Search results

2007-05-15 JW Trading Activity : Add to long position with SFBFQ - SPY June 147 call @5.1. Open position : 4

2007-05-14 JW Trading Activity (2) : Add to long position with SFBFQ - SPY June 147 call @5.2. Open position : 3

2007-05-14 JW Trading Activity : Add to long position with SFBFQ - SPY June 147 call @5.5. Open position : 2

2007-05-10 JW Trading Activity : Initiated long position with SFBER - SPY May 148 CALL @2.25. Open position : 1 Jeff, I believe trading level so far is consistant with the past. In the past few years it has been averaging about 55 trades per year. It has been 17 trades for the 1st...

Last year I had the same feeling at first when the system did not trade for a period of 1 and a half month. But then I realized the system is as good as it is. What I need to do is to produce another system or even a intraday trading strategy (which I am focusing on recently) to fill the gap...

JW Trading Journal : 2007-04-17 Closed position: SFBPQ - SPY April 147 Put @ 0.55, -76.60% 2007-04 month to date return : 0.03% 2007 year to date return : 15.74% vs. 2007 year to date SPY (S&P500) return : 3.86% Open position: 0 It's funny I was reading about the lesson that Martin...

Usually if the option is more than a week away from expiration (at the time of buying) then I would use the current month options. My intention is not to hold it for more than 4 Trading Days. While it is true that the option from next month offers less risk, it also offer less profit potential...

Thanks thegazelle. From price's perspective, I don't really impose a 'target' as I enter a trade. A series of calculations (statistical, technical, etc) will eventually funnel into an end result as an indicator that will be checked against a set of parameters. It then serve as the trigger...

2007-04-12 JW Trading Activity : Initiated long position with SFBPQ - SPY April 147 PUT @2.35. Open position : 1

JW Trading Journal : 2007-04-09 Result I closed the remaining long position today with a little more gain. But too bad the market did not move much to the upside. These days I am evaluating the option of starting an incubator fund. If anybody can share their experience and/or opinion on the...

Did anyone try the incubator fund or hedge fund services from Greencompany vs. from Capital Management Law Group? If so, can you provide your experience/insights in terms of the service quality and costs at the setup and going forward basis? I got quotes from both companies but am wondering...

JW Trading Journal : 2007-04-05 Result Overall a pretty good week. Took profit with half of the position on Thursday and will ride house's money on Monday. Both initial trades should've happened at the market close of the previous day, but the damn meetings caused me to miss my trade. I...

2007-04-03 JW Trading Activity : Add to long position with SFBDK - SPY April 141 call @3.10. Open position : 2 damn meeting caused me to miss my trade at the close yesterday... should've got in at 2.70 :(

2007-04-02 JW Trading Activity : Initiated long position with SFBDK - SPY April 141 call @2.75. Open position : 1

Thank you Jeff. Unfortunately, further analysis from the past few days has came to some undesirable findings. Whereas the OEX gives me much more upside potential, it's a double edge sword. In order to protect the downside not to exceed the maximum drawdown that I can tolerate, I HAVE TO...

JW Trading Journal : 2007-03-28 Result Closed OEYPI - OEX April 645 PUT @6.50, +71.05% 2007-03 month to date return : 11.23% 2007 year to date return : 15.71% vs. 2007 year to date SPY (S&P500) return : 0.14% Open position: 0 First PUT trade was a success. :) The bid/ask spread...

2007-03-26 Trading Activity : Testing the model with PUT. Initiated long position with OEYPI - OEX April 645 PUT @3.80. Open position : 1

Thanks for your input Jeff. A while ago, I did some tests to include STOPs as part of the trading model but it did not produce a result as good as a non-stop model. In the non-stop scenario, I limited capital per trade to about 7 or 8% of the overall capital. And it recalculates every time...

JW Trading Journal : 2007-03-22 Result Closed DAWDO - DIA April 119 Call @6.10, +32.60% 2007-03 month to date return : 6.39% 2007 year to date return : 10.71% vs. 2007 year to date SPY (S&P500) return : 1.10% Open position: 0 Losses from DAWCU call expiration has shown up in the...

Thank you Jeff for bring this to my attention. If I didn't execute that buy order at market close then it would've closed at 4.4 and today final bid was at 4.80. And the reason I choose a more expensive option is to protect the value at the down-side and capture as much underlying movement...