Hi! I am Zach aka Cubs18. I am a 20 year old finance major at Ball State University in Indiana. I have been trading for about 3 years off and on, I lost money when I began at 16 but since then have been learning all I can via books/forums/websites.
I had an old thread here, in which I started with $3,750 and here I am with $8,000. Now I want to get to that $25,000 mark. I stopped updating that thread...but now I am back and want a clean thread for this goal.
My goal in this thread is to turn my current account balance of $8,000 into $25,000 . There is not really any time frame on this goal. This will be a way to keep myself accountable for my trades/track my trades and share my experiences with others.
I do not have a set strategy, I like to go wherever I think I can make a money. My trading methods are not for everyone and I suggest you NOT follow them as they can be very risky at times. I trade stocks/options. I will be posting charts/analysis for my trades. (haven't been doing the charts/analysis thing -- will get back into that. sorry guys)
I tweet my trades sometimes @zach1992trades
Feel free to chime in anytime and enjoy the thread!!
Starting Balance for thread: $8,000
CURRENT BALANCE: $25,300
(note that gains may be unrealized and this is the end of day balance - no matter realized/unrealized loss/gain)
TOTAL WITHDRAWALS: $9,026
BIDU july 115 puts - 35 contracts - in 4.40
FXI august 28 puts - 35 contracts - in .59
V june 115 puts - 25 contracts - in 1.35
DONT FOLLOW MY TRADES!!!!! THESE ARE JUST IDEAS AND THOUGHTS. NOT A BROKER. NOT ANYTHING. JUST A KID WITH A TRADING ACCOUNT.
Edited by Cubs18 - 6/8/12 at 12:17pm