02-23-2009, 02:57 PM
I'll out myself as the other "trader/short termer options guy who's on these forums" Dustie mentioned. I got slammed last year. 
However, I'd argue that most of the problem was that I WASN'T daytrading most of the year. With all the crazy stuff going on in my life (getting divorced, getting married, inheriting two step kids, moving house twice, changing from a 5 mile commute to a 60 mile one), I sat back and let my stocks and funds plummet with the market.
Following Breand's example, I'll post my short-term trades (good and bad) so far this year:
12/30/08 Buy 23 GLD Executed @ $85.64
01/15/09 Sell 23 GLD Executed @ $79.98 ($150 loss)
(horrible trade, GLD did nothing but go up after I sold it)
01/21/09 Buy 4 TBT Mar 40 Calls Executed @ $3.9
01/23/09 Sell 4 TBT Mar 40 Calls Executed @ $6.4 ($968 gain)
(my favourite type of trade, quick 61% profit in 2 days. TBT ran up more after this, though...)
02/05/09 Buy 15 BAC Feb 6 Calls Executed @ $0.65
02/10/09 Sell 5 BAC Feb 6 Calls Executed @ $1.26
02/09/09 Sell 5 BAC Feb 6 Calls Executed @ $1.31
02/10/09 Sell 5 BAC Feb 6 Calls Executed @ $0.79 ($632 gain)
(one of those "if only I had sold them all at $1.31". Actually went a lot higher than that)
02/05/09 Buy 40 UYG Feb 4 Calls Executed @ $0.23
02/10/09 Sell 20 UYG Feb 4 Calls Executed @ $0.25
02/22/09 20 UYG Feb 4 Calls Expired ($491 loss)
(Urgh)
02/12/09 Buy 20 GLD Executed @ $93.33
02/20/09 Sell 10 GLD Executed @ $98.13 ($33 gain)
(still holding the rest, sold for funds to buy WFC calls)
02/20/09 Buy 5 WFC Mar 12 Calls Executed @ $1.35
02/23/09 Sell 4 WFC Mar 12 Calls Executed @ $2.7 ($511 gain)
(bought these late on Friday, sold 4 early on Monday for 100% gain, letting last option run)
However, I'd argue that most of the problem was that I WASN'T daytrading most of the year. With all the crazy stuff going on in my life (getting divorced, getting married, inheriting two step kids, moving house twice, changing from a 5 mile commute to a 60 mile one), I sat back and let my stocks and funds plummet with the market.Following Breand's example, I'll post my short-term trades (good and bad) so far this year:
12/30/08 Buy 23 GLD Executed @ $85.64
01/15/09 Sell 23 GLD Executed @ $79.98 ($150 loss)
(horrible trade, GLD did nothing but go up after I sold it)
01/21/09 Buy 4 TBT Mar 40 Calls Executed @ $3.9
01/23/09 Sell 4 TBT Mar 40 Calls Executed @ $6.4 ($968 gain)
(my favourite type of trade, quick 61% profit in 2 days. TBT ran up more after this, though...)
02/05/09 Buy 15 BAC Feb 6 Calls Executed @ $0.65
02/10/09 Sell 5 BAC Feb 6 Calls Executed @ $1.26
02/09/09 Sell 5 BAC Feb 6 Calls Executed @ $1.31
02/10/09 Sell 5 BAC Feb 6 Calls Executed @ $0.79 ($632 gain)
(one of those "if only I had sold them all at $1.31". Actually went a lot higher than that)
02/05/09 Buy 40 UYG Feb 4 Calls Executed @ $0.23
02/10/09 Sell 20 UYG Feb 4 Calls Executed @ $0.25
02/22/09 20 UYG Feb 4 Calls Expired ($491 loss)
(Urgh)
02/12/09 Buy 20 GLD Executed @ $93.33
02/20/09 Sell 10 GLD Executed @ $98.13 ($33 gain)
(still holding the rest, sold for funds to buy WFC calls)
02/20/09 Buy 5 WFC Mar 12 Calls Executed @ $1.35
02/23/09 Sell 4 WFC Mar 12 Calls Executed @ $2.7 ($511 gain)
(bought these late on Friday, sold 4 early on Monday for 100% gain, letting last option run)
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Currently PvPing in the stock market
Currently PvPing in the stock market