2014: The Battle for Survival

[neke]

Period Update 12/30/2017 - 03/31/2018
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Good three months (+73.6K, +42%). One big down month, Jan, followed by two strong months of Feb/March.

Jan was shaping up to be a negative month, but made some final blunders that accounted for the big negative. Missed out on much of the upside, and just when I decided to put some momentum strategies to work, the market started to fail, resulting in even more negatives. Glad though the volatility picked up in Feb and Mar, and became very active with the volatility strategies - worked wonderfully to recoup my losses from Jan, and racked up more gains. Hope the state of the market continues a while!

As the account grows, the acceleration rules means I can do more % size on options now.

Next update will be in 3 months.Still not ready to revert to monthly updates.

For 2018

Starting Balance: 172,023
Start Date  End Date      P/L   Withrawal  Closing Balance
2018-01-01  2018-02-05  -55560  -6000     110,463
2018-02-05  2018-03-05   70245  -3000     177,708
2018-03-05  2018-03-31   58942      0     236,650

 

[southall]

Nice profits. You smashed through the poverty line!

The initial plan was to suspend monthly update until my account balance (after withdrawals) comes above 200K (the poverty line). That is still the plan, unless I feel it is too much to go back to monthly updates.

How do you feel about going back to monthly updates?

 

[neke]

No monthly updates. Don't want to get back there, and get jinxed (account goes below once again). Besides there isn't much motivation to do that.

 

[WallStWhizKid]

Nice comeback. Getting out of a hole is mentally one of the hardest things to overcome.

 

[may916us]

Is Neke Day-Trading option? No overnight positions?
Thanks.

 

[neke]

Is Neke Day-Trading option? No overnight positions?
Thanks.

I trade stocks and stock options. About 70% of my option positions are intra-day (not held overnight) - but the opportunities are like one such trade every 3 or 4 days: yes I am picky. You can't be very active in the intra-day time frame, as the costs can quickly add up.

 

[southall]

Next update will be in 3 months.

Neke,

I notice you haven't given an update yet for Q2.

 

[neke]

Neke,

I notice you haven't given an update yet for Q2.

Thought nobody would notice Ok will do so shortly - nothing remarkable.

 

[neke]

Period Update 03/31/2018 - 06/30/2018
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Negative three months, down 13.5K(6%). Lots of toiling without any break-through.

Suffered the first month with some serious losses after raising my leverage on options. Had to scale back, pared back the losses, but nothing remarkable afterwards. I hope the next 3 months provide something better.

Next update will be in 3 months.

For 2018

Starting Balance: 172,023  Cumulative P/L: 60,044
Start Date  End Date      P/L   Withrawal  Closing Balance
2018-01-01  2018-02-05  -55560  -6000      110,463
2018-02-05  2018-03-05   70245  -3000      177,708
2018-03-05  2018-03-31   58942      0      236,650 
2018-03-31  2018-05-05  -16482  -3000      217,168
2018-05-05  2018-06-02   -6498      0      210,670
2018-06-02  2018-06-30    9397      0      220,067

 

[Humpy]

Well done keeping going since 2014 !
You must be getting more comfortable though with some big wins ?