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  #1 (permalink)
 
YellowLambo's Avatar
 YellowLambo 
Vancouver BC
 
Experience: Intermediate
Platform: NinjaTrader 7
Broker: InteractiveBrokers
Trading: SPY options
Posts: 32 since Oct 2019
Thanks Given: 10
Thanks Received: 22

This is my trading journal for SPY options. I find it as the best instrumental tool to trade with a small account. I've been trading for 2 years and I have lost $20,000 so far. My goal in the next 6 months is to turn $2,000 to $20,0000. My plan is to follow leading economic indicators and trade in the direction of the surprise. Wish me luck!


Started this thread

Can you help answer these questions
from other members on NexusFi?
Thanks Mike. Godspeed.
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  #3 (permalink)
 
YellowLambo's Avatar
 YellowLambo 
Vancouver BC
 
Experience: Intermediate
Platform: NinjaTrader 7
Broker: InteractiveBrokers
Trading: SPY options
Posts: 32 since Oct 2019
Thanks Given: 10
Thanks Received: 22


Forgot to mention I'm with Interactive Brokers and trading on Ninjatrader 7.

Lost $24 in total today buying SPY puts. $1,976/$2,000
I thought Friday's news was overextended but it still had some leg in it. Got caught. Lost some. Then a nice pull back to VWAP to recover some losses. Didn't hold for the whole move because I got confused by a higher low before more downwards action. Next time confirm if there's more strength in the move. Need to wait for more indicators to tell future direction.


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  #4 (permalink)
Ozquant
Brisbane Queensland Australia
 
Posts: 222 since Aug 2017
Thanks Given: 171
Thanks Received: 382

How old are you , Yellowlambo , i love money . Emotional maturity not very evident . Good luck , trading is not a video game


  #5 (permalink)
HitTheBid
Dallas, TX USA
 
Posts: 23 since Jun 2018
Thanks Given: 36
Thanks Received: 23

Can’t tell if troll...


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  #6 (permalink)
 
YellowLambo's Avatar
 YellowLambo 
Vancouver BC
 
Experience: Intermediate
Platform: NinjaTrader 7
Broker: InteractiveBrokers
Trading: SPY options
Posts: 32 since Oct 2019
Thanks Given: 10
Thanks Received: 22

I didn't know members were so serious. Have a bit fun... You're going to be trading for the rest of your life. I'm moving my journal to the elite members section. I don't really want to deal with the random negativity.


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  #7 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 6,270 since Sep 2015
Thanks Given: 15,951
Thanks Received: 16,184


YellowLambo View Post
I didn't know members were so serious. Have a bit fun... You're going to be trading for the rest of your life. I'm moving my journal to the elite members section. I don't really want to deal with the random negativity.

Hi YellowLambo, I see you've created another journal for this in the Elite section.

Would you like to close this one?


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  #8 (permalink)
 
YellowLambo's Avatar
 YellowLambo 
Vancouver BC
 
Experience: Intermediate
Platform: NinjaTrader 7
Broker: InteractiveBrokers
Trading: SPY options
Posts: 32 since Oct 2019
Thanks Given: 10
Thanks Received: 22


xplorer View Post
Hi YellowLambo, I see you've created another journal for this in the Elite section.

Would you like to close this one?

Hi xplorer! Yeah that would be super.


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xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 6,270 since Sep 2015
Thanks Given: 15,951
Thanks Received: 16,184

Thread closed.


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Last Updated on October 9, 2019


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