Opened 3 new positions today and reached my maximum margin threshold. I talked about some of these positions in the Weekly Trade Ideas video put out yesterday, and because today had all the right price action I was looking for, I decided to bite on some of those ideas. First up we have $AAPL. This stock is way oversold, and has high implied volatility. This means that we can sell for decent premium far away from the market and maintain a high chance for profit. I wanted to se
9/18 $T: Got out of the Oct17 33.5/35.5 Bull Put spread @ 0.30, which was a gain of 0.31. $T rocketed higher this week after forming a bottom and established that this move was no dead cat bounce. Honestly I'm just happy to finally log a directional winner ... it seems that every directional call I made but didn't open a position in made money and every one I did get in lost money. Oh well. That's the way trading goes sometimes. 9/19 $WMT: Got into the Oct17 75/80/85 Iron But
I've decided to make a change to how things are done for this Trading Journal. During the day I have to focus on actually managing positions, finding new opportunities, staying read up on the latest market news, and creating video content. It's too much to juggle to do all of that AND create trade UPDATE videos. So from now on, I will write up a short paragraph here at the end of each day in which I make a move, be that opening, closing, or adjusting positions instead of maki
It's hard to remember to put everything here as well as all the social media areas ... but here it is for your viewing! These are positions I have on with REAL money at risk as opposed to the previous IDEAS. See this post for clarification. Follow along with my returns in real-time! Check out this Google Doc!
This is a Google Doc spreadsheet that contains every position entered, adjusted, or exited from my REAL MONEY account. I will be doing quarterly return updates based on this information: Here's the spreadsheet. Quarters are as follows: Q1: September 5, 2017 - December 1, 2017 Q2: December 4, 2017 - March 2, 2018 Q3: March 5, 2018 - June 1, 2018 Q4: June 4 - August 31, 2018 There will still be the traditional Saturday Portfolio Analysis, but those videos will focus on how posi