SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTEL TRADER

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: smolejv@gmx.net who wrote (8530)6/9/2000 6:03:00 PM
From: John Harton  Read Replies (1) of 11051
 
DJ "Is it worth it?"

Let me clarify my situation a little bit. When I refer to returns I'm only counting my little "fun" IRA that I use for trading. Investments are in another account and are mostly on autopilot( index mutuals etc.)

I regard what we do as a very interesting and educational process that I find very enjoyable. I would probably do it solely as a paper exercise anyway just for the enjoyment of it (tho with less incentive<g>).

That said, ~6% is definitely the worse 6 month return for the "fun" acct in the 4 years or so that I've been doing this(The fun acct has almost quintupled in those 4 years).
I had to screw up pretty good to get it down from ~17%(Since Jan 1) on March 31<ng>.

Perhaps Jan 1 is a poor choice to measure from...

S&P close dec31 1458 vs jun9 1456
DOW close dec31 11497 vs jun9 10641
NDX close dec 31 3707 vs jun9 3760

Don't see buying NDX(QQQ) jan 1 as beating even 6%. And I had a good time getting there.

I guess thats the basic question to ask yourself is this enjoyment or work? How do you see it?

Heres my paper trade straddle buy recorded ~3pm Jun 8.

QVQFP 94 calls @ 2 1/4
QVQRN 92 puts @ 2 7/16

I certainly enjoy our correspondence as well as the trading.

Regards from a trading "work in progress"

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext