This is a new beginning for me, and a full commitment to being a successful trader. I will use to this forum and my blog to share aspirations and performance as a trader. I've come to the conclusion that if I share my successes and failures for people to read, it will help in motivating me to do well. So here are my current positions: BIDU NOV 100-110-120 custom CALL butterfly + 2 120 calls Cost basis: 3.11 DGI DEC 35 Call Cost Basis: 0.95 GLD JAN 11 135-144-153 custom CALL butterfly +2 153 calls Cost Basis: 2.10 GOOG NOV 560-570 call spread Cost Basis: 2.40 WYNN NOV 90 PUT Cost Basis: 1.05 Friday morning has me compelled to exit my WYNN PUTs. I'm looking at the chart and it doesn't look like it's going to reverse. Especially after it closed at a new high today. LVS earnings pushed it up, and if I hold these puts thru monday it just seems to be a big low probability gamble that this will be worth anything. I've been reading through my new book, "Trading in the ZONE" by mark douglas. There was this one section in the book where he says [paraphrase]: It's easy to see the trend when you're not in the trade. Even though I so badly want to cling and hold these PUTs to zero, I'm pretty sure the best thing to do is cut my losses. I'm 99% sure I'll be exiting tomorrow, the question is when will I be exiting? I'm already at a 40% loss in the position, my stop loss is at 50% loss. I think it would be best to follow my trade plan. Trades for Tommorow For tommorow's trading day I'm looking at getting back into AAPL if it trades back to 300 per share, maybe entering a spread to day trade. The GLD looks like it bounced off the 30 sMA and the DMI+ is moving upwards. It looks like a good probability that this will continue upwards. I'm looking to enter at some ITM calls.