Today trading started promising in the morning, but afternoon turned sour. Once again we see panic and nervousness returning to the pit. Today, markets lost ground and sold off. Nothing dramatic yet, but we could see an easement. What pushed stocks down? Among those companies which were dragging S&P 500 down were energy stocks (and Continue reading →
I just lost my whole year gains. Everything, I was slowly building up over the course of 2014 year went down the toilet. Why? Because I broke my own rule which I try to tell everybody interested in options trading – stay small, do not overtrade. I didn’t do it, pushed my luck forward and Continue reading →
Another month passed and it is time to write a report how my chase for financial freedom progressed. I am so desperate to get there as quickly as possible that I study other traders, and keep my account fully invested. I envy some of my fellow investors such as Jason Dividend Mantra and his ability Continue reading →
I am finally back home from a hospital. Still in pain and on drugs but getting alive again. Although, sometimes I am thinking I would like to stay back in the hospital doing nothing and enjoying it. A week ago I broke my ankle so bad that I needed a surgery and now I have Continue reading →
Running a business in the Wall Street is a great adventure. It can also attract people who will play dirty games. It will happen. Manipulation and cheating will be part of the business environment. Greed will push those people and they will go for it. You as a participant must adapt to it and be Continue reading →
Politically incorrect post. It seemed today, in the morning, that the stock market finally found some ground and started consolidating. To cool down bulls’ enthusiasm, afternoon trading renewed selling due to the renewed worries about Russian aggression against Ukraine. I do not understand much how Russian tension can affect global markets so much that investors Continue reading →
You probably have heard many times that we should treat our investing / trading as a business, right? Hobbies cost money – businesses make money. I always wanted to treat my trading as a business but never knew how exactly to do that, so I always referred to my investing as a hobby. Whenever anybody Continue reading →
This month was one of my best months so far. My options trading delivered the highest income in my relatively short options trading history. But I cannot have it yet. The entire month was going well, all my accounts were growing nicely and my trading account was growing bigger every day. Until two days ago. Continue reading →
When I was a kid I always dreamed of a life of trader. When I was 15 I dreamed of having money working for me and not me working for it. At that time I didn’t have means to fulfill my dream. Today, it seems I can reach that dream. Trading makes me Continue reading →
What was about to be an easy money trade a week ago is about to become a disaster. A week ago I sold a bull put spread expecting Amazon (AMZN) to go higher. Well, I must admit I didn’t expect Amazon would miss it’s quarter the way it did. Right now, AMZN sold off -10% Continue reading →
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