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Archive for June 27th, 2014

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 →