I lost a small amount this week
mostly due to Boeing. For the trading month, I eek out a tiny gain.
Self grade is B-. For the year I am up 16.8%. Compare to some
etfs:
QQQ +15.6% Nasdaq 100 mostly tech
IWM +15.6% Russell 2000 US small cap
SPY +12.6% S&P 500 US large cap
EEM +10.3% Emerging market equities
GLD +1.4% gold
TLT +0.2% 20-year US treasuries
SLV -1.3% silver
So I am still holding my own, though the lead has shrunk. YTD, I lost about 3% of the account on various Boeing trades. Made a boat load on AMZN. The sharp rally had me rolling and closing to stsay near delta neutral. I have a slight bullish bias at the moment, but anything can happen. I don’t have anything remarkable to add. I’ll repeat rule number one:
Live to trade another day
I’ve been blogging a long time, trading much longer. While some see selling naked options as extremely risky, position sizing and taking losses have kept me in the game. Hopefully, I continue to learn and adapt as markets change. Happy Saint Patricks Day.
QQQ +15.6% Nasdaq 100 mostly tech
IWM +15.6% Russell 2000 US small cap
SPY +12.6% S&P 500 US large cap
EEM +10.3% Emerging market equities
GLD +1.4% gold
TLT +0.2% 20-year US treasuries
SLV -1.3% silver
So I am still holding my own, though the lead has shrunk. YTD, I lost about 3% of the account on various Boeing trades. Made a boat load on AMZN. The sharp rally had me rolling and closing to stsay near delta neutral. I have a slight bullish bias at the moment, but anything can happen. I don’t have anything remarkable to add. I’ll repeat rule number one:
Live to trade another day
I’ve been blogging a long time, trading much longer. While some see selling naked options as extremely risky, position sizing and taking losses have kept me in the game. Hopefully, I continue to learn and adapt as markets change. Happy Saint Patricks Day.
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