Hi All, I entered the February 55 day trade today. I figured for 2011 we should set the account value back to $20,000 and bring the trade size back down to where it was the beginning of last year, therefore I am resizing all the trades. For the trades that were entered double size in […]
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December 21, 2010 Trade Update
Hi All, I adjusted the January 55 day butterfly again today. I sold the 4 – 760 butterflies and rolled 3 of them to 780 and one to 790. I currently have 3 – 730/780/830 put butterflies and 3 – 740/790/840 call butterflies. The position is currently down about $1900 and is shown below. I […]
December 20, 2010 Trade Update
Hi All! I apologize for the delayed update, I have been very busy getting ready for Christmas. Friday afternoon I added 2 – 740/790/840 call butterflies to the January 55 day position. The trade is currently down about $1200 and is shown below: I have not entered any 30 day trades for January yet. As […]
2010 Trade Results
Hi All, Below are the 2010 results for the 3 trades I’ve been following. The results cover 13 months because we just happened to start in December and I wanted to start fresh in January as we will be following some different trades. Just as a reminder: I am posting these for EDUCATIONAL PURPOSES ONLY […]
Quote of The Week!
Never take life seriously. Nobody gets out alive anyway. — Anonymous
12-13-10 trade Update
Hi All, On the January 55 Day trade, I rolled both the 710 and 730 butterflies to 760. Currently the position has 4 – 710/760/810 butterflies. I’ll get pictures tomorrow. That’s it for now!