My $10000 Dollars

One beauty of the investing market is the ability to borrow money from your broker at a reasonable rate and trade stocks with the money you normally wouldn’t have.  For example, if you put $30,000 into a “margin account” with broker X, you actually may gain the ability to trade $50,000 worth of stocks by [...]

You often hear experts and articles suggesting you not to get too greedy because it will always bite you with force.  While there is a lot of truth in that statement, I believe the opposite is true under certain circumstances. People have the tendency to hold onto their losses too long while holding onto their [...]

For the next few days I’ll be posting some of the top investing mistakes investors make using the learnings from my readings, my observation, and from my own personal learnings.  At the end of the series, I’ll consolidate the articles into one giant reading for a more complete article.  In the meantime,  I’d love to [...]

When I first started investing, I quickly became overwhelmed by the amount of sites available as a resource.  While it is nearly impossible to track all of the resources out there, there are a few mainstream sites that are well known.  Over the years of navigation, I’ve learned the pros and cons for each site. [...]

Sold my put option this morning for a nice profit. Ended up making a few thousand bucks from this put. However I’m still holding FAZ call option (of course lost its value), which means I am now officially going bear again. Did I make a bad move? Very possible. The bulls are strong. Looking at [...]

Today I closed my long position on UCO.  If you recall, this was a complete accident but I ended up benefiting from it since UCO gained pretty significantly in the last two days.  I still have my POT (put option) which will probably expire worthless even though POT price is lower than when I bought [...]

I messed up big time Friday.  I decided to take advantage of the anticipated volatility caused by the outcome of Sunday’s OPEC meeting.  Expecting that oil will swing either up or down significantly after the announcement,  I decided to play “Straddle” using UCO (an Oil ETF I’ve explained before) What is a “straddle”?   “Straddle” [...]

I’ve been taking a break from blogging for quite some time…I know.  Work has just been super crazy.  One thing I’ve learned so far is that corporations know how to slave your ass!   Believe it or not, I’ve had many weeks working 60-70hrs! And I thought Dreyer’s just make ice cream… Anyway, even though I’ve [...]