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Re: None

Wednesday, 04/17/2013 5:00:26 PM

Wednesday, April 17, 2013 5:00:26 PM

Post# of 365939
Hello everyone, I hope the market has been treating you well over the past week. Today at lunch, I decided to log back into my Nadex account, and found that I still had about $29 there. I figured, the money was pretty much lost already, considering what it had come down from, and would give it a shot. Made a few quick trades, to go from $29 -> $45 -> $60, then caught a nice move shortly before the 1PM expiration to move up to $142. A few trades later, and I had peaked up near the $230 mark, before a few last minute moves had knocked me back to $97. A few last minute trades at the end of the day, and I managed to close out the day on the S&P futures, at least, at $149.50. I'm doing my best to try to work up to something I can work with, once more, and if progress is made, will attempt to update it here. The worst that can happen is I lose what was just earlier today, the last $29 in the account. But if I manage to be smart about it, and don't aim for the 400% gain like I had today (at one point, 700%), maybe I will once again be able to join my fellow option traders. This past month has been tough, and the rebuilding process, albeit tedious, will be quite the relief if I manage to rebuild from the ashes that my account had burned down to.

I wish you all the best of luck, and will do my best to make the gambling that is Nadex, turn in my favor so that I might once again fight the urge to trade AAPL options with the best of them. smile
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