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Picked up some brcm 37.5 calls. I'm gonna stop posting size. Paid .6

The market surely stinks. Why TXN? I really like how the chart is looking. But the tech sector sucking could kill the chart, I guess we will find out soon enough.

I would post my current positions, but the losses are a bit embarassing. if you don't believe me, you don't got to.... my trades aren't making any money anyways.

yep.

I changed my stop to .75... shoudl have updated earlier... but there you go

Picked up 1000 june 32.5s for 1.52 on avg. Stop at 1.25 Target: not sure yet. Iceman - great trade on TIE. I think some of the others may have just been rubbed the wrong way when you continue to push other trading ideas. Let's just all get along - everyone should post their thoughts, thats...

not right now. the market may be in trouble. I am going to sit out for a while and wait for dust to settle. I try not to pick bottoms and tops and try to trade the middle. We were potentially continuing to trend higher, but it appears that things may be changing. Will have to be patient and...

what a market. Considering that this TXN trade made me sit on my hands, I suppose the 140k I paid was not a bad price. Given how weak the market is, I think TXN may still have a chance, albiet quite a small one. It's nice to finally take a break from trading. 2006 has been a spectacular year...

TIE calls continue to kick some butt. Maybe its a top here? haha

yea, i didn't particularly want the relative value aspect of things to affect perception. Just as a disclaimer, I went into this knowing well that I could lose it all, or at least most of it. I think I can escape with a 50% loss though. Should have just gone out and bought some gold...

These charts are a few days old now - but I thought I'd post them anyways.

yea, i was keeping an eye on that. I will make a move by Friday. And novel, this is why I didn't want to post my size at the beginning. But all is well, I will live to fight another day. Depending on it's action going into Friday, I may pony up the additional premium for the June 35's.

well..... I would love to say no.... so let's just pretend i didn't.

This was a trade where I decided not to have any kind of a stop. So conceivably, I just lost 60% of my option gain for the year.

no people dind't just tell u to stop trading. People told you to slow down and learn first. Reduce your size, develop a system - succeed before size. People point out your mistakes and you think you are right about everything when you are wrong. Your single biggest problem is that you don't...

your flaws are deeper than not taking losses short. Your ego is too big. If you don't start trying to learn, you will fail. good luck.

well Truth, I am a real trader, go look for my post as I recently posted an outrageous trade and am currently on an outrageous trade (for everyone else). I am echoing the same sentiment that everyone else is saying, so you probably should try to keep an open mind.

I haven't had too much success in the past picking tops. Theres a good chance that the mm's continue to run it - I've witnessed first hand strong trending stocks continuing to run into expiry even though all reason and rationale said no way. Good luck with the trade though. I've got a messy...

truthseeker, Having persistence and courage isn't necessarily going to mean you will succeed. There have been many many people who had the courage to make the trade and never amount to anything. THere is a common theme with these folks - they don't try to learn. You are right, you got to...

My option portfolio is sort of my big risk taking portfolio. It represents about 10% of my total investment capital. Intraday I trade index futures and hold a portfolio of stocks as long term. With this trade, my basic premise is that I am risking 140k to make 140k, and at the same time, i am...