Thursday, January 17, 2008

FMCN - 32% $1600.00 Bucks !

I'm still in the FMCN trade. I Plan to exit tomorrow. I considered an exit today but the markets really tanking right now and tomorrow could be significant.


I will likely not enter any trades tomorrow and if I do they will be for the day only. Ill email you and post to the blog if I find and/or enter new trades.
Ill post my exit tomorrow.
:-) Mark

5 Comments:

Anonymous Jay said...

Hey Mark,

I'm trying to paper trade along with you as I grow accustomed to trading. Been away from it for a long time.

I saw that FMCN was on the watch list on the 15th as a short but how do I know when to enter the trade? All I see from the blog is that it was on the watch list on the 15th and today (two days later) you're posting that you're still in it.

Is there something I should be looking for?

January 17, 2008 5:58 PM  
Blogger Ryeman said...

Mark, so I'm assuming that you are showing these trades because this is the sort of thing we can do with your system, right?

January 17, 2008 6:16 PM  
Anonymous Anonymous said...

I bought this option at $5.10 sold at $6.20. I made $624. Would you recommend getting back in?

January 17, 2008 7:41 PM  
Blogger Mark Deaton said...

Jay - Look thru the blog, you'll find it. It was also sent out via email..

ryeman - Yes this is the sort of thing you can accomplish with the system, plus the blog is a good learning tool for all.

anonymous - GOOD JOB !!!

January 18, 2008 11:43 AM  
Blogger clarity said...

What is the best way to set up a paper trading system. I am a newbie and really interested in participating more in this program. What kind of background do you have in trading? Are you mostly self taught or licensed? Just curious, bottom line is results. I think you have a pretty solid understanding and I look forward to learning more from you. Thanks for this site and blog. Really appreciate the effort you put in.

January 18, 2008 11:56 AM  

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