Exit HIG June 14 puts at 125. Scratch trade (0%) at 10:17 am.
I will log in trades as soon as humanly possible after execution. These will be actual trades that I have done. I will limit these posting to options for the most part with a few equity trades as well. These will be, for the most part, trades held overnite at a minimum.
I day trade predominately and those, for obvious reasons, will not be posted. Word of warning: as these option trades will be naked buys, IF you take these trades, risk parameters should ALWAYS be observed! I personally, typically, limit losses to 30-40% of the option buy price. IF you cannot monitor option pricing during trading hours, your results may differ radically from those posted here. I base stop losses on the actual price of the option itself, NOT the underlying security.
The purpose of these trades is to grow trading capital as quickly as possible. DO NOT commit more to any position or the entire trading plan than you can afford to lose. This is speculation. NOBODY knows what happens next. Even though we will attempt to limit our loses, the size of each position as well as the total trading capital committed should be carefully considered by each individual. I will post the time of the trade and the execution price but not the size of the trade.