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Posted by Martin November 16, 2019

WHAT DO I EXPECT NEXT WEEK?

The market rallied to 3100 as I expected last week. It was probably a bit too fast though. Now, that we are at this level, what’s next? I think, we still have some room to go higher, unless Trump spoils it with his trade wars, which I think is less likely since he now has Continue reading →

Posted by Martin October 20, 2019

Equity Options

One trading strategy does not work all the time and in every market. There will be time when one strategy stops working and another strategy has to be used while waiting for new opportunity to trade the first strategy again. We traded SPX options lately, Iron Condors, Put Spreads, Call Spread, or Iron Flies, but Continue reading →

Posted by Martin September 02, 2019

Quarterly reporting

August is over. My trading was in a “damage control” mode as my trades got whipsawed. I made money, but not as much as I wished for. I also adjusted my trades to long term trades (45-60 DTE), although I take 0-2 DTE trades too but very little. I also reduced amount of trades to Continue reading →

Posted by Martin June 26, 2019

Strategy update

The recent strategy I adopted for my 5 year plan to freedom works perfectly. Well, I knew it would work. I have traded that strategy for about two years earlier in the days when I started trading options. That’s what I was taught by my mentor. I might have been financially free already if I Continue reading →

Posted by Martin April 17, 2019

Fed up with my own lack of discipline, putting down a plan to reach FI

I started trading and learning trading options in 2010… I think it was 2010. I made money, lost money, made money, lost them again.   In 2012 I thought I knew everything. I didn’t.   In 2014 I started my own trading business. I though I knew everything. I didn’t.   Then I made money Continue reading →

Posted by Martin February 02, 2019

January 2019 trading and investing results

S&P 500  2,706.53 +199.68 (+7.96%)  Dow 30  25,063.89 +1,736.43 (+7.44%)  Nasdaq  7,263.87 +628.59 (+9.47%)   I just finished reporting December 2018 and we are again at the end of another month. True, I reported December late. January started off slow, but ended up well. Our accounts are up and recovering from last year slaughter. But Continue reading →

Posted by Martin January 27, 2019

December 2018 and end of year trading and investing results

S&P 500  2,506.85 -253.32(-9.18)  Dow 30  23,327.46 -2,211(-8.66%)  Nasdaq  6,635.28 -695.26(-9.48%)   December 2018 passed and it is time to once again provide a report on our trading and investing. The month turned to be the worst month ever. Historically, December was a good month with modest gains but this year, the markets lost almost Continue reading →

Posted by Martin January 02, 2019

Hedging credit spreads

Recently, well, in 2018, I started using hedges for my credit spreads. I wasn’t using hedging much in the past because I wasn’t sure how to use them properly and how to manage them. So I avoided them. Thus 2018 year was somewhat revolutionary to my trading as I learned using them. So the old Continue reading →

Posted by Martin January 01, 2019

33% draw down in 2018

  2018 year turned out to be volatile and as I expected all our accounts saw a quite large draw down. But I am not grumpy about it nor regret anything I have done and the way I traded, except on my TD account. I now regret closing bad trades in January 2018 and collecting Continue reading →

Posted by Martin December 22, 2018

AT -13.98% WORST DECEMBER SINCE 1930