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Just to recap for the last two weeks, did some trading, made 28K, withdrew 120K (99,000 end of last year and 21,435 end of day Friday), leaving 410K flat to start the new thread for the year: Taking 410K to 4million by Year End 2010. [EDIT BY MAGNA — At Neke's request this thread is...

After careful consideration, I have decided to kick off another year with a new target. Percentage-wise, it is not a lot different from the target for last year Taking 320K to 3.5million by Year End 2009, which was not achieved. The slow-down in volatility towards the end of last year made me...

I thought I should lower expectations in view of decreased market volatility, but who knows when things may pick up. There are still a lot of opportunities out there to aim high.

Yes I shall

Interesting. But you know what? The market is always right? I used to think the market was insane around 2003/2004 when the homebuilder HOV was trading at about $40 (adjusted), its forward PE ratio was less than 8, and its year-over-year earnings growth was > 40%. That was until the last few...

Good job, though your 2008 graph looks much "better" than I have! Seems to suggest I hit 1million, which is not the case. Here is my own graph compiled from the weekly percentages.

Weekly Update for final week 50/50 ended 12/26/2009 Shocking week to end the thread. Down 68K (11.9%). Not sure what is happening but my plans are being wrecked left, right, center. Started on Monday with a loss on POT, buying the 300 calls @ 5.20 average, and selling all later for a loss...

Nice! Hindsight is always 20-20. I shall look for that trade next year. Sorry to have lost you money on your 975K call.

Weekly Update for week 49/50 ended 12/19/2009 Awful week, down 45K (7%). What a bad way to end the year (with a week remaining)! If the ratio of winning trades (18 of 23) was an indication of profitability, it should have been a great week, but alas the diaster happened on Monday. I should...

Weekly Update for week 48/50 ended 12/11/2009 An OK Week, up 17k (2.8%). Traded only Wed-Fri, as I was away the first two days of the week. Not much happening in the market for me. Just trying to stay clear of major pitfalls as I wrap up the year. Opening Balance...

Weekly Update for week 47/50 ended 12/02/2009 This is just to post the details for the 3-day week for me for wk 47 earlier mentioned. High winning percentage making up for lack of outsized gain. Opening Balance: 562,801 Net gain for the week 35,484...

Weekly Update for week 47/50 ended 12/02/2009 Will be out of town from tomorrow for six days, and will not trade, so ending my week earlier. Good week, up 35K(6.3%). Will fill in the details when I am back.

Weekly Update for week 46/50 ended 11/28/2009 Ugly week, down 22K (3.8%). Should have stayed away from those SPY calls. Lately I have been having the raw end of those trades, and I should keep off them, except the individual stocks are not setting up frequently enough. Opening...

Weekly Update for week 45/50 ended 11/21/2009 Flattish week, up 4.6K(0.8%). Made it Tues/Wed, gave it all back on Thurs, and eked out a little gain on Fri. Still planning what my trading next year should look like. I am increasingly looking at incorporating more swing trades into the...

Trading that size one position at a time, you should not be overly impressed with 50K gain in a week, while you should not be overly surprised by 50K loss a week. If limited to 2000 maximum per position, same number of trades, you should not achieve the same result. However, if you have 10 X...

I don't normally like replying to criticism when I am down. Now that I have somewhat of a positive week, let me give a perspective. 1) I do not make 20000 shares of AMZN at my current account level - options yes (200 contracts), but that is not the same as stocks. 2) Agree to some extent I...

I don't know what trade station type is - I don't use them, but I do analyse my results a lot (my code + excel) and get statistics I am interested in - profit factor (yes), sharpe ratio (sort of -whatever anyone wants to make of it), others (not sure of your definition).

Yes, I am mindful of your call options. Each time I suffer a drawdown, I think "Damn, I'm putting her option in jeopardy. She is such a nice lady". I sure will try my best

I don't normally like to reply when the folly in the argument is very clear, but let's get it. Why AAPL or BIDU and not POT or FSLR, two other popular stocks, at the beginning of the year? And why just this year; I should have done the same with AAPL and BIDU January 2008 and earned their...

Weekly Update for week 44/50 ended 11/14/2009 An OK week, up 28K(5%). Thought my week was ruined on Monday with BIDU, but started a comeback on Tuesday, and finished green for the week. On Monday bought 200 BIDU 410 PUT @ 8.50, averaged in another 200 cars as the stock climbed. Same time...