Thursday, April 9, 2009

Trade Update - 4/9/09

I have switched my accout to interactivebrokers.com and I must say I am impressed. The site is slightly more complex than tradeking but that is only because it offers so much more.

I am taking this opportunity to close out most of my tradeking positions with the Dow well over 8000 today. Most all of my naked puts are only trading for pennies on the dollar so it is a good time to close them out. This has been my best month ever in my options trading account. I am up 20+ % since early March (240% annualized - cya: this is not typical). I continue to refine my trading process and I am now in the process of writing a trading plan. When completed I will post it here.

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