The day of reignition

Why I start blogging again?
It's a good question in fact. Seemingly I can't let go publishing my ideas - now about what it takes to be a tycoon through trading. Also, it helps me tremendously in looking back and learning from my mistakes and semi-intuitive decisions.

What this blog is about?
I started paper trading back in 2004 with the Investopedia.com Simulator. My express purpose was to get some deeper insight in the world of investment, through action without the risk attached.
Chiefly I traded stocks as it seemed a good and easy start. In deed I was quite successful. Already at that time I have tried to figure how I could trade options. Only I could not find a way to make it work.
Then I stopped paper trading and get back to other projects (this was the time when I started blogging). Finally in the last few months my attention was falling back on to trading (still just paper), after I have found Dr. Cooper's Option Trading education offer. I got the knack right away. Then last November I went on and selected an on-line broker that offered virtual trading and no minimum account fee to start with (you guessed www.optionsxpress.com).

What should have happened today?
Through the weekend I have re-read dr. Cooper's Online Option Trader manual... and figured that I need to refine some of my WealthLab scripts (TTC-A and MACD13/50) and make some new (GAP+Volume and Channel Breakout on Volume) to have 4 usable and testable trading templates at hand.

What I have done today?

1. Took out the stop close for my DECK March call, as the market seems shaky.


2. As many times before I was somewhat lost in the scripting and had to work (for bread and butter ya know)...


3. Also, the markets were not trading in my direction so I did not open any position.

HomeWork
Start to pull together a serious trading business plan.