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Thanks. I will see what the year gives with commitment to discipline.

Still trade stocks and stock options. As the list showed, for Jan it was 19 option trades and 40 stock trades. I do options only if the stock has tight option spread, and very liquid.

Yes, thanks. That trade was initially long 3200 shares, then exited half as the position went in my favour, leaving 1600 shares. When the stock went down later, and the average was triggered, it took an additional 4800 shares to bring the total to 6400, or twice the original entry qty. Needless...

Monthly Update for period 1/3/2014 - 2/1/2014 (4 weeks) Impressive start to the new year, up 23K (23%). Really feel now like a real break-out above 100K. It is a great feeling getting results from my new model of trading: the man-machine partnership. It is becoming increasingly clear that...

Awful. What makes you entitled to the earth?

He has just confessed he has a mental problem (as has been apparent for a long while). How can we help at ET? This is a forum for traders and trader-wannabes.

Link to Next Thread: 2014: The Battle for Survival

After three consecutive down years, it was a welcome relief having a positive year in 2013. Of course that was like scratching the surface after the massive draw-down that started four years ago. It is still a battle for survival, especially given I have to take cash out of the account on a...

Yes, I have tightened the conditions for the option trades and trading less of them. I think I have not been able to break even on the spread. The theme for 2014 will be basically the same: it is still a battle, so I was not going to start one, but since you would like to see a 2014 prefix, I...

Period Update for final period 11/30/2013 - 1/3/2014 (5 weeks) Climactic finale to the year, up 21K for the 5 weeks (26%). Biggest monthly performance in a long while. The holiday period was particularly impressive. Seems like almost every trade I touched turned to gold. Was at home on...

You just gave the reason there. They played video games with their laptops, you reported them. You traded on the laptop, they (or some other) reported you. Now your boss thinks banning the laptop will solve the problem (both theirs and yours). You can hardly blame your boss for bias there. It is...

IV for that month divided by sqrt(21 -number of trading days) , so that would be divided by like 4.5.

I don't mind paying that for GOOG and PCLN shares :)

Period Update for weeks 44-47 ended 11/30/2013 Streak of bad months continues, down 3K. -------------------------------------------------------------------------------- Opening Balance: 85,181 Net loss for period (3,021)...

No, Not again !!

In a sense you are correct. A big drop in my account due to overriding my system is sure to cause a drop in confidence. That makes me sober and want to adhere to rules, besides taking everything into consideration before deciding on the trade plan. That is something one is bound to lack when...

Period Update for weeks 40-43 ended 11/2/2013 Bad month, down 5.4K. One outlandish loss on the only day I was at home, decided to shut down my automation and do discretionary trades. Averaged down on an SCTY short, costing 14K. That deflated my confidence for the rest of the month. Took out...

Seems Bwolinsky got you there. Do you see how his thread appeared near the top? Pumped up his view count with a bot (I knew when he did that when that thread was active), and then wants to brag. Any computer literate person can do that. Shame on Bwolinksy!

So if in the next trade, he lost his premium, will you still stick around, and not bash him as a gambler?

Buying GOOG 950 weekly (10/25/2013) call ahead of earnings on Thursday would have generated 3000% return (versus 100% risked). It's however not a 30:1 scenario. The probabilities are not equal. Good luck finding 50:1 and 100:1 scenarios with equal probability.