Berney/Steve RE: Thanks for the welcome
Berney:
I found long ago that there is not an idea around that cannot be improved upon in 30
seconds. The folks here will definite challenge you, but are all responsible adults!
I whole heartily agree with you about improving on ideas. Synergy is wonderful thing. The main reason I was lurking for a couple of weeks was to get a feel for the kind of people here. I've been consistently impressed with level of maturity and investment experience. Too many threads are filled with bickering timewasting chats...
stick around, share, learn and grow!
Thank you; I've strive to do all of the above.
Steve
Thanks on the `nice trades' comment. I've had a few losers this year too. Last year I had a HUGH loser that will take years to recover from. My personal joke is that I not only bought a large number of shares in the `titanic' I choose to ride it down too. :-( Poor trading discipline.
Prior to last year I would just buy companies that I like `assuming' they would go up over time. As luck and the market would have it they generally did. I don't really think of that as investing.
Last year and this year have been my big learning times, trail by fire. This year my big profits(taken) are from YHOO calls and CREAF long with minor profits from NOK.A, SEG (long and cov. Calls) and TSM (cov. Calls & writing naked puts).. Slight losses from buying YHOO puts, CPQ, and a penny stock NETZ.
I have some MSFT(+65%),CSCO(+20%),LU LEAPS(+35%) continuing to do well. My big downer is LNLAP down about 40ish%. The others are near break even depending on the day of the week.
I haven't done anything with index options, and just started looking at SPY, and WEBS. Thanks to this tread.
My desire to trade is a desire to learn buy/sell discipline. By disposition I like to buy and hold and I am beginning to see that I can do better using other means as well. Thanks for your book recommendations. I have be especially looking for a good options book and a good TA book. I know a little bit of TA (very little). Mainly I just pay attention to volume/price treads, and a couple of chart patterns.
My personal bias is as a `tech enthusiast.', better living/profit through technology. I have worked in the computer and semiconductor industries all my life, so I tend toward tech. stocks. OK not tend, I usually buy ONLY tech stocks. I'm looking at others but have not spoken with my dollars yet.
One more for the sandbox,
Chris
PS >20% is also my goal for the year. |
