Hyudra's 2008 Journal

Hey All,

I've been a big time lurker and I figured I would start a journal. I've been slowly finding out what's important to become successful, so I figure this will me stay focused and serious to achieving my personal goals.

Currently I have $200, and I want to sniff out 12 sequential winners that will increase my balance by 50% on each trade to come out with $25,000 in 1 year trading equity options.

So, I will list my expectations, my entry, and "hopeful" exit on every trade I do.

Trade 1
Begin $200 - Buy 3 Dell Feb 22.5C @ .55
End $300 - Est. Sell 3 Sell Feb 22.5C @ 1.10

Trade 2
Begin $300
End $450

Trade 3
Begin $450
End $675

Trade 4
Begin $675
End $1012.50

Trade 5
Begin $1012.50
End $1518.75

Trade 6
Begin $1518.75
End $2278.13

Trade 7
Begin $2278.13
End $3417.19

Trade 8
Begin $3417.19
End $5125.78

Trade 9
Begin $5125.78
End $7688.67

Trade 10
Begin $7688.67
End $11533.01

Trade 11
Begin $11533.01
End $17299.51

Trade 12
Begin $17299.51
End $25949.27

 

12 sequential winners?

Hope that 200 dollars isn't your whole pot...

 

Good luck. My honest advice would be to forgo this "game" and sim trade while making money at a real job. When you have more, say four figures worth, and you have proven yourself on the sim, have a go at it for real. Your hourly rate starting with a $200 account is not going to be worthwhile... you're better off at McDonalds.

 

I'm just playing for fun with $200.

Anyways, I've started a blog if you guys are interested at all.

http://stkblog.blogspot.com/