From $10,000 to $100,000 in 6 months.

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These threads are fun and the op is a good sport for taking a beating here, as he should.
I do not thow stones but this guy is young and there are maybe signs of a "cash only
degen gambler" forming here.
I would love to see the op run a "10k to 11k in 6 months thread with less than 20%
drawdown" taking only a couple trades a week. Might end up with 20k and a smooth line.

The cash only reference is to Amex. You need to show a history of managing reolving debt in order to get loans. At least in my world you do. Get a MasterCard , use it, and pay your bills.
I am only saying this because you are 22 years old. I cant trade good so dont start with me.
 
This thread is disturbing. So many people spend this much time doing all the BS :D

Just leave this guy alone. Let him make or break. It is his own $$.
 
Yeah, he put the whole enchilada ($2k) into those Q puts. Yes! Yes! Yes!

Cubes are down a dime or so in the AH... he's got a shot! I am absolutely pulling for him, as I am short NDX deltas, and his knowledge of opshuns and dividents is unusurped. And he's really cool.
 
drownpruf said:
Yeah, he put the whole enchilada ($2k) into those Q puts. Yes! Yes! Yes!

Cubes are down a dime or so in the AH... he's got a shot! I am absolutely pulling for him, as I am short NDX deltas, and his knowledge of opshuns and dividents is unusurped. And he's really cool.
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I'm pulling for him too. It is unfortunate that on each of his two options trades he has pinned his hopes on getting it all back at once rather than introducing some form of bank roll management into this thread.
 
lotto said:
I'm pulling for him too. It is unfortunate that on each of his two options trades he has pinned his hopes on getting it all back at once rather than introducing some form of bank roll management into this thread.
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He could have taken $3 today. As stated, no MM nor exit strategy. In desperate need of a family intervention.
 
drownpruf said:
He could have taken $3 today. As stated, no MM nor exit strategy. In desperate need of a family intervention.
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For a brief moment at 10:24 AM EST it was trading at about $3.00. It is impossible to watch every tick and know when the high of the day is. AAPL was on a strong upward trend at 10:24 AM.

:)
 
FXforex said:
For a brief moment at 10:24 AM EST it was trading at about $3.00. It is impossible to watch every tick and know when the high of the day is. AAPL was on a strong upward trend at 10:24 AM.

:)
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lol nobody would ever trade if that were necessity. The point would be to get out whole.
 
actionzip54 said:
I think the Q's trade is at least a decent trade.
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He is all-in on an expiring weekly. The outcome any particular trade, no matter how robust the edge, is unknown. Proper bank roll management would make that outcome, in any particular instance, unimportant. In this case, the survival of his account through the weekend depends upon a favorable outcome for this one trade. No matter how sound the thesis for the short trade, it is never a good thing to be all-in (unless that was somehow the plan - do perform stunts).
 
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