oops, guess my thread was getting hijacked lol. already posted in the other thread, but looks like Dan is pointing out that the guy is a little out of his game. Still, took in CHS Sep 16 call at $1.40 average total 6 contracts. Also have 1 CMG sep 300/285 spread that I legged into and came to a cost of $6.20. Cash left after the trades is $899.90. I added some cash to my low $800 account in June after trying to get back in, and I had $2,250 to start with. I'm looking at a more modest target this time of $10,000 by end of year. It's low, because I expect some volatility in the next couple of months. CHS did report this morning looking solid as expected. I should have included a trade on WSM too, but the chart on CHS was in much better condition hitting new highs and bursting out of a base.
we've been wondering what happened to you... what happened to all that moolah you made? did that AAPL trade get you?
Oh yea, took some hits on that AAPL trade. I didn't have enough free capital to make a nice run after running down to $800 when I restarted again, so I decided to take some cash off my IRA take the tax hit, and make another run to the end of the year. Much better with the $2250 starting amount this time around. CHS sep 17 call avg buy was 1.40, close out was 2.45 avg. Made a nice $519.81 profit here and feeling it again. And was actually 5 contracts that I grabbed. I'll trade until the $2250 go bust or end of the year....lol.
Not hijacking. Besides the fact that I thought you left a long time ago, most of the trades here are 4 - 6 years old. Thus, keeping the same name as your thread... MY OPTION TRADES. Just starting it over, without the "hundreds" of out dated pages and trades from years ago. But keeping your same title. Welcome back!
Sorry, not my words on hijacking, just using Dan's words, looked like he's pissed at you. I'm cool, post any ideas you have. I was just going to stick to CRM for the rest of this week, but I kind of like ADSK puts too now. Somehow, it feels like ADSK is pressing to get shot down as it tries to break above that 200-day moving average. This would be the fourth attempt to break above that 200-day since its last report. Supports at $30 no doubt, so a rejection here could push shares from $35 to $30 in 1 day. I'll have to research this trade some more and see if I can make a buck off it.
Thanks Hurricane, I'll take this good start for now and I'll call it sucess once I reach the $5000 mark.
Ryan Nice to have you back mon! Like reading your stuff. Can dream of being a millionaire one day that way.
Over-trading is a common mistake by Forex traders and it can be the biggest threat that can kill your trading account. Watch out for signs before moving further