Hi Traders, Nice pull back in the markets today. Looks like a little bit of profit taking which is quite over due. This is not much of a concern for the up trend and we will likely only see a pull back to the recent support levels. We will need to watch to see if […]
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Twenty years from now you will be more disappointed by the things that you
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover. – Mark Twain, American writer Just imagine for a moment that […]
Think
Think about all those things you are thankful for. Use gratitude everyday!
January 14, 2011 Trade Update
Hi All, I closed all the January trades today. Results are as follows; Jan 55 +$1251 or 13.5% invested capitol. Jan M15 +$3540 or 26.1% invested capitol. Jan SPY +$46 or 2.3% invested capitol. Feb trade remains untouched. I will be looking to enter the remainder of the Feb trades either next week or when […]
January 13, 2011 Trade Update
Hi All, I rolled the 800/850 call spreads back on the January Method 15 by purchasing 2x 800/810/850/860 condors yesterday. This position is now a 2x 740/790/ 810/860 call condors. I sold 1 of the 6 740/790/ 810/860 call condors on the January 55 day trade this morning to reduce margin and then rolled the […]
Perseverance
“Perseverance is about as important to achievement as gasoline is to driving a car. Sure, there will be times when you feel like you’re spinning your wheels, but you’ll always get out of the rut with genuine perseverance. Without it, you won’t even be able to start your engine.” – John Rohn, Legendary personal achievement […]