Articles from May 2008

Daily Recap – May 15, 2008

Short and sweet since I’m feeling a bit under the weather.  I need to learn to not leave so much money on the table.  It’s frustrating and starting to get on my nerves!
Trades Taken

-1 x JASO June 25 Call
-1 x LVS June 65 Put
1x VLO June 45 Put

Profit / Loss on the Day / Open: [...]

Daily Recap – May 14, 2008

Okay.. someone explain to me what the heck just happened.  Here’s a 1 minute chart of the Q’s.

Around 2:30 (yes, that 2:30 reversal period), the Qs and the rest of the market went right down the toilet.  I think the bears were mocking the bulls and were loading up just to give them some false [...]

Daily Recap – March 13, 2008

Another day in the books and another recap to be had.  Quick and dirty since I’m at work today, unfortunately.
Trades Taken

1xNQ

Profit / Loss for the Day: $145
Profit / Loss Open: $115
Another good day.  Slowly but surely I’m getting my bearings.  The next step is to develop my own stock scans.  If any of you have [...]

Daily Recap – May 12, 2008

Overall, while still another loss, it wasn’t a bad day.  Once again, however, tight stops on futures got the best of me.  It’s a work in progress though.  Once I refine my futures trading skills, I’ll be able to post more consistent profits.  I did notice around lunch time trading in a zone somewhat.  Remember [...]

I’m Leaving the Options World…

And will begin trading penny stocks!  Well not entirely.  This weekend, I took up a homework assignment by Timothy Sykes, of the penny stocking Sykes.  His contest was a giveaway of his book, An American Hedge Fund, to the person with the most in-depth research on a penny stock, NT Holding (NTHH).  After spending a [...]