Hiding… Behind Closed Doors...
Posted by
Jeffrey Ziegler in
Uncategorized on
February 23, 2011 |
3 Comments
“Ahhhhh….”
That’s the sound of complete relaxation!
I’m finally sitting here in my nice, big, comfy, red chair, looking out the window at the mountains.
I say “finally” because things have settled down a little bit, and I’m back to my normal relaxed type of trading. For a while there, it probably seemed like I was hiding behind closed doors, and not...
3 Responses to “Hiding… Behind Closed Doors”
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Tell Me This Isn’t Absolutely Gorg...
Posted by
Jeffrey Ziegler in
Uncategorized on
February 9, 2010 |
No Comments
We got hit with some snow this week, which left the mountains looking absolutely beautiful. As I was driving into my “Secret Headquarters” this morning, I happened to have my video camera, and just couldn’t pass up the opportunity catch a few shots. To be honest, I also really wanted all my Arizona friends to be able to see what a clear blue sky actually looks...
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Hey Jeff,
I definately made some bad decisions in 2010. First of all, I went to a few workshops and learned all of the various option techniques and started just buying calls and puts. Of course, when my stop loss was hit, I just moved it down a few more points…needless to say I lost almost all of my capital. Now in 2011, I started just doing speads and have been successful on all of my trades and increased my capital by almost 50%.
Thanks again Jeff and maybe someday we will be neighbors sitting watching the mountains in Colorado.
Corey Crane
I did a credit spread on NDX last year. It was way over my head. Each strike price is $25, and the price was unreal. That day the market did a nose dive kind of like the last two days. I kept hoping things would improve but they never did. I finally got out of the trade about $7K lighter than the start of the day.
This was before I heard about your site. So, even though it was before I heard about you, I included it as my first journal entry. 1. Never more than 2-3% per trade, and have an exit plan before taking the trade.
Larry,
Know how you feel… been there and done that. Glad you are sticking to your money management rules now.
Jeff