SubGenius

Brutal Week. My long term retirement account that are index funds are getting hit a bit. Holding strong since they are compounding with DRIPS. My Trading / learning account that I report here is doing just fine.

Received 1 Karma
SubGenius
SubGenius Nov 28, 18 8:46 PM

Took a break for a bit to see which way the overall market is heading. I have 3 accounts. The trades I have here is my play account and is up 38k. My savings account is sitting in interest bearing funds for now until I get confirmation on market direction and put it back into closed end funds. My third account is long term IRA DRIP retirement account that is down 15%. Typical end of year stuff. It will rebound unless we go into a 20 year recession. Went on a cruise to Mexico with fiance to clear

Join now or log in to leave a comment
SubGenius

My trading and music recording space. Making music and trading options are visually similar to me. Watching a ticker and candles on a chart is like watching notes roll by on a music sheet.

Received 1 Karma
SubGenius
SubGenius Aug 22, 18 4:33 PM

Just opened an Interactive Broker Account. Etrade was killing me on options fees. On hold with IB until funds settle. This gives me some time to study the platform.

Androo
1
Androo May 11, 12:59 PM

wow super cool! I produce music with Ableton when Im not trading

Join now or log in to leave a comment
SubGenius

After taking a 5 year hiatus dealing with personal issues, I have returned to trading. I am totally transparent with my trading here.I am primarily an options trader. I find the gains can be greater using leverage, but also the losses can be greater if you don't pay attention. I started with 84k in my account and keep 80% invested in index funds that pay 7-11% interest that reinvest (compounding). I keep the other 20% in cash to trade options. I have learned to use strict money management and try to cut my losses timely. I am comfortable with trading only a few stocks I know and branching out on other ideas. I will take time off to reassess any loss. I stay very disciplined. I have learned I suck at timing Dow Jones options as they move too fast and this is where I have lost the most money. I will scalp some quick day trades on stocks that have quick run-ups on bogus news or go long into heavy volume on legit news. These are typically a sure thing.

Join now or log in to leave a comment
Page
of 1