Dest Jr's little trade journal.

[destriero]

He just bought a bearish fly on QQQ--expiring this week. Updates (T&S data) after the close.

 

[destriero]

New high on net liq with the QQQ fly helping out. Edit: +$405 marked from inception.

 

[destriero]

Fills for today. He covered all on AAPL as he wanted to short SPX. Unfortunately, he's still getting the hang of the iOS app and bought the SPX diagonal instead of the intended 2890 put calendar.

 

[SimpleMeLike]

My oldest is a senior this year at Davidson Academy. I am proud to state that both of my boys are attending and will be together for B's last year. He's a sharp kid and skipped a grade before entering DA. He has read Hull and his goal is to take over this taxable account, without oversight, by the start of Summer 2019.

He's completed all core courses needed to graduate so he's nearly 100% independent study. He's got a lot of time during the day to trade from his phone and iPad. He received a new iPad Pro today as some incentive to do well.

A lot of his trades will take place during his 10:15-11:00 nutrition break.

He's going to be a PHYS/Econ major in undergrad.

The account is a preexisting joint taxable account so I am not going to show the 2018 running PNL as it's immaterial (gains not attributable) and there were a few trades that he placed, a few I placed, so we're going to use today's positions as D1.

While I thought he was a bit too short with the SPY hedge; today was the first day that B traded solo. Positions shown in the pic.

I will update this thread daily with PNL screenshots. Continuity will be maintained.

destriero,

Very good job teaching your boys how to become independent wealthy. You starting them on the right track. Keep up the good work.

 

[destriero]

The good news on the diagonal f-up is that he cannot lose if he inverts delta.

 

[El OchoCinco]

He just bought a bearish fly on QQQ--expiring this week. Updates (T&S data) after the close.

Since this was posted after i posted my bearish ES put calendar, tell junior to stop hacking my computer and stealing my ideas .

 

[destriero]

Since this was posted after i posted my bearish ES put calendar, tell junior to stop hacking my computer and stealing my ideas .

He did well on the cubes. He's inverted now (long D) on the QQQ but the SPX has no bear-risk. He feels good about everything. He was going to close the diag immediately, but he's long everything but SPX so he's going to keep it.

 

[destriero]

Not much to report, trading-wise, but he's asked me not to post further runs beyond today's trade and the cover. He wants to post personally once he's hit a double. He was up $38 on 9 trades yesterday and went home flat. Today's trade is the 2915/2930 diagonal from 11.00:

 

[traderlux]

no greater blessing than when your children and/or grand children find success, a gift from the infinite and maybe some hard work on their end and yours.

 

[timbo]

Not much to report, trading-wise, but he's asked me not to post further runs beyond today's trade and the cover. He wants to post personally once he's hit a double. <snip>:


View attachment 191636

That's cool! We already know junior has more internet skills than his dad.