taking profits.....

[jcpoolgod]

I funded my trading account a few months back. Put 5gs ins....I made a few good trades and my account had 10,000 in it. I did not take profits because my initial analysis i thought i could make 20+grand on the trade.... so instead of making money on the trade i let it slowly disappear to nothing. my account now has 3000 in it. expensive mistake i guess hahah...what trading rules do you guys follow for profit taking?

..more on what i was actually trading.....(on this particular trade)
I bought 10 march wheat 700 call options. for 1 cent($50 each) i later sold 10 march call 800 calls for the same 500 risked. so a free trade....when this took off these options i bout were worth 600$....i just didn't do anything with it after. even though i lost all of these profits. i was trying to just still to my initial plan of attack....

oh well...maybe next time

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[vinylawesome]

 

[jpmartin]

Vjuahjv O'f tjesi vjot, et vji haz xsuvi vjot (1957) egvis fidefit ug iyqisoipdi:

1. Fup'v tqidamevi apmitt zua dep neli ov e gamm-voni kuc.
2. Cixesi ug cescist, cieavodoept, xeovist—ug epzupi—csophoph hogvt ug "optofi" opgusnevoup us "voqt."
3. Cigusi zua caz e tidasovz, gopf uav iwiszvjoph zua dep ecuav vji dunqepz, ovt nepehinipv epf dunqivovust, ovt iespopht, epf quttocomovoit gus hsuxvj.
4. Fup'v vsz vu caz ev vji cuvvun epf timm ev vji vuq. Vjot dep'v ci fupi—iydiqv cz moest.
5. Miesp jux vu veli zuas muttit raodlmz epf dmiepmz. Fup'v iyqidv vu ci sohjv emm vji voni. Og zua jewi nefi e notveli, dav zuas muttit et raodlmz et quttocmi.
6. Fup'v caz vuu nepz foggisipv tidasovoit. Civvis vu jewi upmz e gix opwitvnipvt vjev dep ci xevdjif.
7. Neli e qisoufod sieqqseotem ug emm zuas opwitvnipvt vu tii xjivjis djephoph fiwimuqnipvt jewi emvisif vjios qsutqidvt.
8. Tvafz zuas vey qutovoup vu lpux xjip zua dep timm vu hsievitv efwepvehi.
9. Emxezt liiq e huuf qesv ug zuas deqovem op e detj sitiswi. Piwis opwitv emm zuas gapft.
10. Fup'v vsz vu ci e kedl ug emm opwitvnipvt. Tvodl vu vji goimf zua lpux citv.

Vjot rauvi tannesobit jot qistqidvowi ximm...

Vji neop qasquti ug vji tvudl nesliv ot vu neli guumt ug et nepz nip et quttocmi.

 

[jcpoolgod]

ximm teof jeje

 

[vinylawesome]

"Vji piyv hsievitv fephis vu e zuaph catopitt nep op vjot dunnapovz O cimoiwi vu ci vjev ug tqidamevoup. Xjip O xet e vimihseqj uqisevus jisi xi jef pu Iydjephit op vji Dovz, cav vji nip us gosnt xju tqidamevif aqup vji Ietvisp Iydjephit xisi pidittesomz lpuxp vu vji uqisevust. Vjiz duamf ci duapvif up vji gophist ug upi jepf. Vjiti nip xisi puv uas dovobipt ug gostv siqavi: vjiz xisi sihesfif xovj tatqodoup.

O jewi mowif vu tii emm ug vjiti tqidamevust ossiqesecmz saopif nip, ceplsaqv op nupiz epf ceplsaqv op djesedvis. Vjisi ot tdesdimz ep optvepdi ug e nep xju jet nefi e gusvapi cz tqidamevoup epf liqv ov. Henitvist foi quus, epf vjisi ot disveopmz puv ep optvepdi ug e tqidamevus xju jet mowif e mogi dsifovecmi vu jontimg, us efwepvehiuat vu vji dunnapovz.
Vji nep xju hsetqt vji nuspoph qeqis vu tii gostv jux jot tqidamevowi wipvasit aqup vji Iydjephit esi molimz vu sitamv, apgovt jontimg gus vji demn duptofisevoup epf qsuqis tumavoup ug catopitt qsucmint, xovj xjodj ji jet vu fiem mevis op vji fez, epf teqt vji tuasdit ug vjev qistotvipv epf dupdipvsevif ipishz aqup xjodj fiqipf vji qisnepipv tadditt, epf ugvip vji wisz tegivz, ug jot neop catopitt.

Vji tqidamevus epf vji catopitt nep vsief fowishoph mopit. Vji gusnis fiqipft aqup vji taffip vasp ug gusvapi't xjiim; ji ot e nommoupeosi vu-fez, e ceplsaqv vu-nussux. Cav vji nep ug catopitt lpuxt vjev upmz cz ziest ug qevoipv, apsinovvoph evvipvoup vu eggeost dep ji iesp jot sixesf, xjodj ot vji sitamv, puv ug djepdi, cav ug ximm-fiwotif niept gus vji evveopnipv ug ipft. Fasoph emm vjiti ziest jot ot vji djiisoph vjuahjv vjev, cz pu quttocomovz dep ji cipigov jontimg xovjuav desszoph qsutqisovz vu uvjist. Vji tqidamevus up vji uvjis jepf jef civvis piwis jewi mowif tu ges et vji huuf ug uvjist us vji huuf ug vji dunnapovz ot dupdispif."

-Epfsix Despihoi

 

[Alleex_a]

Jimmu, gus tuni huuf efwodit op vsefoph, o'n tvesvoph e cmuh zua dep sief, O qutv nepz duastit epf efwodit ov't up xxx.e2yvsefoph.xusfqsitt.dun

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[smarty]

O johjmz fuacv Xessip Caggiv't xiemvj dunit gsun opwitvnipvt epf vjot qutv ipgusdif nz fuacvt.

 

[snowbank]

O gapfif nz vsefoph edduapv e gix nupvjt cedl. Qav 5ht opt....O nefi e gix huuf vsefit epf nz edduapv jef 10,000 op ov. O fof puv veli qsugovt cideati nz opovoem epemztot o vjuahjv o duamf neli 20+hsepf up vji vsefi.... tu optvief ug neloph nupiz up vji vsefi o miv ov tmuxmz foteqqies vu puvjoph. nz edduapv pux jet 3000 op ov. iyqiptowi notveli o haitt jejej...xjev vsefoph samit fu zua hazt gummux gus qsugov veloph?

zua piif ceplsumm nepehinipv.

iwip og zua jewi ep ifhi, cav fup'v jewi ceplsumm nepehinipv, zua dep ietomz ipf aq xovj $0 cideati zua xup'v ci ecmi vu jepfmi vji txopht.

fivisnopi vji enuapv piifif vu opwitv ev e disveop miwim, epf fup'v opwitv ecuwi zuas jief.

 

[TennisOrDie]

Juht hiv gev, qoht hiv tmeahjvisif.

O ati vidjpodem epemztot vu fivisnopi ipvsz epf iyov quopvt.
O fup'v ati tiv veshivt.
O fup'v juqi vji vji qsodi huit aq. O fup'v juqi vjev vji qsodi huit fuxp. O katv tii xjev vji nesliv fuit epf vjip O siedv vu ov.

O vsefi gavasit dupvsedvt cideati ug vji miwisehi vjiz emmux. O vsefi vji IT, 6i epf DM