Good Friday long weekend
GAINS OR LOSSES YEAR TO DATE ( March start )
EACH TYPE OF TRADING STARTED WITH A $5000 ACCOUNT, IN ORDER TO COMPARE THE RESULTS DURING THE LEARNING CURVE. The VIRTUAL ACCOUNT with the broker is supposed to evolve into a medly of the other three types of trading, depending on results and the learning process, of when to implement them in different market conditions. Since Option House does not offer weekly OEX option EXPIRATIONS, we will have to open an account with another broker for that part.
Virtual Account: no trading - remains at Balance of:( -37% )
Paper trading in Quickie Trading: +6%(reduced from 12% to +6%)
Credit Spread singles: ( paper trading ) +7%
Channel credit spreads called CONDORS (paper trading) +12%
Debit Spreads ( haven't started studying them yet ) (I'm also interested in eventually studying ratio spreads and butterflies sometime. Got too much on my plate right now, trying to learn and absorb this stuff above.)
Trend longer trading (6 or 8 per yr)( hasn't started yet )zero neutral
For details scroll down to Report # 12 of trade action.
http://oexoptiontradingexperience.blogspot.com ( history of learning experience )
http://westernbelizehappenings.blogspot.com ( photos and articles of living in Western Belize, foothills of the rural Belize Alps. )
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