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Archive for June, 2014

Trade close – Franklin Resources Inc. (BEN) put selling for profit 2.15% and GameStop Corp. (GME) put selling for profit 5.69%

Trade close - Franklin Resources Inc. (BEN) put selling for profit 2.15% and GameStop Corp. (GME) put selling for profit 5.69%

As I mentioned in my post on Friday, I was expecting two more trades to close soon as they would get closer to becoming worthless. It happened today! On Friday last week, my put selling trade against LINE lost value to $0.05 per contract, so I could buy it back (for free) and keep the Continue reading →

Trade close – Line Energy (LINE) put selling for profit 3.68%

Trade close - Line Energy (LINE) put selling for profit 3.68%

Today, I closed a trade against Line Energy (LINE) which I opened at the beginning of May (05/07/2014) with expiration in July – next month. I sold 1 put contract with 28 strike and July expiration for 1 dollar (or $100 collected in premiums). Today, this trade was worthless (it actually cost 0.05) and I Continue reading →

Is my struggling finally over?

Is my struggling finally over?

If you had a chance to read my “Curious history of a sucker” you know that I started investing back in 1996 and took many endeavors in losing money. I shrank my $30,000 dollars account to $4,000 in commodities trading, I lost another circa $15,000 in stock trading. But at that time I didn’t care Continue reading →

New Trade – BUY NOV14 CALLS on GLW

New Trade - BUY NOV14 CALLS on GLW

Corning Inc. (GLW) received an upgrade today and rallied in the morning. That put this stock out from a quite long squeeze into a rally. It was a first day when my indicator showed and entry point. So I decided to scale in another call trade out of my 3 planned trades. I planned to Continue reading →

Posted by Martin June 23, 2014

13 years old Alex knows about options trading more than me – watch this:

   

Posted by Martin June 23, 2014

Robyn the Trader – Rising Stars

   

Posted by Martin June 22, 2014

Karen the Supertrader Returns to tastytrade to Share More of Her Successful Trade Secrets!

    Karen the Supertrader manages $190 million dollars today. She started with $100,000 four years ago. Her attitude? Never lose money! Once you get a premium, defend it. Never give it back.

A weird day of trading

A weird day of trading

My portfolio is normally correlated with the market. When the market goes down, my stocks go down too. When the market goes up, my stocks go up too. Today I experienced a total opposite behavior. The market went down (except the beginning and end of trading, but all my stocks went up: Is this a Continue reading →

Posted by Martin June 19, 2014

Gold Gone? Germany baffled as Fed bars access to bullion

Everything is okay, no worries, gold is a dead asset. It produces nothing, it creates nothing, it pays no dividends, it is not needed, and it will go down even more.     So why the heck are Germans so baffled?

Posted by Martin June 18, 2014

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