Trading AddictionTrading AddictionThe purpose of this blog is to show the power of the financial markets, and in order to demonstrate this I'm going to turn 10,000 dollars into 1,000,000 dollars in 2 years or less using various financial instruments, but mostly options and stock. Articles
Week 10 Update 3 Monster ETF DBC Still going %145 and Week 10 Trades
2008-03-07 03:34:00 DBC is still up this is a solid pick, up 145% since purchased! Portfolio @ All time Highs and more picks added. Like I said earlier this week I was looking to buy DBA and DBP on dips and thats what Im doing. Im buying the DBA April 41 Calls and the DBP July 31 Calls. I purchased about $500 worth of each waiting to buy more. More About: Update , Week , Monster
Week 10 update 2 DBC Roaring, %100+
2008-03-06 02:04:00 DBC up big 115% since I bought the calls, and Portfolio up 84% since starting. More About: Update , Week
Week 10 update
2008-03-04 00:13:00 Well I couldnt issue any Trades for Week 10 but I'm looking to buy DBE DBA possibly the DBB DIG and DBP on dips and sell DBC Today DBC was up 20% for a total of 80% More About: Update
Week 9 update
2008-03-01 02:08:00 SOLD -7 DBA 100 APR 08 41 CALL @2.92. I still have DBC with a profit of about 50% More About: Update , Week
Week 9 Update 2 DBC DBA up 60%
2008-02-26 22:16:00 I great day for commodity etfs and the portfolio has recovered its overall losses and Is near all time highs. I sold DBP DBE and SDS but held on the DBC and DBA DBP was sold for a loss of a bout 3% DBE was sold for a profit of about 16% and SDS was sold for a loss of nearly 70% (oops) DBA and DBC trades are still active and have a profit of about 60% each. The total value of the portfolio More About: Update , Week
Week 9 update 1 DBA up 80%
2008-02-26 00:07:00 The commodity efts were on fire (except for dbb and dbp). They were a great pick on my part wheat hit all time highs and natural gas hit its highs of the. I sold off my dbb and March dba positions. DBA was sold for a gain of 81% DBB was sold for a loss of -15% So my portfolio looks like this DBA(April): 31% gain DBC: 17% gain DBE: 4% gain DBP: -15% loss SDS: -74% loss Portfolio Net More About: Update , Week
Week 9 Trades Im actually bullish
2008-02-25 00:10:00 Sorry for that long delay but it was an emergency but now Im back and ready to trade. I'm extremely bullish on the commodity etfs so I decided to purchase calls on most of the powershares commodity etfs. I decided to exclude the stoplimit of +20% because Im going to let the winners run a little bit (maybe double up) So my portfolio consist of: DBA (adding on to my position)-April 41 +7 $1500 More About: Week , Bullish
Sector Analysis Week 9
2008-02-24 19:41:00 Im bullish on most commodity etfs especially DBE Bearish on these industries Business Software & Svcs Semiconductor Specialized Business Services Drug Manufacturers Diagnostic Substances Personal Services Drug Delivery Consumer services Gaming Activities Business Equipment More About: Analysis , Week
Week 7 update 1
2008-02-24 18:30:00 Week 7 update SDS down -57% DBA up 37% Net Liquidating Value: $16,205 Week 9 trades coming soon More About: Update , Week
Week 7 Trades
2008-02-11 00:18:00 This week I only have 2 Trades (But HB is still active) SDS and DBA. I bought 4 of the SDS March 08 65 calls for about $1900 and I purchased 15 DBA March 08 40 Calls for around $2100. I have no stop losses on any of the 2 trades. DBA SDS More About: Week
Week 6 update 2
2008-02-06 23:24:00 Well the good news is that HB decided to decline in price, but the bad news is DBO also went down in price. HB was up 17% on the day DBO down 13.11% on the day More About: Update , Week
Week 6 update 1: Broke Even
2008-02-05 22:45:00 Nothing spectacular this week I only broke even with my trades, (I shouldn't have used brackets) I still got to open positions (losing ones) HB and DBO a more in depth analysis tomorrow More About: Update , Week
Week 6 Trades: Fully Invested
2008-02-03 17:02:00 This week I decided to speculate a little with more aggressive trades, after all I'm playing with the houses money I'm only supposed to up 12,000 at this point, but I'm up much more. All the picks Involve buying call and all are bullish except SDS. Walter Industries Inc. (WLT): +7 Feb 45 Calls stops @ +20% & -20% Reliant Energy Inc. (RRI): +18 Feb 22.5 Calls stops @ +20% & -20% Waste Management, More About: Week
Week 5 Update 3: Not Pretty
2008-02-01 22:42:00 This trading week was the worst in Trading Addiction history, but I am still optimistic that these picks will meet their target goals. I got about 9K that is available to trade with so there will be WEEK 6 TRADES. DBA: (Even) 0% (The trigger might have actually been activated, but I dont know) DBO: -22.65% HB: -57.81% Total -26.72% More patience is required. More About: Update , Week , Pretty
Week 5 Update 2.....DGL sold
2008-01-31 00:03:00 DGL was stopped out for a profit of 18% or about $500. DBA has a loss of -5.88% DBO has a gain of +2.02 HB has loss of -42.19% (Be patient) More About: Update , Week , Sold
