Comments on: NASDAQ Composite Index Chart – November 6, 2009 http://mytradersjournal.com/stock-options/2009/11/07/nasdaq-composite-index-chart-november-6-2009/ Investing in Stocks Through Options Sun, 20 May 2012 05:09:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Alex Fotopoulos http://mytradersjournal.com/stock-options/2009/11/07/nasdaq-composite-index-chart-november-6-2009/#comment-6349 Alex Fotopoulos Wed, 11 Nov 2009 00:57:38 +0000 http://mytradersjournal.com/stock-options/?p=3490#comment-6349 Thanks Joe. I don't mind off topic compliments at all. :) I had a horrible year in 2008 and I'm still making up for it. That was a "black swan" year and one I didn't plan well for and cut my losses early enough. Thanks for reading. I should be back to an overall profit before the end of next year I think. I stayed fairly conservative this year with my job in jeopardy most of the year, but I'm starting to add risk into my account more each month. Selling puts is certainly not fool proof, but I agree it's a great approach to investing when managed correctly. Thanks Joe. I don’t mind off topic compliments at all. :)
I had a horrible year in 2008 and I’m still making up for it. That was a “black swan” year and one I didn’t plan well for and cut my losses early enough. Thanks for reading. I should be back to an overall profit before the end of next year I think. I stayed fairly conservative this year with my job in jeopardy most of the year, but I’m starting to add risk into my account more each month. Selling puts is certainly not fool proof, but I agree it’s a great approach to investing when managed correctly.

]]> By: Joe http://mytradersjournal.com/stock-options/2009/11/07/nasdaq-composite-index-chart-november-6-2009/#comment-6348 Joe Tue, 10 Nov 2009 21:51:27 +0000 http://mytradersjournal.com/stock-options/?p=3490#comment-6348 Thanks much for introducing the idea of selling puts to buy stocks. I've had both good and bad results with it (stock took off while I could only make the premium for put) -- but overall I think its an excellent approach to make money. However, I am surprised to see that you have a loss (acc. to your current portfolio page) since the blog inception. I enjoy your commentary and your approach to investing/making money. Please continue. Sorry for the off-topic comment... Joe Thanks much for introducing the idea of selling puts to buy stocks. I’ve had both good and bad results with it (stock took off while I could only make the premium for put) — but overall I think its an excellent approach to make money.

However, I am surprised to see that you have a loss (acc. to your current portfolio page) since the blog inception. I enjoy your commentary and your approach to investing/making money. Please continue.

Sorry for the off-topic comment…

Joe

]]> By: Alex Fotopoulos http://mytradersjournal.com/stock-options/2009/11/07/nasdaq-composite-index-chart-november-6-2009/#comment-6347 Alex Fotopoulos Tue, 10 Nov 2009 13:06:21 +0000 http://mytradersjournal.com/stock-options/?p=3490#comment-6347 Michael, thanks for the compliment. I don't typically look for head and shoulders patterns as much as straight trend lines, but I see what you're talking about. If you're right, the COMP could be ready for a bigger run. That could happen and have it still stay within the trading channel I drew. Michael, thanks for the compliment. I don’t typically look for head and shoulders patterns as much as straight trend lines, but I see what you’re talking about. If you’re right, the COMP could be ready for a bigger run. That could happen and have it still stay within the trading channel I drew.

]]> By: Michael http://mytradersjournal.com/stock-options/2009/11/07/nasdaq-composite-index-chart-november-6-2009/#comment-6346 Michael Mon, 09 Nov 2009 03:47:21 +0000 http://mytradersjournal.com/stock-options/?p=3490#comment-6346 Any thoughts on a head and shoulders formation? I trade naked NDX or MNX options - your chart is great info.... mnxoptions.blogspot........ Any thoughts on a head and shoulders formation? I trade naked NDX or MNX options – your chart is great info…. mnxoptions.blogspot……..

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