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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (140670)4/17/2007 4:36:14 PM
From: Oral Roberts  Read Replies (2) | Respond to of 225578
 
I'm a good investor and now manage my own funds again once I got the trading thing out of my system. When you take a 30K trading account to close to a half million and back to 0 in a year you need a little time to decompress and recognize your failures. And my final option trade where I was on was 100 SPX contracts within 2 dollars of the last major bottom. That would have put me well over a million if I had just let them expire in 5 weeks. But ever the brilliant bear I flipped those for about 40K profit and proceeded to short this massive bull that started the day the statue came down.

So now it's long, diversified, quality and no daily monitoring.