Friday, November 30, 2007

Welcome to MyOptionTrades Blog

Welcome to my Stock Options blog ... MyOptionTrades.com

Everyone knows it takes time and money to make money.

TIME AND MONEY. This is so true and relevant when you are trading STOCK OPTIONS.

If you do not have any money, chances are you do not have enough motivation. But if you have some money and time to trade ... all you need is an OPPORTUNITY.

With STOCK OPTIONS, you can make a little into a lot, with right education and knowledge.

This blog is about MY STOCK OPTION TRADES .. starting November 30th, 2007, trades that I have taken in a real trading account. All gains and losses will be posted, as we go along. This is only for information and educational purposes and past performance does not help or influence future results and performance.

PLEASE NOTE::

Stock Options trading is a risky business and very few really make big money.

Only " Risk Money " should be used for trading Stock options or for that matter any markets, what so ever. Risk and Money management are the keys to survival in markets. Always remember to use STOPS in markets, no matter what your risk tolerances. Also please note that I am not registered as a broker ... all knowledge is earned and learned on personal level.

MOTIVATION, some MONEY and TIME to learn is all you need.

We are here to make money and time is money, more so in Options trading as TIME DECAY plays very important role.

So let us get started .. enjoy the RIDE.

Here is my First trade trade:

Nov 30, 2007 09:47:47 FSLR Buy Dec 240 PUT $16.50
Nov 30, 2007 10:33:23 FSLR Sell Dec 240 PUT $17.70

Time : 46 Minutes
Return: + 7.27 % or $120.00 Per Contract.

Cheers,

Harry