need to stop churning

spreadsheet is now simplified and reporting weekly....
weekly commission was not met but close to the 75k shs max... given week's volatility, I think it was a justified.......i hope to keep this up for next week

bulk of profits were from 3 day swing on TNA, QQQ, ERX, WLT, CLF, was fortunate to sell 90% longs on thursday
 

Attachments

current holdings:
long MGM
short BYD
short RAX
short DV

plan for the week is to get long when oversold, potential support is spy in the 140 area or iwm in the 80 area... will daytrade short in the meantime

names to watch for the week:

Potential longs
CLF, WLT, ANR, LVS, JOY,HON

potential shorts
FB, AMZN, SHW, SBUX, FSLR, WFR , CECO
 
Quote from 1a2b3cppp:

At once?! :eek:

yes 150 was just an avg.. ive had consecutive days trading 500 or more.. at $1per.... on a heavy option churn day I would be lucky to be break even

though that style wouldve paid handsomely on friday...there were some huge moves in AAPL options on friday... and i was pretty upset to not be involved, however i realize that it was a pretty unique circumstance to get such extreme moves on an opex day

in the long run i cant maintain my pace or i will churn away.. i have to curb the volume
 
Back
Top