22nd Oct - Should not trade when sick

2 very bad trades today. Whole body aching and mind not thinking......
Anyway, am stopping before it gets worst. Good thing I use only 2 contracts rather than the usual 5. Got to get back to basics.

19th October - Live Trading

Never give up. Even though you did not sleep well last night.

God is faithful. When you are weak, learn to call out to Him - He will refresh you even as you seek Him.

Jeremiah 17:7-8 writes:

Blessed is the man who trusts in the Lord, whose confidence is in Him. He will be like a tree planted by the water that sends out its roots by the stream. It does not fear when heat comes; its leaves are always GREEN . It has no worries in a year of drought and never fails to bear fruit.

Well, the first thousand dollars win in ER2 Live trading - see above

18th October

Not a good day. Lost $720. But, you know what, I was trying to mix around the strategies. Will need to be single minded.

Isaiah 58:10-11

Verse for today:

If you spend yourselves in behalf of the hungry and satisfy the needs of the oppressed, then your light will rise in the darkness, and your night will become like the noon day. The Lord will guide you always, he will satisfy our needs in a sun-scorched land and will strengthen your frame. You will be like a well-watered garden, like a spring whose waters never fail.

17th October - ER2

Took a week of break to recap & rethink. Why am I trading?

Well, my greatest desire is to put my wife out of job so that she can take care of Sammi. Poor girl had a bout of flam for the past 3 weeks. Anyway, our faith is in God.

Today, I especially wanted to mention an unselfish man. I came to know about him through CCI. His name is Ken Wood and his teachings on Woodies CCI has been revolutionary. Well, I practised his trade methods today. Well,...............(post trades later, blogger seems to be having problems).

Also, more importantly, God spoke to me specifically:
1. Trade for me. That's why I'm dedicating today's US$332 to a mission in Aceh.
2. To be able to do reverse tithing eventually. Well, superb traders are known for selling highs and buying lows. God did not create us on earth to just enjoy and forget about everything else. There are other less fortunate people also. We need to get the good news to them !

It's awesome !

Down but not out.

A day of pre-empting the signals and it was not successful. Market also saw a lot of whipsaws. A very careful MM. Anyway, DM needs to be closely monitored.

9th October - Live Trading ER2

Forgot to play YUM y'day. But it was a good day.

Read Proverbs 13:11-13

"Dishonest money dwindles away but he who gathers money little by little makes it grow. Hope deferred makes the heart sick, but a longing fulfilled is a tree of life. He who scorns instructions will pay for it, but he who respects a command is rewarded."

By God's grace, here's the live trades for today:

8th October - ER2 Live Trading

Stockwars – The Options investor strikes back (Part 1)

Yo, earnings season is round the corner and officially kicks off when Alcon (AA) kicks off announcement on Oct 9 after market closes.

To the Options Investor, what are the options to look out for? Here’s a list that I’ll be putting on my watch list:

YUM (Yum Brands)
-Scheduled to report Oct 8th after Market closes
-Looking to enter for the 32.50 or 35 Oct Calls on Oct 8th before market closes

Mon (Monsanto)
-Scheduled to report Oct 10th before Market opens
-Looking to enter for the 85 or 90 calls on Oct 9th before market closes

Strategy: If make money, exit in first 6 minutes. If negative, go for a bear call spread if level II quotes are selling 2 times more sellers than buyers.

What's your recommendations?