Mav's Verticals

Quote from Maverick74:

I don't know how much interest there is out there in me starting a journal but I do have some concerns over that. One is I noticed from reading a lot of journals that they seem to be full of people that just attack the journal owner. Guys bicker back and forth about this and that and there doesn't seem to be any value there.

Also, I tend to have a lot of open positions and I tend to do a lot of stuff with very thinly traded options. I'm not sure how safe I feel about letting the world know where I am on a very thin option when it's time for me to get out. LOL. I'm a very private person when it comes to trading also. I don't like to talk about my success or failures particularly my success. I don't want it to affect me psychologically. And it will! LOL. I was featured in Smart Money magazine a few years back about options trading and boy did I take a hit after that. Talk about calling a top. It was brutal. Ever since then I have never talked about money or my options trades with anybody. It's the kiss of death.


Mav, the reason that I ask is just to expand the education of your trading to others. I think there is nothing like watching real trades unfold (good and bad) to learn from and watch how the dynamics of the trade change. As to others criticizing your picks, personal attacks and all that other b.s. members do, I have noticed a few pro's who have journals (we all know who they are) ignore the the attacks and don't pay any credence to them because if for no other reason, they don't add any value to the journal/thread. Usually you will see the avid followers of the thread defend the journal writer (as I would) and then again you can always simply put the hecklers on ignore. You mentioned something about not talking about making/losing money to others - I don't think you should either. I am more interested in the setups themselves, for example writing about how you legged into a spread strategy and you don't have to put a $$ number of how many contracts you are actually buying, but rather just put in the entries/exits prices of the contracts when they are executed. Maybe you could just write a default of 1 contract on all setups to keep things simple (depending on type of spread). Again, I for one, am more interested in seeing different strategies in real time as opposed to how much $$ were made/lost on the trade. Another suggestion would be only to list trades on options that have heavy contract volume (maybe save the thinly traded issues) I think there are alot of lurkers out there who would love to see a thread on options/spreads on et by a pro. I hope you reconsider. Feliz Ano Nuevo!!
Cheers. :)
 
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