Young motivated options trader seeking words of wisdom

Discussion in 'Options' started by optionsdude, May 28, 2008.

  1. magicz

    magicz

    Right now I have about 20 names on my long term and about 10 on my short term list. I have a little journal in the journal section about my Biotech trades. I am in between contract work and debating if I should trade full time or look for other contract work in my field. At this point I am just trading and relaxing. Here's a few trade this year and on my short term list.

    PGNX- made money on approval of relistor
    GTXI - made money then gave it back on the delay of the PIN trial
    ACOR- have current position
    MYGN- have current position
    SVNT- new on the radar
    IDEV - interesting set of marketed drug and pipeline
    ACAD - thinking of moving it to long term per phase III data not till 2009
    BMRN- new on the radar
    AUXL- new on the radar
     
    #11     May 28, 2008
  2. cdowis

    cdowis

    Sounds to me that you are successful in what you do, and you're bored.

    Don't blow up your account trying to find action. Find an exciting hobby, go to Africa and help orphaned and starving children. Leave the "excitement" out of your trading.

    Just keep making money and do something exciting and worthwhile.
     
    #12     Jun 1, 2008