In 1992, during the CNBC/USA Today's National Investment Challenge, I used the most aggressive options strategy and parleyed $500,000 to over $6,000,000 in the course of 3 months. The gain was 1125% and I won the professional options division contest. But that's simulated money and my reward money was only $10,000.
22 years later, trying to have fun after retirement, I decided to test the same options strategy with real money. The goal is to match or better Larry William's (or was it somebody else) who started with $5,000 and turn it into $1 million by trading futures in a year and that's equal to 19000% annual return on the initial capital. In this challenge, instead of using futures I would trade options and individual stocks.
I funded the account with $6000 near the end of March 2014 and as of today (June 6, 2014) net realized gain is $582,177 which translates into 9600% gain in the last 2 1/2 months. I traded 43 times during the period which includes TZA options, varies stock options and varies stocks. I have 75% of the trades were winning trades. However, most of the gains were from TZA put and call options. I traded TZA options 23 times within this period and only 2 of the trades were losing trades. So the winning percentage for TZA trades were 91%.
These have been an amazing 2 1/2 months. At first, I thought I got lucky. But then it couldn't have been because I traded 43 times and 91% accuracy on timing the TZA which is an ETF tracking the Russell 2000 index. And besides I always have been confident in my market timing. But then before these all happened I had a dream in which I had both hands full of bird eggs of different colors and I looked up the Chinese dream analysis on the web and it meant I have a fortune coming. So I now think it's because of fate, luck and skill combined for the great result. Any way , a 9600% return on capital in 2 1/2 months is a crazy return I haven't heard of until now and the public ought to be told. With this kind of progress, I may be able to reach my 1 million target by August sometime.
I declared I have the market beaten at least for the last 2 1/2 months. I want to brag about it now when I still can before the market opens next week. So I am also telling you novice trader out there, there is hope in trading. The following are the results:
Realized Gains/ Losses:
Account Value Graph:
CNBC/USA Today National Investment Challenge Article:
This blog follows the US stock market daily. Free market news, market comments, stock charts, stock and options buy/sell suggestions are provided throughout the day.
Sunday, June 8, 2014
The Stock Market Can Be Beaten
Contact Email: tradeideablog@gmail.com
U.C. Berkeley graduated, former electronic/computer engineer turned investment advisor / analyst. In the market 42 years with focus in market timing, learned from experience to trust charts,combine with trend, valuation, news and investors sentiment in making trading decisions,, knowing anything can happen to the market so very flexible to trade both sides of the market. 1992 CNBC/USA Today Investment Challenge professional options division champ with 3 month return of 1125%. In real life trading accomplished 9600% return by trading TZA options in the course of 3 months, doubled account value in 3 months by trading 3X ETFs. Now retired and enjoy trading stock and options daily. On going partnership with Sing Tao Daily and Sing Tao Radios in offering advanced stock and options trading classes semi-annually.
联系Email:tradeideablog@gmail.com
伯克利加州大学毕业,前电子/计算机工程师转为财务顾问/股市分析师。 在市场42年,专注于参与市场时机。从经验中学到信任图表,结合趋势、估值、新闻和投资者情绪做出交易决策。知道任何事情都可能发生在市场上,因此非常灵活地参与买涨及做空,参与市场的两个方向。 1992年CNBC /今日美国日报投资挑战赛专业期权组冠军,3个月回报率为1125%。 在现实生活中,通过在3个月内交易TZA期权获得9600%的回报,通过交易3X ETF在3个月内使账户价值翻倍。 现在退休,享受每日交易股票和期权。 与星岛日报和星岛电台合作,每半年提供一次深入的股票和期权交易课程。
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