Tuesday, July 15, 2008

Another volatile one

I ended up losing .40% on a wacky day that still didn't lend any confirmation as to where we are headed. I lost a bunch on an ARO option that traded 1 contract today. Nobody else would buy the dumb thing to bring it back up. Punks.

I traded my first short today. It wasn't quite as dramatic as I had pictured it being. After trading options for a few months, it wasn't even a big deal. I don't know why I waited so long.

2 comments:

Anonymous said...

Have you ever tried Keelix.com? Its a backtesting tool using the parameters from AAII's Stock Investor Pro. The people on the mechanical investing forum on fool.com are doing some interesting things.

Anonymous said...

Options and shorting! Why do you insist in complicating your life so much. Keep it simple or you won't keep it at all.