ZSG Trading Blog

June Performance

July 3, 2008 · No Comments

Another month has ended and I had a pretty good month. I have not quite got all my capital back, but I made some decent headway. So let’s see what I did:

June was a purely Options month. I bought NO stocks and I sold 2 of my remaining positions. 1 profitable, 1 not and over all it was a push with -$4

Options wise, I bought 34 positions and sold 35, with 22 of them being profitable and 13 not. I finished at +$1787 for the month. Not my best overall month for options, but pretty damn close. Had I not had a few postions that go away from me and I should have been in spreads at the time, I would have fared much better.

Spreads, funny that I went to an advanced options workshop and yet, didn’t do any spreads. however, I studied my entries as spread trades, but there was a while when I didn’t have enough capital to make extra trades. So, no spreads for June

Portfolio:

Month: had my best Total month so far with $1783 with that being +13% from the amount that of my own money that I put into the account. Now, I am still -36% cumulative, but the Market is slipping into a bear market and now, instead of being being Techincal (bear flags, etc), it’s falling consistently, so the first couple days in July have been awesome.

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It’s been a while, but I am kicking

July 3, 2008 · No Comments

I went to Atlanta in the middle of June with Michael from Chattanooga to the Investools Advanced Options Workshop. Although I haven’t technically done any of the advanced options, I have been much better in my trading. I think because the condition in the trades that I in don’t need the safety of spreads. Also, I don’t have the capital to get into the straddles and strangles that are presenting themselves. Now, THAT is something that I would do.

I am going to get in a spread trade in one of the indexes, but I am not exactly sure which one.

I got stopped out of a LVS put by my own mistake and I didn’t have enough capital to get back in… ugh!

(I just realized that this never posted, this was written on 06/27 and I am going to post it now)

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