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Search: Posts Made By: suko
Forum: Trading Journals October 26th, 2016, 12:30 AM
Replies: 229
Views: 37,706
Posted By suko
On the Road to Discipline

I was just reading back over this journal of my first three years of trading, because I wanted to recall who it was that had kicked my ass over my shotgun marriage to USLV.

It was user SMCJB.
...
Forum: Trading Journals June 3rd, 2016, 03:07 AM
Replies: 229
Views: 37,706
Posted By suko
I did a little review of the first five months of...

I did a little review of the first five months of the year for my options trading.

On a $15K account, 76 wins 46 losses and up about $200, before fees.

These are all defined credit trades,...
Forum: Trading Journals May 4th, 2016, 08:32 PM
Replies: 229
Views: 37,706
Posted By suko
I double check expiration and also for event...

I double check expiration and also for event risk. Even so, occasionally one slips through on an unintended expiration.

I had a credit spread on HYG based on a kind of vague thesis that was not...
Forum: Trading Journals April 29th, 2016, 12:40 AM
Replies: 229
Views: 37,706
Posted By suko
Another painful lesson I have had to learn the...

Another painful lesson I have had to learn the hard way, is about options assignment.

I had a couple of one lot call spreads with a that got assigned back in March. The minute they got assigned I...
Forum: Trading Journals April 28th, 2016, 11:12 PM
Replies: 229
Views: 37,706
Posted By suko
I need to make a very embarrassing confession,...

I need to make a very embarrassing confession, about fat finger mistakes.

One of the items in my checklists now is to re-check the order after a fiill to catch fat finger mistakes.

When I...
Forum: Trading Journals April 28th, 2016, 10:20 PM
Replies: 229
Views: 37,706
Posted By suko
Actually, since that time I started watching...

Actually, since that time I started watching Nikkei CNBC, which is a Japanese language channel about Japanese stocks. In order to learn how to talk stocks in Japanese. The have a segment that airs...
Forum: Trading Journals March 4th, 2016, 06:41 PM
Replies: 229
Views: 37,706
Posted By suko
Since the February expiration, all of the old...

Since the February expiration, all of the old junk from 2015 has been washed away and all the trades I have on now have been made since I got the risk manager, instituted rules on size, and started...
Forum: Trading Journals March 4th, 2016, 06:00 PM
Replies: 229
Views: 37,706
Posted By suko
VWAP and contrarianism

I need to say something about the contrarian approach vs the trade-the-trend approach.

One thing I learned when I first started trading is that FOMO on trending stocks is a huge problem for me. My...
Forum: Trading Journals February 27th, 2016, 11:15 PM
Replies: 229
Views: 37,706
Posted By suko
Highlights of the past week for me, my FCX play...

Highlights of the past week for me, my FCX play paid finally came in, after inflicting a lot of brain damage on me. Like a lot of other positions lately. I got caught by WTW, initially it was green...
Forum: Trading Journals February 4th, 2016, 07:05 PM
Replies: 229
Views: 37,706
Posted By suko
Trades for today (trying to get on some short...

Trades for today (trying to get on some short deltas):
XLU Mar call spread 47 49 $0.64 credit IVR 81
FXE Mar call spread 110 113 $0.86 credit IVR 100
CAT Mar call spread 67.5 70 $0.94 credit IVR...
Forum: Trading Journals February 4th, 2016, 06:29 PM
Replies: 229
Views: 37,706
Posted By suko
Three weeks later and still working with the risk...

Three weeks later and still working with the risk manager. Success!

Discipline has been outstanding. No rules violations. No big trades, no excessive risk. Very mechanical. My market awarness is...
Forum: Trading Journals January 15th, 2016, 08:58 PM
Replies: 229
Views: 37,706
Posted By suko
The first week of trading under a regime of...

The first week of trading under a regime of out-of-pocket fines for rules violations.

The result?

No rules violations. Very steady and mechanical. A lot of hands-sitting.

I took one profit...
Forum: Trading Journals January 11th, 2016, 12:28 AM
Replies: 229
Views: 37,706
Posted By suko
The theme for this year's trading is...

