Taking 410K to 4million by Year End 2010

Still no word from neke.. he normally gives an update every friday.

I hope his account hasnt fallen below 200K this week.

 

Lost it all selling FCN Puts... more later.

 

FCN is that the ticker symbol?
Weekly chart doesnt return anything of interest.

 

Hi Neke thanks for sharing this journal.

From what I've read from others about you, you are a good trader. However, I do not understand your risk mgmt policy and WHY you have chosen this policy - which too me seems as if excessive risk is being taken unnecessarily. Can you please shed light on how you decide when to take a loss? Do you feel that you have to bet big to win big? Do you use mental stops?

Thank you.

 

Give the guy a break, it take time to make up trades. He has a life outside this forum.

 

not funny...

 

I wanted to come on here to report Neke has been wiped out, he has left the building. There were a few options trades that went bad. Neke is no more...

 

are you serious?

 

Yes, he is.

 

How can that be? I though he had around 200k left. He could not have lost all that since last week or so.