Wednesday, April 3, 2013

Time to Total It Up

So far our total gains are approximately $5.37 on our winners and -$1.09 on our losers for a gain so far of $4.28 per share. So far we've had 2 winners and 2 losers (anything we get stopped out of is a loser). If a person always trades 100 shares of stock that would have gained $428 since March 11th.  The options have gained 45 cents in gains over the losses.  If a person always trades 10 options contracts then that would have netted $450 since March 11th, less commissions of course.

I've paper traded this past month to give you an idea of a way to trade stocks and options to earn some cash for your cash box while you RV. Of course such speculation as in any business is always a risk. However there is little reward without some risk, ask any farmer, or retail merchant. I probably will not continue to post these trades much longer as it's now time to try paper trading on your own if you are interested, with the strategies tools and tips I've given you plus others you will uncover from other traders as time goes on. Happy Hunting and always trade your system rules.

 Please do some serious paper trading before you ever begin laying real money down. Use the free to everyone virtual trading program at OptionsXpress.com (just sign up for an account which is free and allows you to use all of their tools, quotes and charts) to practice trading and get the feel for the real thing. Once you put your money down on a trade your emotions kick in like you won't believe so be familiar and well-practiced with your trading system before you ever start trading for real. Trading from guessing and emotions will cost you money so stay cool by following the rules of the Cash-In-The-Box system. Tomorrow I will post the rules in checklist form as developed by The Chartman, Gary B. Smith.

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