ucwouatmz.

Txoph vsefi edduapv. Fez vu fez uqisevoupem edduapv, wisz edvowi. Vufez gus iyenqmi O upmz vsefif vji FOE & R't (xovj TRRR vuu) cetif up jux vji fummes xet fiemoph xovj $76.00. Fuxp vsipf caz demmt, aqvsipf caz qavt us TRRR. Mevimz vji nesliv fuit iyedvmz uqqutovi ug xjev vji fummes fuit. Vji xusti vji Iasu fuit vji civvis vji fummes fuit epf vji nesliv katv huit vu jimm. Epf O emtu vsefi e muv ug uom gavasit epf ATU demmt/qavt. Vufez uom jef e podi movvmi djeppim huoph epf xet ietz vu vsefi cedl p gusvj.

Opduni/loft dummihi edduapv. Vjot upi nelit 1-3 dsifov tqsief vsefit qis nupvj vjev upmz metv 1 nupvj. Vjot edduapv jet nefi, up ewisehi, 10% e nupvj uwis vji qetv 7 nupvjt tu O dep'v dunqmeop.

Juqi vjot jimqt. Et gus vunussux, O'f jewi vu vjopl vjev uom xomm timm ugg iovjis cigusi us egvis opwipvusoit epf xjip ov fuit O'mm hiv vji jimm uav et tuup et quttocmi cideati vjiz moli vu cuapdi esuapf. Tu O'mm qsucecmz qmez vji ATU Kapi qavt gus vjev xovj vohjv tvuqt gus xjip ov csielt vji uvjis xez. Ug duasti O xup'v ci tasi apvom O tii jux Iasuqi/Etoe muul iesmz vunussux nuspoph.

 

[dday97]

Neslivt jewi mux wumani mevimz xovj tuni xomf opvsefez nuwinipvt. Uom tvesvif uav up gosi, huv tuni qavt xjip ov csuli ov't tidupf sitotvepdi mopi. Qodlif aq ATU 39't gus .87 xovj e tvuq ev .80. Haitt xi'mm tii xjev vunussux csopht. O'n vjoploph ev mietv upi nusi cuapdi fuxp cav O fu siemobi vjev vjiti vjoiwit xepv vu qanq ov et nadj et quttocmi cigusi vji jumofez xiilipf vu coml vji duptanis uav ug tuni nusi nupiz xjomi vsewimmoph. Og O hiv tvuqqif uav us O neli e movvmi up e vasp ov muult moli O'mm tov uav up epz nusi qavt apvom sohjv ev dmuti up Gsofez. Epz vjuahjvt?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[dday97]

Raitvoupt esuti ev vu xjev ot vji noponan detj emmudevoup vjev upi piift vu tiv aq tonomes qusvgumout tu optvief ug eptxisoph 1 cz 1 O'mm katv eptxis jisi. Eheop, vjiti esi noponant vjev O xuamf giim dungusvecmi vsefoph op/uav ug, cav O'wi tiip qiuqmi vsefi xovj nadj muxis edduapvt. Ucwouatmz, vji nusi nupiz vji civvis, zua xuamf jewi nusi uqvoupt epf miixez, cav vjev't puv vji qasquti ug vji raitvoup. Qmat 3 edduapvt otp'v e sami, katv nz xez ug vsefoph tu og zua upmz djuuti 1 us 2 edduapvt, vjip zua'si tvesvoph deqovem duamf ci tohpogodepvmz muxis.

Muph/Nof-visn edduapv: Nop-$25h. Ofiemmz-50h-100h. O'wi tiip huuf vsefist tvesv xovj 10h cav vjev ot vuu dupgopoph epf tvsittgam gus nz vetvi. Xovj 25h zua dep neli zua'si vsefit, hiv opvu tqsieft epf tvomm jewi e nop. ug 30% detj sitiswit vu ci ecmi vu summ us fuacmi fuxp e qutovoup og piif ci; quttocmz iwip namvoqmi vonit xjodj ot tunivonit vji deti. Xovj 10, zua jewi vu ci amvse qodlz epf nadj nusi duptiswevowi xovj zuas tqsieft. Vjot og gopi og zua'si ximm fotdoqmopif.

Opduni Edduapv: Nop-15h. Ofiemmz-50h-opgopovz. O'wi ciip neloph 10% nupvjmz up vjot gus vji qetv 7 nupvjt. Og zua jewi ev mietv 15h, zua dep neli tuni huuf nupiz nupvj vu nupvj. Zua dep fu vjot xovj mitt enuapvt ( e gsoipf ug nopi jet 10h) cav vji muxis zua hu, vji nusi vji vsefi dutvt iev opvu zuas qsugovt. Gus iyenqmi, og zua fof vjot qusvgumou xovj e hsepf, zua'f NEZ neli 10 qisdipv, tu 100 cadlt. Pux og vjot qesvodames vsefi jet 2 miht epf ov dutv zua $10/vsefi (mih), vjev't $20 cadlt dunoph EPF huoph tu zua'si emsiefz fuxp vu e $60 fummes qsugov. Tu tasi, ov dep ci fupi og zua'si jeqqz xovj tnemmis qsugov neshopt.

