icemans' IRA trading Journal

thoughts to ponder this weekend:

(needed to listen to AR this weekend... wanted to share some of his words)


Success without Fulfillment... is Failure

We are not human doings ... we are human beings... most people in life are spending most of their time majoring in minor things

We all get our musts... we don't all get our shoulds... what you believe is a must is what you are now getting... you are earning what you must earn... you need to turn your "shoulds" into your "musts".

You want to get the edge? Get over your fears... and tell yourself the truth.. be honest with yourself; an extraordinary life does not come merely from more money or a better relationship... its not from a better job.......... but rather it comes from you finally stopping and understanding that the quality of your life is directly correlated to your emotions and feelings on a daily basis; find out where you now spend most of your life emotionally... and discover if its really where you want to be.

The only thing you need to give up to get where you want to be... is your story of why you can't have it... the past does equal the future... unless you live there!

If you aren't doing it... you don't know it

... Anthony Robbins

(paraphrased)
 
Quote from iceman1:

thoughts to ponder this weekend:

(needed to listen to AR this weekend... wanted to share some of his words)


Success without Fulfillment... is Failure

We are not human doings ... we are human beings... most people in life are spending most of their time majoring in minor things

We all get our musts... we don't all get our shoulds... what you believe is a must is what you are now getting... you are earning what you must earn... you need to turn your "shoulds" into your "musts".

You want to get the edge? Get over your fears... and tell yourself the truth.. be honest with yourself; an extraordinary life does not come merely from more money or a better relationship... its not from a better job.......... but rather it comes from you finally stopping and understanding that the quality of your life is directly correlated to your emotions and feelings on a daily basis; find out where you now spend most of your life emotionally... and discover if its really where you want to be.

The only thing you need to give up to get where you want to be... is your story of why you can't have it... the past does equal the future... unless you live there!

If you aren't doing it... you don't know it

... Anthony Robbins

(paraphrased)
More...

edit

the past does NOT equal the future... unless you live there
 
TIE

+ 10 June 90p 4.725 avg

gtc selling June 65p 4+

day order buying June 60p @150

is there a crazier stock to trade against the trend other than this one! :D :confused:

But gonna take a shot

also long +1 BTK May 630c @ 2890 (huge volume- eh?) :D Did one last week and made almost 1200. Today's PDLI warnng might be a problem in getting much more than 500 out of this one. I will roll into June if BTK has a lower low by Friday. Got an order to sell @37 on amex but looks doubtful to fill.
 
Quote from iceman1:

also long +1 BTK May 630c @ 2890 (huge volume- eh?) :D Did one last week and made almost 1200. Today's PDLI warnng might be a problem in getting much more than 500 out of this one. I will roll into June if BTK has a lower low by Friday. Got an order to sell @37 on amex but looks doubtful to fill.
More...

gonna sell 1 may 660c at 1250-15 (on amex @1250 right now)
 
Quote from iceman1:

TIE

+ 10 June 90p 4.725 avg

gtc selling June 65p 4+

day order buying June 60p @150

is there a crazier stock to trade against the trend other than this one! :D :confused:

But gonna take a shot

also long +1 BTK May 630c @ 2890 (huge volume- eh?) :D Did one last week and made almost 1200. Today's PDLI warnng might be a problem in getting much more than 500 out of this one. I will roll into June if BTK has a lower low by Friday. Got an order to sell @37 on amex but looks doubtful to fill.
More...

TIE


made a mistake- didnt see earnings were today (i.e. vola) - dumb!! Paid too much for June puts! Anyway - yesterday did sell June 65p for 2.90 and today sold the May 70p for 2.20. Not too convoluted a position! Will have trade it to max expectancy on June premium! :D :D :confused:
 
Quote from iceman1:

also long +1 BTK May 630c @ 2890 (huge volume- eh?) :D Did one last week and made almost 1200. Today's PDLI warnng might be a problem in getting much more than 500 out of this one. I will roll into June if BTK has a lower low by Friday. Got an order to sell @37 on amex but looks doubtful to fill.
More...

sold 1 BTK May 650c @ 2050 - will seek to close for +500 then roll down or wait for a 2nd 'leg' up in biotech if any to either exit 630c or sell a 640-660c. My very st target on BTK was 665.

day order (btc) May 650c for 15 on amex
 
Quote from iceman1:

sold 1 BTK May 650c @ 2050 - will seek to close for +500 then roll down or wait for a 2nd 'leg' up in biotech if any to either exit 630c or sell a 640-660c. My very st target on BTK was 665.

day order (btc) May 650c for 15 on amex
More...


OOOooppps

sold 650c too soon - now locked into (max) approx. 1200 profit IF BTk stays above 650. Now trying to exit the 630c for +2000 and roll into June 650c or 660c but no one interested. Why have an index that no one trades? :D

Anyone got an idea how to exit the 630c for a nice realized profit while holding the 650c short and repair this position with a reasonable risk/reward. It is my view that BTK is topping out ST at 680! Any ideas appreciated?

Maybe best to stay with the bull spread and take your max profit assuming BTK stays above 650!

Good thing none of us are perfect or life would be a complete drag real soon! Of course when I was younger I actually believed I was bulletproof and could be perfect in most things! Uh- nope!
 
PD

looking to enter PD short

havent traded this one in a few months but I think it's getting near a good time to short via options. Only question is which strategy to employ.
 
Quote from iceman1:



BTK

OOOooppps

sold 650c too soon - now locked into (max) approx. 1200 profit IF BTk stays above 650. Now trying to exit the 630c for +2000 and roll into June 650c or 660c but no one interested. Why have an index that no one trades? :D

Anyone got an idea how to exit the 630c for a nice realized profit while holding the 650c short and repair this position with a reasonable risk/reward. It is my view that BTK is topping out ST at 680! Any ideas appreciated?

Maybe best to stay with the bull spread and take your max profit assuming BTK stays above 650!

Good thing none of us are perfect or life would be a complete drag real soon! Of course when I was younger I actually believed I was bulletproof and could be perfect in most things! Uh- nope!
More...


BTk

what's that saying from Rocky "women weaken legs"?! Well, obviously bull spreads weaken profits! (or is it women spread legs?). Damn, I can't recall now.

All I know is this ONE lot (630c) bought at 2890 went to 55 bid and 58 intrinsic today. But looks like I might have to settle for 1160 unless I get cute!
 
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