Sunday, June 01, 2008

My May trading results is the best I ever achieve, a return of CHF3,810.

Of course, there is a certain amount of luck in play as the market for the month of may does not move much, and there is good for seller of options like myself. Also, the market has an upside bias for the month, so a net long position in stock helps.

If I strip it out, I think my profit should be more like 1500-2000. Still, I think this is a good result for me. My aim is to make 6k consistanly so that the amount is the same as my full time pay. Once I can achieve that, than I will be financialy free in a certain sense.

I am not sure if my good run can continue, but I must keep faith in myself, just like I never give up this dream in the past even I made heavy losses. Not only it is my dream, but in a sense, it is also because that now I have no choice. I cannot find another job anymore, it seems. And I am regretting making the wrong career choice of rejecting ARA's offer. Now, I am paying the price for it, I supposed. But if one belief that everything happen for a reason, and I can ultimately trade for a living, than that may not be a bad decision. After all, my current job gave me the time to do research of trading method which I find it now useful. I may not have this chance if I were to join ARA.

With my baby boy coming in Jul, I just want to focus on my trading, and with my full time job paying for my expenses, I am feeling a little better. The only uncertainty now is whether I can hang on to my job long enough till my trading income exceed my full time job income.

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