My CND compels me to measure my Options income to gauge whether I’m making money or wasting my time. After a year of ill-reporting my P&L, I made one minor D’oh correction. I’m now relieved to see that my Vertical Bull..
This month's Journal Entry feeds my nerdy side as I document my Cover Call Watchlist, which pulls live data from my ThinkorSwim trading platform into an Excel Spreadsheet. In addition, I will dissect my watchlist Excel spreadsheet and document how..
In this month’s journal entry’s commentary, I want to see if Microsoft's new Bing AI search engine can help me with improving my Vertical Spread strategy. Plus, new Entry Rules for Yearly Vertical Bull Put Credit Spreads. Table of Content..
The downturn in the 2022 markets began on cue – the first week in January. And by the end of that first month, I was already falling down the “Correction” rabbit hole. I am ending this year with a frustrating..
After 2022, Painful Experience will have to be approbation enough. But with a little prestidigitation, this month's journal entry intends to define my Budget, Goals, Mission Statement, and new Entry/Exit rules for 2023 - Zimzalabim! Table of Content Commentary -..
The US economy is being swept into a recession. But instead of continuing to pile out of the markets, it appears that fear-fatigue has set in as Marketeers seem antsy to get back in the fray. So, this week is..
I need to start using the Mark-to-Market (MTM or M2M) accounting method in my P&L statement to give me a better idea of my performance. Like Globodyne, I've been overstating the value of my open Vertical Spreads over the last..
My 2021's end-of-year trading account cash value from selling Vertical Credit Spreads = $24,343.58. This is 52.1% ROI over my start of year $16,000 investment. This beats the 30.8% ROI from an equal investment in ETF/SPY. Table of Content Commentary..
A trading budget for my 2022 Vertical Put Credit Spreads project is a great tool to help me keep focused on the prize. It will help me pace myself with a systematic approach to managing risk and (most importantly) allow..
A Vertical Spread Mission Statement for 2022 needs to be my recited verse! And it needs to be in front of me every trading day. Table of Content Commentary - Mission StatementThis Week's Market Sentiment Trading Readiness Level (DEFCON) Profit..