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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Cal Amari who wrote (13312)	3/7/2008 5:18:00 PM
From: Smiling Bob	Respond to of 19256

As I'm learning, it fluctuates wildly. Last year at one point I was up well over 1000% within a few months. But with options, it's easy to lose 100% in a few days if you lose your focus, and I nearly did. A few bad decisions, major issues with customers and our store, and bets against the Fed all combined within a short time with some drastic results. Right now, I'm about 150% up off of lows a couple weeks ago and playing much more conservatively than I used to, culling positions weeks away from expiration vs days. Had I hung onto some large Mar positions that I had a week or two ago, I'd probably have doubled the port again. Very tricky guessing game with these computerized buy programs turning the entire mkts on a dime when I can't always be at computer to watch or get pulled away at any time. All in all, I'm still learning how to keep emotions in check, be aggressive and profitable, but maintain diversity and capital. Issues at store have presented some extraordinary challenges on the first. Had a call today FIRST THING this morning from a customer trying to blame us for some damage on her furniture in her home that I know had nothing to do with us. She's just looking not to pay. Crap like that has become the norm this year. Once I'm free from this, I expect to perform much better, develop better strategies, and focus on targets with greater potential ie. earnings and news related movement