Thursday, January 17, 2008

Great Day on Wall Street Week 3 Update 3

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Today was a great day of trading for me, all of my positions are exited and the total portfolio is up 38% in the first month of trading. The total portfolio is worth $13,801 as of today. I did take a small loss I sold the BBY puts for a loss of about 1%, but the other trades were great. That patience I had paid off today!



Sold MMM Feb 2008 80 Puts today for a gain of 20%
Sold MSTR Feb 2008 75 Puts today for a gain of 40%
Sold BBY Feb 2008 45 Puts today for a loss of about 1%
Sold NICE Feb 2008 30 Puts yesterday for a gain of 17%

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7 comments:

Unknown said...

Don't you think sector shorts will be more profitable than individual stocks in this environment ?

Anonymous said...

Can you please explain projection charts?

Also, when will you update your predictions for next week? (Saturday would be really appreciated, or before :) )

Bubs said...

Congrats on the great start

Anonymous said...

The problem with sector shorting is that there is not enough etfs and etfs with options to cover every industry yet

Anonymous said...

With the projection chats

the red indicates potential resistance for the stock, and the green indicates potential support

Inside the red and green is the technical indicator that would trigger resistance or support

52weekHi said...

With the projection chats

the red indicates potential resistance for the stock, and the green indicates potential support

Inside the red and green is the technical indicator that would trigger resistance or support

52weekHi said...

Also, when will you update your predictions for next week? (Saturday would be really appreciated, or before :) )

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I'll try but I cant promise anything

but I'll have them in before Monday