"BANG" Option Trading...taking $1,000.00 to $100,000

just talked to my broker, optionsxpress...they said the pattern daytrader rule only applies to those using margin from a margin account...I am using all cash from a cash account do...it does not matter!...can use cash in my account once per day ....buy and sell once per day etc.
 
zoning in right now on:

USO-Oil
GLD-Gold
QQQQ-Nasdaq 100
AAPL-Apple-#1 % holding in Nasdaq 100

...really trying to sharpen my focus...made a $364 winning trade using $1,000.00 trading AAPL options today...lot of volaitility with AAPL today
 
Knowing you, you would be way more "high energy" had you made a real money trade. I'm calling your bluff sir :)

Quote from increasenow:

zoning in right now on:

USO-Oil
GLD-Gold
QQQQ-Nasdaq 100
AAPL-Apple-#1 % holding in Nasdaq 100

...really trying to sharpen my focus...made a $364 winning trade using $1,000.00 trading AAPL options today...lot of volaitility with AAPL today
 
Quote from R. Raskolnikov:

Knowing you, you would be way more "high energy" had you made a real money trade. I'm calling your bluff sir :)
if was real money...would be.."bouncing off the wall" :p
 
Then why did you say using "$1,000" (the amount you SAID you'd be trading real money with?

You are trying to deceive everyone, young cat :p

Quote from increasenow:

if was real money...would be.."bouncing off the wall" :p
 
Quote from R. Raskolnikov:

Knowing you, you would be way more "high energy" had you made a real money trade. I'm calling your bluff sir :)
oh yea...just re read...not intention to deceive--all demo trading now...believe me, I'll let everyone know when I am trading with real hard cash $$ :D
 
Quote from R. Raskolnikov:

Then why did you say using "$1,000" (the amount you SAID you'd be trading real money with?

You are trying to deceive everyone, young cat :p
no, no, no...total transparency here...demo cash..demo trades...all is cool...chillin...will let the world know when it BE real cash $$$
 
Looking fwd to your "Meow" to the world, young cat :cool:

Quote from increasenow:

no, no, no...total transparency here...demo cash..demo trades...all is cool...chillin...will let the world know when it BE real cash $$$
 
Quote from increasenow:

"BANG" Option Trading...taking $1,000.00 to $100,000

Will deposit a FRESH $1,000.00 into my OptionsXpress account...will trade up to the whole $1,000.00 in my account...will trade once per day or...buy and than sell the next day...

will demo trade to begin with...

Could be done... but before you start, keep in mind:

There is no Holy Grail when it comes to trading. Most people understand that fortunes are made in decades of hard work and then can be lost overnight.

1. Preservation of capital

2. Managing the fear and greed

3. Discipline

4. Commitment to self education

5. Understanding psychology of the market

6. Understanding yourself

7. Realistic returns

8. Enjoying trading
 
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