QQQQ & SPY Options Trading: 1 Trade per day with $2,000 Account

any of you trade VIX options?in tande. or as well as SPY options?

 

Can you give an update on your options positions? I am interested in following along. What is your bias regarding either buying the put or calls?

 

Thanks for providing the link and clearing that up.

 

I sent you a PM in regards to your question via PM...will update more on my position asap..

 

these 2 trades turned out to be totally awesome...will write more later...only wish it was with real $$$...also, glad I held when the drawdown was great as noted...really learned something on that...point

 

Here's a question:

What did you learn?

Did you learn that holding risky positions is a good idea because the markets will reverse direction to save you?

Did you learn that risk management is for sissies?

I truly believe you would have learned something very useful if these trades were big losers instead of being 'awesome.'

For more on the idea that early success is not always a good thing, see:
http://blog.mdwoptions.com/options_for_rookies/2008/08/premature-celebration.html

Mark

 

I realize you have some experience, and you're on point with this idiot, but must you spam with your blog address on every post you make?

 

No.
But I'll post it less frequently.

Mark

 

again...will post more later...truly excited about trading the SPY and QQQQ options live and real!thanks for the encourgement!

 

I am sure some of you recognise "....", sound familiar, right ?

Last time "someone" claimed that he make a good living by trading oil, and make a few hundred "pound" a day and claim to post his profit result in live (and obviously he never did this as he loss money most of the time).

From the way this guy mention about options, the answer is obvious - Good luck