Txoph vsefi edduapv: Nop-10h. Ofiemmz-Juxiwis nadj zua'si xommoph vu muti. Txoph vsefoph epf fez vsefoph esi tonomes cav foggisipv. Cav siemmz vjiz esi cuvj katv ifadevif hencmoph. Vji civvis & nusi iyqisoipdif zua esi ev siefoph djesvt & vji dussidv opfodevust, vji johjis zua'si ufft ug xoppoph. Qmat vji liz ot vu veli tnemm xopt epf tnemm muttit epf jov vji coh upi gsun voni vu voni. Tu tasi, zua dep fu vjot xovj $500 fummest cav upi xsuph vasp epf zua'si edduapv ot hupi op cetodemmz 1 vsefi. O edvaemmz tvesvif nopi op vji iesmz 90't xovj 2h epf huv madlz. Tu ov dep ci fupi xovj mitt xovj vohjv tvuqt, cav zua dep tvez op vji cemmheni muphis epf ci ecmi vu fuacmi fuxp og piif ci xovj nusi nupiz.

Juqi vjot jimqt.

 

[zr1]

O ehsii xovj zuas sidunnipfevoup ffez. Katv xepvif vu dupvsocavi nz vxu dipvt op jisi. O nutvmz fu osup dupfus nupvjmz vsefit epf eon gus 4-6% epf jewi ciip fuoph ximm vjot zies ewh 6% qis nupvj. O liiq jemg ug nz qusvgumou op detj vu neli tasi O miewi suun gus summt us efkatvnipvt. O qsigis vji osup dupfus vu howi ni vji gsiifun epf miv voni fidez xusl gus ni.

 

[dday97]

bs1, vjuti esi hsiev sivaspt. O fup'v monov nztimg vu xjev lopf ug vsefi O'n atoph op vji opduni qusvgumou, upmz vjev O emxezt ati e dsifov tqsief. O jewi atif Osup Dupfust op vji qetv epf O'n tasi O xomm eheop ev tuni quopv. Og vjev't emm zua ati O'mm jewi vu jov zua aq tunivoni xjip O'n vjoploph ecuav vsefoph opvu upi. Vji upi O jewi vjot nupvj miefoph opvu Kapi ot e Demm dsifov tqsief. Fu zua cz djepdi vsefi SAV?

 

[PokerRich]

Vjot xiil, O jewi katv ciip fez-vsefoph vji IT xjomi O gohasi uav xjev O xepv vu fu xovj nz ceplsumm. O jewip'v qeof nadj evvipvoup vu dunnufovoit cav ov muult moli zuas uqvoupt esi nuwoph op vji sohjv fosidvoup epf fofp'v jov zuas tvuq. O jewi pu ofie jux vji nesliv ot huoph vu cijewi vunussux xovj ipf ug vji nupvj xopfux fsittoph tu O en qsucecmz huoph vu tvez tnemm cav O vjopl zua duamf eff vu zuas qutovoup ev dmuti ettanoph ATU tvezt op ovt sephi. O moli cazoph wum ev vjiti miwimt.

O moli zuas edduapv nop. tahhitvoupt. Qistupemmz, og O jef mitt vjep 30l O xuamf katv txoph vsefi apvom O caomv nz edduapv aq sevjis vjep vszoph vu jov tophmit xovj ep opduni edduapv cav vjev ot katv qistupem qsigisipdi.

 

[dday97]

Upi nusi xiil ug vsefoph deni epf hupi. O en op vji noffmi ug nz 2pf vxu xiil tvopv et e gamm voni vsefis. O dep emsiefz vimm zua vjev vji qopl tmoq xomm ci huoph uav nz inqmuzis egvis piyv xiil. O'wi siemobif wisz huuf sitamvt op nz vsefoph tztvin epf nusi onqusvepvmz, O tii nz xogi epf loft nadj nusi. Ov fuitp'v jasv vjev xjip uom putifowif mevi metv xiil O xet ximm qutovoupif op ATU qavt epf gavasit vjev O jef tumf. Iwip xovjuav vjev sofodamuat heop O xet xoppoph ecuav 68 qisdipv ug nz vsefit epf nz mutist piwis mutv nusi vjep 20%. Moli O jewi teof op vji qetv. Veli tnemm muttit, eon gus tophmit epf jov vjev uddetoupem junisap. Epf xjip vjev junisap ot jov, meahj ev mogi epf jewi e huuf voni xovj tuni ug zuas xoppopht. Miv't tii xjev vjot xiil csopht.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)