4 Month Return ... 27.7%

Posted by TheNightTrader on Friday, September 26, 2008 at 6:22 PM

I just realized today was 4 months since I started actively trading strangles in my first account. So I went back and checked how far I've come in those 4 months. I was pleasantly surprised! My goal is to get to where I'm making 10%+ per month trading strangles, but I've learned some hard lessons along the way. So overall I'm happy with the progress I've made.


The only trades made in this account were strangle plays. I will start posting monthly lists of closed trades for each month, but I won't go back and list all the trades for the last 4 months. I just thought it would be good to give everyone a perspective on what is possible with this strategy even while learning and making mistakes. And this is a relatively small account, which goes to show that you don't need tens of thousands of dollars to start trading :-).

5/26/08 Account Balance: $4,325.75
Todays Account Balance: $5,522.85

Net Gain: $1,197.10 or 27.7%

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