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..
This year, I made over 48% profit (income) by selling Vertical Put Credit Spreads as a home business - which is nearly double my buy/hold investment strategy. This week's Journal Entry will list several of my most important posts detailing..
The purpose of this week's Journal Entry is to expand on how I calculate year-to-date Profit and Loss for my Trading Account (for all my Options' Credit Spreads). "Aah, safety's overrated!"- Gobber The Belch (Movie: How to Train Your Dragon)..
Ever wonder how to connect TD Ameritrade's Thinkorswim (TOS) desktop trading platform with your Excel spreadsheet? How about how to use the thinkorswim RTD commands to live stream data into your Excel Watch List? Even better, how about downloading my..
"Mankind was my business. The common welfare was my business; charity, mercy, forbearance, benevolence, were all my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!"- Jacob Marley (Movie: Disney..
Being a beginner in selling Vertical Options Spreads, I need to make sure I have a clear set of goals to follow. So this week, I'm going to state my 2021 Mission Statement for being a successful Options Trader. The..