The theme for this year's trading is 'disciplline'.

I have decided to start fining myself $100 for rules violations.

Will stay mechanical, trade small, trade the checklist.

No FOMO, no...
Forum: Trading Journals December 24th, 2015, 09:08 PM
Replies: 229
Views: 37,706
Posted By suko
I think the trading partner/risk manager sessions...

I think the trading partner/risk manager sessions are helping. Anyway, my PL is up since I started this. Some good, very mechanical trading in options. This is what I needed.

We are going to have...
Forum: Trading Journals December 16th, 2015, 05:42 PM
Replies: 229
Views: 37,706
Posted By suko
Although I have been in trading the market for...

Although I have been in trading the market for two and a half years now, this past year has been the first one in which I was trading on a daily basis.

Some very hard lessons.

One thing that...
Forum: Trading Journals December 8th, 2015, 02:54 AM
Replies: 229
Views: 37,706
Posted By suko
Looking back over the trades of the past year,...

Looking back over the trades of the past year, three of my accounts are up spectacularly. Two are down significantly but coming back.

Anyway, I want to focus on the three accounts that are up....
Forum: Trading Journals December 7th, 2015, 08:43 PM
Replies: 229
Views: 37,706
Posted By suko
The presence of the risk manager

My indicators said go short vol a couple of weeks ago, and I put on a number of short vol trades following that. Most of the setups were shitty. The trade was up money for awhile then down then up...
Forum: Trading Journals December 5th, 2015, 08:53 PM
Replies: 229
Views: 37,706
Posted By suko
Running with the big dogs

Gee, that was a fun week.

My contrarian commodities options plays came in: copper, silver, gold. I love it when the contrarian thing actually works. It's like going to therapy for a year with...
Forum: Trading Journals November 28th, 2015, 05:08 PM
Replies: 229
Views: 37,706
Posted By suko
Goals for 2016: For my options trading...

Goals for 2016:

For my options trading account, I started off with $2500, just for learning purposes. I learned a lot and that I can do this.

For 2016 I am going to ramp up the capital to over...
Forum: Trading Journals November 7th, 2015, 05:09 PM
Replies: 229
Views: 37,706
Posted By suko
First time to trade earnings with options this...

First time to trade earnings with options this past week. Very nice wins at 50% max profit AAPL, SBUX and FB and then a stinky loss on an iron condor in TSLA. So that's 3 to 1 and I am up a little...
Forum: Trading Journals October 30th, 2015, 06:39 PM
Replies: 229
Views: 37,706
Posted By suko
My TLT position closed at 50%, and then all my...

My TLT position closed at 50%, and then all my other positions were up on the last day of the month, except VXX. So, I am short QQQ and SPY, long FXE and UNG. Also short call spread UVXY. Cash...
Forum: Trading Journals October 23rd, 2015, 01:55 AM
Replies: 229
Views: 37,706
Posted By suko
Made a very nice little 2049.T (XIV) overnight...

Made a very nice little 2049.T (XIV) overnight trade, in at 9040 and and out at 9800. VIX related indicators are still negative, so I could hold the trade but I decided to take a profit.

Then I...
Forum: Trading Journals October 14th, 2015, 04:45 PM
Replies: 229
Views: 37,706
Posted By suko
Progress Report

Report on my progress as beginner options trader

I don't like trading the checklist, but I am forcing myself to do it. My feelz don't matter.

Upon entry am setting the platform with GTC sell...
Forum: Trading Journals October 2nd, 2015, 06:12 PM
Replies: 229
Views: 37,706
Posted By suko
I have a new checklist I prepared for options...

I have a new checklist I prepared for options trading, and I have started using it in conjunction with journaling my trades. Half of the items on the checklist involve filling in things like strike...
Forum: Trading Journals September 28th, 2015, 08:17 PM
Replies: 229
Views: 37,706
Posted By suko
I've dialed back the vol products trading. Very...

I've dialed back the vol products trading. Very hard to make money with our style of swing trading in this market -- too much lag with the indicators. I am a little surprised to see UVXY up above 50...
Showing results 1 to 25 of 189

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