Recent content by GruTrader

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    The Patient Trader's journal

    Good chance of closing in on your profit figure tomorrow. Nasdaq has been drastically underperforming Dow and S&P for the year, so it might try to catch up here. Overnight move is so far in your favor as well. I am also long going into tomorrow.
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    Lotto's $10,000 Challenge

    Good luck.
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    From $10,000 to $100,000 in 6 months.

    I shouldn't have posted the pics of the car I admit. I was just trying to show a point that it might not have been the best time to start the challenge since I had a pretty traumatic event just a couple days back. I also didn't point out the type of car I was driving or anything. I feel that if...
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    From $10,000 to $100,000 in 6 months.

    This is how the conversation went: Me: Do I need a police report to be filed: Him: If it is a one vehicle accident, then typically there does not have to be one filed. Me: What if I the insurance company asks for me? Him: Then we can write one up. I walk away from the car. Minute later he calls...
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    From $10,000 to $100,000 in 6 months.

    I wouldn't do such a challenge because $100k is material enough for me not to through it into a challenge or an experiment. If things go completely rouge with this challenge, I might repeat it again. The first losing trade I took on the account really hurt the morale of the challenge. I have...
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    From $10,000 to $100,000 in 6 months.

    Negative criticism on my trading style or lack of inaction don't really faze me. What does get to me is when people make assumptions on my financial situation. My dad is a programmer and my mom is a nurse. They drive a leased Honda CRV. I do not come from a family of wealth. My family is as...
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    From $10,000 to $100,000 in 6 months.

    Not passing the blame over to theta. I am just emphasizing that on this trade, it was the time decay that piled on the loses. If I had taken a deeper ITM call, then the losses would have been very minor. There are folks that watch the videos and threads that are just getting their feet wet and...
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    From $10,000 to $100,000 in 6 months.

    AMEX still reports to credit bureau. My credit score right now is just shy off 800.
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    From $10,000 to $100,000 in 6 months.

    Day 3: https://www.youtube.com/watch?v=MEZMlH_79Gc&feature=youtu.be
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    From $10,000 to $100,000 in 6 months.

    Appreciate the comment. It is crazy when you see people splurge on things left and right when they are holding onto a five figure credit card debt. It's a slippery slope. I don't even utilize visa or mastercards. The only cards I have are American Express charge cards that get paid fully at...
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    From $10,000 to $100,000 in 6 months.

    I would like to point out that on most occasions, if I am initiating a new position and the trade either stays near my entry or against me, I will tune out all the noise on the internet and focus strictly on watching the market. So if the updates aren't there throughout the day constantly, it is...
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    From $10,000 to $100,000 in 6 months.

    Day 2: https://www.youtube.com/watch?v=S8LK5vGDxQM&list=PL9qd9RGCm8pYyDEFQCwZovdnGzlTbZLkG&index=3 Not much action on the closing price compared to my entry. I did pick up an additional $600 in losses, primarily due to theta burning away. Apple has been fairly range bound now for the past 7...
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    From $10,000 to $100,000 in 6 months.

    Sorry, edited. I knew I was missing something.
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    From $10,000 to $100,000 in 6 months.

    Trade opened. Apple $592.50 calls. Expiration is this Friday. 9 contracts. $2.84 fill.
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    From $10,000 to $100,000 in 6 months.

    I am not going to post such private detailed information on a public forum in which I am using an identity that easily links to me. This needs to be done privately, and it needs to be done for money.
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