Danno's futures-options blog
- Thread starter DannoXYZ
- Start date
Where'd ya go, Danno?
Quote from JimmyJam:
He's probably busy making money!
Or blown up from massive over leveraging :eek: Hope not.
Last seen discussing obesity in chit chat:
http://www.elitetrader.com/vb/showthread.php?s=&postid=1178151#post1178151
Perhaps he just got hungry?
MoMoney.
I got scared and freaked out. Got greedy and opened up another one-sided position and lost $1k in cocoa. Cashed out all my positions and gonna paper-trade spreads a little bit and get my confidence back up.
Also was busy with planning my party last weekend: http://members.cox.net/danno9
Had a rash of orders come in for my Porsche-upgrade biz, so been slaving away in the shop cutting & welding. My plan is now to close up shop on this mail-order operation by the end of the the year. Also close down the computer-consulting biz as well. Both of these are taking up too much of my time and I can't focus enough on learning and practicing trades. With those distractions gone, I can focus on living 100% from my trading.
Finally, been busy training for an up-coming bike-race. The Giro di S.F. on Memorial Day: http://www.metromintcycling.com/?giro_di_sf
After that, I should be back on track.
Also was busy with planning my party last weekend: http://members.cox.net/danno9
Had a rash of orders come in for my Porsche-upgrade biz, so been slaving away in the shop cutting & welding. My plan is now to close up shop on this mail-order operation by the end of the the year. Also close down the computer-consulting biz as well. Both of these are taking up too much of my time and I can't focus enough on learning and practicing trades. With those distractions gone, I can focus on living 100% from my trading.
Finally, been busy training for an up-coming bike-race. The Giro di S.F. on Memorial Day: http://www.metromintcycling.com/?giro_di_sf
After that, I should be back on track.
Quote from DannoXYZ:
Finally, been busy training for an up-coming bike-race. The Giro di S.F. on Memorial Day: http://www.metromintcycling.com/?giro_di_sf
After that, I should be back on track.
What cat are you?
You didn't go long cocoa, did you? I took the other side of that bet, and have been happy.
Hey Danno,
Are you putting in market or limit orders for these things? I just moved to Man, and had some serious confusion over their software today, but the commissions are great!
Are you putting in market or limit orders for these things? I just moved to Man, and had some serious confusion over their software today, but the commissions are great!
I'm in the cat-3 race at 2pm. Renewed my license after 10-years and the downgraded me. I think I'm gonna get my @ss kicked royally!
I went long-calls and it took a dump. I gotta start using stops on these things...Quote from FullyArticulate
You didn't go long cocoa, did you? I took the other side of that bet, and have been happy.
I just use market orders. Seems to execute faster and I don't have to worry about missing the move completely.
Ok, finally closed out a spread on wheat I set up on 23-aughttp://charts.barchart.com/chart.as...1&ov1=022&ch2=031&ov2=057&code=BSTKIC&org=stk:
OPEN
23-aug-06: buy (2) oct-365 calls -2575.00
23-aug-06: sell (2) oct-410 calls +500.00
------------------------------------
-2075.00 total
CLOSE
28-aug-06: sell (1) oct-365 call +2050
30-aug-06: buy (1) oct-410 call -600
31-aug-06: sell (1) oct-365 call +2700
31-aug-06: buy (1) oct-410 call -1000
------------------------------------
+3150.00 total
RESULTS
-2075.00 +3150.00 = +1075 (+52%)
I really shot myself in the foot by setting up the short side of the spread way too close... grrr... I think for a fast-moving thing like this, a long-strangle would've been better. At least that way, the losing leg has a fixed loss amount that doesn't increase as the underlying moves past it...
Good fills?