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DC Options/Futures Trader glad 2 b here

Discussion in 'Forum Introductions (Who are you!?)' started by April, Jan 24, 2008.

  1. April
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    April New Contributor

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    Hi All,

    Let me introduce myself. My name is April, I live in Washington DC and I have a business in Asset Management/Allocation.

    Firstly, before going in to my story I would like to thank the moderator for creating a wonderful site for growing entrepreneurs, like me, and movers and shaker, whom have acheived their initial financial goals.

    Now back to me. By trade, I have a degree in Biology and have worked in Biomedical Research as a Microbiologist for 10 years. I also have two years training in stock option strategies and have been trading for four years. Although I have passion for science and loved my job, I desired more control; so one year ago I quit my job. I have always been an entrepreneur by nature, aggressive and with little fear so I began to trade actively. I have two children and my husband didn't want me to quit but he supports me anyway. We also have one investment property.

    I am researching and searching out someone, in DC or where ever, to let me work for them or something for knowledge. I know I'm going to make it but I would really like to make it sooner than later and learn from someone a lot wiser.

    There is a lot more but I don't want to overextend my intro and put anyone to sleep...:sleep:

    So I am excited to be apart of this forum and I look forward too chatting with who ever want to chat with me.:tiphat:
     
  2. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    April, Thank you for the intro! I takes a lot of courage to move from a safe, highly educated job (microbiologist, wow!) to the the unpredictable world of entrepreneuring.
     
  3. April
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    April New Contributor

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    Thank you. I had to do it because I live my life with no regrets. I'm 31 and know tha I always will have options ;-)
     
  4. Edge
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    Edge Contributor FASTLANE INSIDER Summit Attendee

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    Welcome April! I'm also an options trader, i'd like to hear more about the types of strategies you use. You'll find a lot of directional equity traders here and even some forex traders. I'm more of a hedged premium seller with my options trading and I mostly trade liquid ETFs or liquid index trades (SPX & RUT).

    I used to keep a blog in the stocks and options trading section of the butterflies and spreads I was trading, but I stopped because there didn't seem to be much interest. Here's the link:

    Options - Iron Condors, Vertical Spreads, Flys

    I like kicking around ideas with other traders so check it out when you get a chance.
     
  5. April
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    April New Contributor

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    Well hello and nice to meet ya. I am partial to stradle/strangle plays but like them all. I am a swing trader with options, where I am looking mostly for growth stock and I trade the S&P. I don't like to occupy a lot of capital so I usually won't utilize strategies where I have to buy stocks.

    There probably wasn't much interest because most people who trade, unless professionally, do not understand options (spreads, greeks, volitility, ect.) or the advantages or disadvantages of trading options. Are you more technical or fundemental in your analysis?

    I trade for income and growth and have a flow through entity for protection and tax reduction. I am also very interested in realstate and am researching buying an apartment building. Are you only trading?
     
  6. Edge
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    Edge Contributor FASTLANE INSIDER Summit Attendee

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    I use a combination of technical analysis, probability analysis, and fundamental analysis.

    No, I am not trading only, I am still in the rat race with a JOB, i'm in the process of starting another business, and I have some SFR rentals. I am planning on using my trading profits to move into commercial.

    So is your entity an LLC or a Corp? Is it for trading only?
     
  7. April
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    April New Contributor

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    Hey,

    That sounds great. Are you using indicators for your technical probability analysis? It sounds like we have a lot in common, minus the job part ;-)

    I have an LLC for my trading and a C-corp, that manages my LLC. When I move to commerical I will have that in an LLC as well and my C-corp will manage that as well.

    What type of business are you starting and what type have you had in the past?
     
  8. andviv
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    andviv Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    hey April, welcome aboard... I hope you enjoy the forum. It is very good that people with experience join s, that improves the quality of the forum.

    There are at least two more members of the forum in the DC area (I live in Sterling, VA).
     
  9. April
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    April New Contributor

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    thank you for the compliment. Nice to meet you and I hope to meet the other washingtonians on this forum. I'm glad to see that there is someone in my area because I feel very alone when it comes to business here in DC ;-(

    I have been enjoying the forum thus far and I really love how the range of starters to the most advanced are able to communicate on a very real level. I appreciate a venue like this one...
     
  10. LightHouse
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    LightHouse Legendary Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I forgot you live in my back yard!


    Welcome April!


    OOPS i did not see that this was last posted on in January, i appoligize!
     

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