Recent content by nytrader_1978

Here's my station..

Attorney

You've got it. Like I mentioned before you will miss a lot of opportunities treading water. I find myself thinking "Had I done X I'd be up Y now." It's not healthy to think like that. After awhile you just move on and look forward to the next chance. I had thoughts about buying calls around...

Here's some examples of trades: 1. Nasdaq 100 Index NDX May 1700 Put Entered 5/11/06 on the break of 1690 near the open @19.6 Exited 5/16/06 a little under 1635 @ various prices ranging from 67-69. 2. Nasdaq 100 Index NDX Feb 1700 Put Entered 2/2/06 on break of 1700 @ 18.9 Exited...

I was playing around with Google Trends... http://www.google.com/trends?q=jim+cramer&ctab=0&geo=all&date=all Notice how he peaked when the market peaked in January. You can try with Maria Bartiromo's name but it's not as interesting.

Normally I'll be in a trade for a week or 2. My goal is to get in when I think there's about to be a multiday run in either direction. I buy naked puts and calls. No spreads, straddles or anything else. I keep it simple. As for losses, I don't have a stop. Instead I'm sitting in front of the...

If I'm in the market I'll surf slickdeals or fatwallet for stuff I don't need that's on sale, work out, or watch random videos on YouTube. If the market isn't presenting any opportunities, and I'm in cash I try to get away from the screen to avoid the temptation to make a boredom trade. I'll...

Getting those kind of returns involved taking some serious risks that I would NOT recommend to anyone. I put all my capital in one contract and they were always front month positions. I think I was lucky nothing catastrophic happened. To minimize risk I traded mainly NDX options, cut losses...

My track record of 50%+ gains has been pretty short. I sustained hefty losses 2001-2004 as I was learning to trade options. I was down to less than 3k in August 2005. From there I traded up to 125k by December 05 in 37 trades. 327k as of June 30, 2006. That's around 11 months. As for how...