Taking 410K to 4million by Year End 2010

[southall]

Still no word from neke.. he normally gives an update every friday.

I hope his account hasnt fallen below 200K this week.

 

[short&naked]

Lost it all selling FCN Puts... more later.

 

[southall]

Quote from short&naked:
Lost it all selling FCN Puts... more later.

FCN is that the ticker symbol?
Weekly chart doesnt return anything of interest.

 

[anesthesiaman]

Hi Neke thanks for sharing this journal.

From what I've read from others about you, you are a good trader. However, I do not understand your risk mgmt policy and WHY you have chosen this policy - which too me seems as if excessive risk is being taken unnecessarily. Can you please shed light on how you decide when to take a loss? Do you feel that you have to bet big to win big? Do you use mental stops?

Thank you.

 

[BarbaraM]

Give the guy a break, it take time to make up trades. He has a life outside this forum.

 

[short&naked]

Quote from BarbaraM:

Give the guy a break, it take time to make up trades. He has a life outside this forum.

not funny...

 

[retaildaytrader]

I wanted to come on here to report Neke has been wiped out, he has left the building. There were a few options trades that went bad. Neke is no more...

 

[TGpop]

Quote from retaildaytrader:

I wanted to come on here to report Neke has been wiped out, he has left the building. There were a few options trades that went bad. Neke is no more...

are you serious?

 

[short&naked]

Quote from TGpop:

are you serious?

Yes, he is.

 

[anesthesiaman]

How can that be? I though he had around 200k left. He could not have lost all that since last week or so.