I've been trading 500 shares on the average on options both calls and puts. So the more funds I have the more I've been trading bigger blocks. It's ridiculous because if for whatever reasons I lose all the money the 200k is what I've paid to those TDAmeritrade.
For those of you who don't know my trading record. I borrowed 100k since early March of this year and went up to around 300k then lost down to 150k then up back to 400k then down to 350k then 420k to 370k to 520k on Sept 1st. Today I'm at 550k, not much progress since early Sept. Good luck all.
S&P 500 tested 1920 3 times since early September. Get ready for a nice bounce either starting tomorrow or next week. I'd take profit if I were shorts starting today. Good luck and may you all become a millionaire by prudent trading.
Either today's the low of the market or tomorrow then next week we'll see some bounce up. The question is will AAPL test 105 and will S&P sees 1860? Stay tuned.
Today my fund is at 522k. I have a feeling tomorrow we'll see another drop then should recover half way up. I will be selling all my Puts tomorrow and go long with Calls.
Be careful out there.
Unfortunately last Fridad's higher closed isn't holding up its end of the bargain. We will test 1900 S&P 500 again.
Lol! Fidelity and TdAmeritrade. I'll need to change to OptionHouse soon but I m so used to think or Swim platform. It's not the best but its what I know. You have to remember 200k commission wasn't only for making profits It's also losses when I have get out of a losing trades.
I did however had to pay over 200k in commission so far this year. I guess those 200k is also my profit if I didn't have to pay commission.
Market is still on an uptrend. There was a bit of a selloff just an hour ago but the bulls came back in and bought as it was selling off, a very positive sign. My original 100k fund is around 480k at this moment. What a wild ride I had though from 100k to near 600k just 2 weeks ago then I made a mistake and got too aggressive went down to 300k this week but now 480k. One million is my goal but I will have to do 1.1 mil since I borrowed the 100k from my credit card. Good luck.
It will collapse again and test the support at 1900. So enjoy the ride up for now.
This correction is due to the Fed raising its rate this September. Now I believe it's priced in.
I hope we get another 8% from here.
This is the third time this month 112.5 has been tested. I believe the next time it will not support this level. 105 will be next.
Good luck everyone.
Thanks for your input. Win or lose I'll keep you posted. Hopefully I'll keep getting lucky.
Thanks for your input. I'll keep you posted as I will post here from time to time on my trading progress.