Wednesday, November 16, 2011

I'm back

I haven't been posting anything for several months. I don't know what got me started again, but I'm back.
This has been more of a journal than anything else and I think I'll keep it that way.
I moved from Calmar and I now live in Decorah. It's a lot larger than Calmar and it has coffee shops and grocery stores that I like to hang out at. I was spending over $300/month just driving back and forth between Calmar and Decorah.
I lost most of my money, trading stock options. The market has been terrible for investing. The last posting I was starting to invest in options. They are a lot more risky than stocks but when you are right you can make a lot more money with them. I had a month or so when I was seeing my options go through the roof and my stocks poke along. I switched to trading just options. I had a couple of weeks that I made over 50% a week in the options. Then it turned sour. I didn't have enough sense to bail out as I felt that it would turn around. Of course, my car had troubles at that time and I had to spend money to get it repaired. I should have just bailed out and forgotten about trading. The trading saying "Sell in May, and go away" worked, this year. I wish that I had done that.
I'll be back tomorrow.
Later
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