Recent Content by ClimbingMel

  1. covered call profit and loss question

    By me, I meant I didn't follow my rules and take the loss when they said I should. 1st rule is always stick to the plan and don't think about it....
    Post by: ClimbingMel, Oct 21, 2011 in forum: Options

  2. Who is really making a living trading options??

    You're right on the risk part. If you follow rules of risk & capital mgmt., but a lot don't. People like to trade stocks like AAPL with options,...
    Post by: ClimbingMel, Oct 21, 2011 in forum: Options

  3. Who is really making a living trading options??

    The edge of account size in an options trade is if you sell naked PUTs and don't have enough funds to take delivery, you have to buy them back at...
    Post by: ClimbingMel, Oct 21, 2011 in forum: Options

  4. Who is really making a living trading options??

    What time frame are you talking about when you say trading? I know people day trade using options for the additional leverage. I can't figure...
    Post by: ClimbingMel, Oct 14, 2011 in forum: Options

  5. AAPL Earnings - Oct 18

    I feel there is no absolute correlation between GOOG and AAPL, but I also watch how people react / over react to earnings on GOOG. I don't give...
    Post by: ClimbingMel, Oct 14, 2011 in forum: Options

  6. covered call profit and loss question

    Like I said I've done it for years. (aprox 3 1/2) So yes it can be profitable. DotCom - nope wasn't trading options at all then, and yes I lost...
    Post by: ClimbingMel, Oct 14, 2011 in forum: Options

  7. covered call profit and loss question

    I use TDWaterhouse and when I write options I am credited as of the processed date. If I sell CCs today my account will get credited by the end...
    Post by: ClimbingMel, Oct 12, 2011 in forum: Options

  8. covered call profit and loss question

    I've used that strategy for years and I am making money. Like investing in stocks (vs trading) you have to have set limits to bail on a losing...
    Post by: ClimbingMel, Oct 12, 2011 in forum: Options

  9. How much money have you lost before figuring it out???

    Worst case you learn how to manage your investments better. Even if I were to quit trading, I would still look after my investments / retirement...
    Post by: ClimbingMel, Nov 17, 2010 in forum: Professional Trading

  10. How do u know u have made it in daytrading?

    Once in a while it happens. I often somewhat hedge some of my option plays and have often missed out on big moves like a $50 pop in GOOG....
    Post by: ClimbingMel, Nov 5, 2010 in forum: Professional Trading

  11. How long is your holding time of individual options-trade ?

    It so depends on the type of trading. I trade options that are a close to expiry to gain the rapid lossof time premiun in those last few days. I...
    Post by: ClimbingMel, Nov 4, 2010 in forum: Options

  12. Is Someone Willing to Help an Aspiring Trader?

    Too bad there isn't a book out there that explains trading in general with examples of all the types and some examples with pros & cons... I've...
    Post by: ClimbingMel, Nov 4, 2010 in forum: Professional Trading

  13. How much money have you lost before figuring it out???

    Wow... what an entertaining thread! :D First big loss was when the tech bubble burst and my account of about $20k with it. After that I've had...
    Post by: ClimbingMel, Nov 4, 2010 in forum: Professional Trading

  14. How do u know u have made it in daytrading?

    Anyone remember Y2K? Wasn't that long ago. I lost my account in the tech bubble when the newbies like myself thought the market was a way to...
    Post by: ClimbingMel, Nov 4, 2010 in forum: Professional Trading

  15. Is Someone Willing to Help an Aspiring Trader?

    I love trading options, but I write options NOT buy them. I can't see a way to make consistant money paying someone else all hat premium. Now...
    Post by: ClimbingMel, Nov 4, 2010 in forum: Professional Trading