I´m no longer trading OEX OPTIONS. I am trading the QQQ, which is the NASDAQ index. Reason, the bets are smaller to start. Around $100 to $400.
http://tradingoptionsfordummies.blogspot.com/
This is the link. Not sure why I can´t change the title in the link, because my BLOG is actually titled, THE SIMPLE ONE OPTION WINNING TRADING METHOD. You will find a report on my progress there. Looks lite the Chinese are screwing around with my title in English.
I went from paper trading into CASH money but ended up losing a substantial part of my account on the first bet, using a MARKET ORDER instead of a LIMIT ORDER. I got screwed over badly. Now I´m trying to get the account back up. Since then, after losing on GAP TRADING, I have done LONG STRADDLES in cash, and it works, but is way too slow, and way too little money to make back my lost money. Since I need CASH returns, higher risk is acceptable. I´m trading straight buying options. You have to know your market moves though. Spent two months devising a system, and currently have it working. The report is on the BLOG above.
Sunday, September 4, 2011
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