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And so I embarked on my paper-trading trail with a set of simple rules to guide me. Take an imaginary portfolio of $20,000 and invest in 5 different stocks to lock in an approximate 10% return selling covered calls. I set up my method with a <b>stop loss</b> whereby I closed out the...

Seems simple enough and my mathematical mind began to quickly compute that a 10% monthly return is in excess of a 200% annual return! That would mean that a $10,000 account would grow into $1,000,000 in less than 4 years! Exciting stuff, but too good to be true?!? You be the judge...

After some initial investigations, I determined that most of what was purported as the "holy grail" had little chance of ever being such. I dismissed these and focussed on what seemed <i>may</i> provide a desirable outcome. After a bit more study I determined that the approach of selling...

So I collected a number of texts that detailed various trading strategies that were supposedly providing the possibility of excellent <i>results.</i> Results are what truly matter. After all, if one is to become a devoted student and practitioner of trading - in the end, you want to attain...

This is an attempt to chronicle my journey as a trader over the past 10 years. It began as a cursory investigation as a newbie trader into what may very well become one of the most powerful and lucrative investment methods ever devised. It all began in 1998. I was working in Silicon Valley...

OK so the "rally" has thus far advanced 22% off the lows (spx). It was "confirmed" on 12-Mar-2009 and in 9 trading days has gained 7.86%. A shift to LONG "swing" futures contracts has been profiting, but we are still tentative given the couple of distribution days we've had since. Today...

Many here do not indicate they give a hoot about the Stock Market's mid- to long- term projections. These are probably the stubborn types with money that are on quiet having not foreseen or traded out of the 50% slump we've just experienced. No doubt many heart attacks have occurred as you...

Friday's action and the week, Stocks sank in higher volume Friday, marking the second recent distribution day for the S&P 500 and Nasdaq, despite a week of gains for the market. The S&P 500 and the Nasdaq marked higher-volume losses March 16. Two down days in higher volume over a short...

Pretty much all we could hope for were modest losses on easing volume - an "inside day". After recent heady gains, indexes came down to settle at previous resistance turned support. :)

BIG volume came into the market today lending further credence to the fledging rally. The Nasdaq's gains lifted that index above its 50-day moving average, the first time it has closed above that line since Feb. 12. The NYSE composite and S&P 500 touched their own 50-day lines and closed...

Missed today. :(

I don't know what else to post. . .it has all been said and done. "Craigslist" nationwide marketing campaign now under way (services for a nominal fee). I need to collect C2 fees, etc. and advertise to get more monthly income from website and at Collective2.com. Eventually I will have...

Yesterday's gains came in sharply lower NYSE volume. The market needs up days on higher volume, down days on soft volume, if the rally is to survive. Not the opposite. pay$

Why would any and all the (few) successful traders here - that could capitalize on help with a larger account to trade. . .compete with such an inane process. He is only going to pick one, I suspect. I could really use help, but I am sure I will soon have other options and can avoid this...

Seems silly that our elected officials that are in bed with Wall Street at the expense - HUGE, I might add - of our/taxpayer money/children's/children's children debt. . .can rig the Ponzi scheme of running our global financial system complete with periodic (avoidable, in it's HUGE form) bubbles...

Change of heart? :D

Reversal in higher volume does <i>not</i> bode well for our budding new rally.p$

A key on whether rally this will be successful, will be to see if more leading stocks can breakout in heavy volume.p$ Always let the broad market's price and volume action speak loudest <i>as opposed to cheerleading from Obama and Bernanke...though every little bit helps! :D

I apologize, you must not have seen the chart update on the previous page (-8%). :p

I thought it was like 11%. I am a "swing" trader and do not necessarily shift from SHORT to LONG until a range of indicators "confirm". That shift came after the close Thursday. Already pared back about 50% my usual exposure, drawdown was minimal - - but it is hoped that if more buyers...