Up 8,000% for the week

A

Ayn Rand

I had a pretty good week. I did GS options and got about 80x on my initial investment of $5,000.

I was doing a lot of swing trades. Perhaps 10 - 15 trades a day.

I actually have no documented strategy. Just lucky.

Anyone else have a good week.

FYI - Markets go up and Down.

I love America lots and lots and then maybe a little more.
 
Ayn Rand said:
I had a pretty good week. I did GS options and got about 80x on my initial investment of $5,000.

I was doing a lot of swing trades. Perhaps 10 - 15 trades a day.

I actually have no documented strategy. Just lucky.

Anyone else have a good week.

FYI - Markets go up and Down.

I love America lots and lots and then maybe a little more.
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You do realize that if you did exactly what you did this week when next week starts, you can be right back down to BE at $5000? Profit is a fickle thing.
 
MKTrader said:
Must be a @SA Market Forecaster subscriber. :p:D
Oh wait, he claims to have gained 8,000%, not lost it...
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His gold 1400 puts trade isn't dead......yet. :)
No daily close above 1504.
XAUUSDDaily.png
 
The only option I do is GS. It was actually since Thursday before last. I did hold several large position overnight.

At the end it was hard to find where to place all the trades.

I go for 1 week out to the expiration week. More on the first and less on the other.

This has only happen once before about 2 years ago.

Needless to say - tonight is going to me amazing.
 
Bum said:
His gold 1400 puts trade isn't dead......yet. :)
No daily close above 1504.View attachment 206870
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Yep, super lucky, since it's been in the 1510 area a few times. That put option price must have fallen drastically, though. With time decay and bid/ask, I'd guess gold would have to fall to at least 1450 just to break even...though I'm not good at guessing option prices. Haven't messed with them in a long time.
 
I do want to address this - "I actually have no documented strategy. Just lucky."

I have traded options for over 20 years. I should have been more diligent and recorded all kinds of data but I did not.

I just now look at a market and get a hunch. No one wants to hear that.

But if you have followed markets for over 20 years - GS for at least 5 - you have a feel.

There is probably a mathematically basis to it but when you are in the zone you are in the zone. If anyone can explain that. Great.

I was zoning out Big Time and loved it.
 
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