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Post 1738, Day 270 of 2016
- 2,096 days since I started this blog -
Daily Comment
Dinner
11:00pm: Beef burger with salsa and guacamole, and a salad (kale, spinach, chard, cabbage, feta cheese, balsamic vinaigrette.
- 2,096 days since I started this blog -
I have decided to jump back into options trading.
I did it from 2003-2004 with mixed results. Actually, most of that time I had great results, but at the end I hit a long losing streak.
I will not be playing with a lot of money - but, while I take it seriously, it is still playing.
It isn't exactly gambling, in the sense that there are tools and techniques to assist you in your quest for profit, and skill and talent develop.
I learned a lot last time, beyond all the fundamentals, and the language of options trading.
Meanwhile, in the ten+ years since I did it, things have become easier, and the ancillary costs, cheaper.
My goal is two-fold: First, although serious business, it's fun. Which is to say, like Sudoku, the math involved, the intellectual challenge, the self-competition means every trade is like a sports match - you win (make money) or lose. The idea is to win more than you lose over relatively short (weekly) timetables.
The second reason is income. I am feeling a bit pinched. I look at my budget, and I'm living within my income. But that income includes a month where I was working, and got a small payout for retiring, and regular small amounts from gigs. Concerning the latter, I am coming off a period where, beginning with retirement, I've gotten around $200 cash per month on average, with this last month being the least lucrative at $140. But I have, for the first time in at least five years, zero future gigs booked.
So risking small amounts of money, my goal is to trade to an extra $250 per month. I did my first trade yesterday, making $65 after costs in a trade that lasted only three hours, during most of which I wasn't looking.
So: Options trading for fun and profit.
I'll do it as long as it stays fun and profitable.
I did it from 2003-2004 with mixed results. Actually, most of that time I had great results, but at the end I hit a long losing streak.
I will not be playing with a lot of money - but, while I take it seriously, it is still playing.
It isn't exactly gambling, in the sense that there are tools and techniques to assist you in your quest for profit, and skill and talent develop.
I learned a lot last time, beyond all the fundamentals, and the language of options trading.
Meanwhile, in the ten+ years since I did it, things have become easier, and the ancillary costs, cheaper.
My goal is two-fold: First, although serious business, it's fun. Which is to say, like Sudoku, the math involved, the intellectual challenge, the self-competition means every trade is like a sports match - you win (make money) or lose. The idea is to win more than you lose over relatively short (weekly) timetables.
The second reason is income. I am feeling a bit pinched. I look at my budget, and I'm living within my income. But that income includes a month where I was working, and got a small payout for retiring, and regular small amounts from gigs. Concerning the latter, I am coming off a period where, beginning with retirement, I've gotten around $200 cash per month on average, with this last month being the least lucrative at $140. But I have, for the first time in at least five years, zero future gigs booked.
So risking small amounts of money, my goal is to trade to an extra $250 per month. I did my first trade yesterday, making $65 after costs in a trade that lasted only three hours, during most of which I wasn't looking.
So: Options trading for fun and profit.
I'll do it as long as it stays fun and profitable.
Food and Diet
Today's Weight: 205.0 lbs.
Diet Comment
Previous Weight (9/23): 201.0 lbs.
Net Loss/Gain: + 4.0 lbs.
Diet Comment
So, I had a blow-out, old-fashioned cheat day on Saturday, where I overate off-plan food from early in the morning (that's what got me going, the first day since retirement I was out of the house before 9AM) to... early in the morning. Nothing but bad stuff, including, but not limited to, donuts, ice cream, chocolate, hot dogs, potatoes, peanut butter, bread in many forms... Then, Sunday, I was full and slightly nauseous all day, only to go on to finish leftovers all night...
Food Log
Breakfast
1:45pm: Green protein shake with almond-coconut milk, kefir, extra-large organic egg, chia gel, kale, whey powder (36g protein), hemp seeds, hemp protein (7g protein), raw organic cacao powder, celery, moringa leaf powder, cinnamon, coconut oil and stevia-inulin blend.
Lunch
8:10pm: A Quest bar.
11:00pm: Beef burger with salsa and guacamole, and a salad (kale, spinach, chard, cabbage, feta cheese, balsamic vinaigrette.
Liquid Intake
Espressos: 1; Coffee: 25 oz.; Tea: 0 oz.; Water: 75+ oz.
Please leave a comment if you visit my blog. Thank you!
oh those days when eating is not fun-
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