Trading

This article has been in the blog's draft section for a couple of months and as it still bears some useful information I decided to publish as it is with little comments at the end. On August 13, 2019 I made my first Iron Condor trade - I sold following IC SPY AUG 14'19 294 / 284 / 293 / 283.5 @ 0.51 This trade was with a 1 day to expiration (DTE), I collected 51 USD from this trade, and paid in fees 9.6 USD (Interactive Broker charges each direction, and Iron Condor consists from 4 legs - 2…

In the month of November 2019, I kept suffering from my trades on indexes. I took a loss of about EUR 3,000. If there was a lesson learned, then liquidity, stop loss and too many open positions are 3 simple things to follow in the future. Anyhow, I decided to stop trading instruments without underlying (no more futures or indexes until further notice) The further written is copy/paste from my e-mail to a friend/ coach/ mentor (little editing added to make it blog readable) As I had a negative…

I've been using Google Spreadsheets literally for everything that can be counted or measured (dividend income, stock trades, body weight and so on).  And so did when I decided to build an option trading journal I built it using Google Spreadsheets. Everything good here, except I decided to count how many trades there have been, how many are open, how many are closed, how many are winning, how many are losing and based on that make a simple calculation to figure out what is my winning rate…

Deribit is my latest discovery from the crazy crypto world. It all started with simple buy-and-hold operations back in 2017. What followed was, a day trading on Poloniex,  I even built a custom Ethereum mining rig. I have played with cloud mining contracts from hashflare,  and now I've found my way into Bitcoin / Ethereum options trading. It's not that I would call myself an expert in options trading, in fact, I have made just a couple of put sales in the regular stock market - I tend to…

Now, this is exciting - in the late evening of March 28th, 2019 (GMT) I made my first options trade (s). To get to this point it took me a couple of months and a lot of reading, talking and watching YouTube videos. A huge learning curve and a lot of incomprehensible. Anyway - I just made it, my first options trade - probably really dumb, probably I will lose after all, but I feel very excited that at least I get it through. Now, as you already can see from the title, here is what I did: FTR…