Week 5 Update 1
2008-01-29 23:14:00 I suffered some losses today about $1,000 worth of losses, but you have to be patient and stick it out. DBA -8.82% DBO .9% DGL -10.23% HB -20.31% More About: Update , Week
Trades Week 5
2008-01-28 23:56:00 Market order for all with a stoplimit of +20%. should come out to be about $3000 each except for HB ($1000). Also BWV sold for a total loss of 7%(????????huh??????) I'll analyze the trade tomorrow and put up more pics from the porfolio Buy +14 PowerShares DB Oil (DBO) MARCH 08 33 Call Buy +14 PowerShares DB Gold (DGL) MARCH 08 34 Call Buy +12 PowerShares DB Agriculture (DBA) MARCH 08 36 More About: Week
Week 5 trades
2008-01-28 03:34:00 The trades for week 5 have been placed in the Order Queue, since I have to wait to sell BWV. The trades should be executed around 2:40pm eastern time. Notice that these are mostly March calls, because I am willing to sit out any losses. The trades are worth about $3000 each, except for HB ($1000) Buy +13 PowerShares DB Oil (DBO) MARCH 08 33 Call Buy +16 PowerShares DB Gold (DGL) MARCH 08 34 More About: Week
Selling BWV @ Mrkt Monday
2008-01-26 19:06:00 Placed a market sell order for BWV Monday I didnt do too bad, but really I wanted to use it as a learning experience, I myself wanted to see If it operated the way I thought it should. Loss of 1.07% ($192.79) My total portfolio value is $18,519.294 More About: Selling
Instant Alert only .99 cents
2008-01-23 23:50:00 Alright as you all may know my portfolio is completely transparent you see my actual portfolio, my gains and my losses, not just only text. Now since I use this method it takes a while post my trades on my blog (hours sometimes days on the weekends) and I have been getting alot of emails telling me to post my picks for the next week, Friday night or Saturday that would take soooooooo much time More About: Cents , Alert
Week 4 More Trading Fully Invested Again!
2008-01-23 23:14:00 I bought 381 shares of BWV totaling 17,971.77 + Commissions. BWV is an ETN (Exchange Traded Note) that acts as a covered call on the S&P 500 (thats the basics). So when the S&P 500 goes down in price or trades neutral BWV generates a gain. Pretty cool product! I'll probably have this position for 2 days Thursday and Friday. More About: Trading , Week
$pectacular Trading Day 87% 1 month Week 4 update 1
2008-01-22 19:22:00 Wow the trading day was good to me, my gut feeling to add more picks paid off, the early drop made most of my picks profitable. DXD Calls were up 58%, the SDS calls were up 104% well over the target of 20%. The stoplimit of +%20 is the reason why I have such big gains, because I probably would have waited to sell and would have lost nearly all of my profit. SKF calls were up 27% in the morning More About: Trading , Update , Week , Month
Week 4 Add on Trades Fully INVESTED
2008-01-22 01:55:00 I Just had to do this! DXD +13 FEB 08 65 Calls Mkt SDS +5 FEB 08 65 Calls Mkt TWM +3 FEB 08 90 Calls Limit (forgot to change to market order and I couldn't cancel it) and TWM +3 FEB 08 90 Calls Mkt (TWM better go up) SKF +1 FEB 08 125 Call Mkt *All have stops that get triggered when the option price is up 20%. I Canceled the RUT iron condor I Canceled the RUT iron condor I Canceled the RUT More About: Week
More Picks Coming for week 4
2008-01-22 01:09:00 More picks will be added for the week 4 trades More About: Week
Week 4 Trades AGGRESSIVE!!!!!
2008-01-20 23:16:00 So for Week 4 I decided to have 5 picks each around about $1,000 in value, except for RUT ($3,000). The trades were basically buying puts, with the exception of selling one IRON CONDOR. This week there will be alot of major earnings reports, and I believe most of those reports will be bearish. My trades are: Tyco International Ltd. (TYC) +5 Feb08 35 Puts Kraft Foods Inc. (KFT) +11 Feb08 30 Puts
Week 4 My Rules
2008-01-19 20:42:00 No picks yet but they're coming I probably not going to be fully invested and Im going to try to have some neutral spreads Sector analysis will be out shortly But my rules for trading this market are 1. Stay away from buying or shorting any financial stock or sector 2. Dont Get GREEDY 3. Be Pateint 4.Anticipate any big news coming out (earnings or economic news) as being bad 5. Be More About: Rules , Week
Great Day on Wall Street Week 3 Update 3
2008-01-17 21:15:00 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 More About: Wall Street , Great , Street , Wall , Update
The (NICE) Trade
2008-01-17 00:27:00 Trade History Bought Nice 30 Put @ 1.83 Sold @ 2.15 More About: Trade
Week 3 Update 2 Be Patient!
2008-01-17 00:04:00 Position Statement BBY -25% MMM 5% MSTR -4.38% Im down a total of -7.96% but you have to be patient. I have plenty of time because I bought the February puts instead of the January puts. Projection Chart (send a comment if you dont know how to use) More About: Update , Week , Patient |
|
 |
|
 |
