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Just from personal experience, I think if you concentrate on a smaller number of the underlying and get to know them like the back of you hand. Then it would be better to risk more on a more concentrated porfolio with a higher reward. Especially, if you are short term option trader then you...

I'll probably sound like a broken record to you but follow the trend. Don't try to beat the trend, it rarely works. But if you use your indicator for setup to enter or exit then you won't have to guess if it turn against you or not because it will show it with MACD and MA. Also stop-loss is your...

What is your r/r? seem like you are too diversified to me especially when only doing 1 contracts. How long are you willing to hold?

YES!!! doing nothing and still earn money woohoo...OK it was only .50 cent(IB interest). Well I'll be spending sometime this weekend totalling up my shares traded, and calculate my cost basis. This is always the most boring part of trading but hey the G-man got to take a cut of the...

Sounds like you need to develop a strategy for your trades and sticking to it. I am not sure what your risk/reward ratio is but you sure chase alot of bad trade when you should cut your losses an get out and at other times you seem to take your profit to quick. I started out trading stock...

oops forgot the SS

I tried to initiate a few trades earlier but I got the dreaded IB "potential pattern day trader". It seems like I am done for this week since my account isn't over 25K yet. Here is a little recap of "week 1" starting from 11-10 to 11-17. starting with 21K. I had opened position on only 3...

Before the close yesterday Sell Short 2000 GLBL@13.14. After the bad earning as expected this morning. The price moved lower and I scaled out accordingly. bought 500 GLBL@12.91 bought 500 GLBL@12.75 bought 500 GLBL@12.65 bought 500 GLBL@12.40 for net around $900 I have to admitt...

Well its another done day with little fanfare. GLBL have filled the gap from last Thursday drop, at the close. I had anticipated this but I am not willing to have an open position before the earning report at this point. All my research tells me the earning will be lower and it could gap down or...

bought 20 CALLS DEC GLBL@.45 to close. net around $300

Well I am not looking forward to the delay earning report on GLBL so I scaled out of my position. their main base of operation is in the GoM and it was pounded by 3 hurricane in Q3. I expect a lower earning report with a price dip coming after. I will re-enter after consolidation. 500...

todays log is below. What a day for profit taker for the stocks on my watch list. To bad I wasn't one of them....huhuhu tomorrow looking for entry into BTUI,IVIL,VISG and ODSY.

short 2000 VISG@5.79 cover 500 VISG@5.70 cover 1000 VISG@5.68 cover 500 VISG@5.63 net around $200 short VISG near intraday high looked for buy back on a nice dip but didn't get there because of positive news about acquisition, covered for some gain. For the rest of the day and...

sold the rest of my VISG 1400@5.67....net 665.

GAH....IB and its cryptic SMA... forced liquidation of 600 VISG@5.39.....with net of around $120 Ok can someone explain this to me? I have 21k starting, isn't my overnight margin is 42K? I added up all my position and I only come up with GLBL calls +400 GLBL puts +1200 GLBL stock...

you can get it removed once every 180, if you tell them it was a mistake. but the next time you get flag no more love.... http://www.interactivebrokers.com/en/trading/marginRequirements/patternDayTraders.php?ib_entity=llc

Well I am done for today. The Knot trade had good a setup, I didn't wait long enough to take the maximum profit but any profit was good profit. the setup Earning came out last Thursday, but it was lower then last year earning. The stock was lower on thursday and friday morning with...

cool, yeah I notice that too and cancel the VISG calls no one is going to buy that...lol sold 500 knot @10.70.....this is right before the bounce up....its now at 10.82...GAH!!!! that what I get for taking a break for lunch...

*sold GLBL CALLS above sold 20 PUTS DEC 12.5 GLBL@.60. no bounce from the low for knot.... sold 500 KNOT@10.60...

Market going no where fast today!!! anyways sold 20 Dec 15 GLBL@.20, this effectively adjusted my cost basis to 12.65. Also my profit is capped at 18.6% if the price reach 15 or beyond. bought 1000 of knot@10.54. trying to sell 20 DEC 7.5 VISG.