Follow up on my first attempt at trading options
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A few weeks ago, I mentioned my first attempt at trading options here[^]. The last few weeks have been quite interesting. Being a newbie, I didn't sell when my first position was up 80% after I boasted to all CPians. I've been trading probably too much, but here are the results of my first 8 transactions. -16.7% (I was too greedy to sell at +80%) 25.0% -18.6% 61.5% 7.7% 21.7% 54.5% 17.4% It does take a lot of time and effort I'm finding out. I'm also finding out that it's a bit more fun than the project I'm working on right now.
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A few weeks ago, I mentioned my first attempt at trading options here[^]. The last few weeks have been quite interesting. Being a newbie, I didn't sell when my first position was up 80% after I boasted to all CPians. I've been trading probably too much, but here are the results of my first 8 transactions. -16.7% (I was too greedy to sell at +80%) 25.0% -18.6% 61.5% 7.7% 21.7% 54.5% 17.4% It does take a lot of time and effort I'm finding out. I'm also finding out that it's a bit more fun than the project I'm working on right now.
Larsenal wrote: I'm also finding out that it's a bit more fun than the project I'm working on right now. So is Vegas. Not much different than online trading. Probably the same adrenal rush, the "I know I can win this time." I don't suppose there's a 12 step program for online traders, is there? Marc My website Traceract Understanding Simple Data Binding Diary Of A CEO - Preface
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Larsenal wrote: I'm also finding out that it's a bit more fun than the project I'm working on right now. So is Vegas. Not much different than online trading. Probably the same adrenal rush, the "I know I can win this time." I don't suppose there's a 12 step program for online traders, is there? Marc My website Traceract Understanding Simple Data Binding Diary Of A CEO - Preface
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Larsenal wrote: I'm also finding out that it's a bit more fun than the project I'm working on right now. So is Vegas. Not much different than online trading. Probably the same adrenal rush, the "I know I can win this time." I don't suppose there's a 12 step program for online traders, is there? Marc My website Traceract Understanding Simple Data Binding Diary Of A CEO - Preface