I stopped buying stocks in 2014. Started trading options in June of 2014. Mostly IBB options. I'm using this blog for a record of my trades, good and bad, so I can look back and see if I can improve my trading. If you would like to trade along, don't, I some time hold options only for mins. A week or more I feel is a bad trade. Always remember it's a rigged casino
Wednesday, March 25, 2015
Look Out Below Bio Tech Crashing
WOW. Down big today. I lost 10 grand today and I'm down a total 30 grand. Wait... I'm crying it's to hard to type..... OK! I had a few good trades CELG May $120 Calls 3 at $4.90 and sold at $5.30, IBB Apr 02 $345 Calls 5 at $5.90 and sold at $6.30, and again CELG May 15 $25 Calls 15 at $4.00 and sold at $4.20. Will keep trade till I'm broke or get that 30 grand back. Then I'm going on a road trip. Bet the Markets up big Thursday, if not I'll lose another 10 grand. IBB closed at $341.30 and the range was $356.50 to $340.76. Good luck in this rigged casino.
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