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Re: blasher post# 7615

Thursday, 03/28/2013 2:28:19 PM

Thursday, March 28, 2013 2:28:19 PM

Post# of 7711
Filled Sell to Close AAPL Apr 05 2013 455.0 Call Limit 1.87 -- -- 14:23:31 03/28/13
LoL! . . . well THAT was a terrible way to start showing off my Day-Trading skills.
btw . . my money management method for this option account that I am trading is:
Trade-Size = 50% of my account
max Trade-Loss = 50% of my Trade-Size

SO .. assuming a maximum Loss, on a bad day (like today) .. my account will end now worse than 3/4 of it's previous size.
In this manner, I can have a few losses in a row and still have enough dry-powder for the next day.
of course .. I'll need to throw in some winners along the way! wink

Blasher . . .
follow me at #board-2546 . . .
and follow my Public Stock Pick Charts

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