My positions in order of holdings follow. "4 trades to a million dollars".... if anyone interested:
1. JDSU - Sept, Dec, March, and leap calls. Bought more 02 leap calls this week.
2. BRCD - Re-entered. Bought Jan calls.
3. Cash
4. QCOM - Leaps.
5. EXTR - Added significantly to March calls. Would like to accumulate more.
6. ASYS - Closed position. Two day trade was a "double".
RR Radar screen:
7. NTAP
8. BRCM - Back on my list.
I figured that lead-in heading about a million dollars would get your attention. At the Porch Party you may recall that I mentioned in my little speech, that Dealer asked me to give, that you're only 4 trades away from a million dollars starting with roughly $63,000 and doubling each time. Or another way to look at it, starting with just $6300, you are just 4 doubles away from $100,000. I said that I use to have that sign on my wall years ago, "4 trades to a million." Difficult to do, granted, and most wouldn't double up like that anyway, but still a motivating thought nonetheless.
With the positions listed above, I've had 4 doubles since just before the Porch Party when I made that statement. I've posted on the Porch when I was doing it except on one of them, the ASYS play which was so darn speculative I did not want to mention it. Way too risky. Now this is in 80 days.
I tell you this not to brag or anything like that, but to simply point out that IT CAN BE DONE ...... even in this market. Lots of opportunities.
Hope everyone has a super weekend. Take care.
RR |
