Monday, December 21, 2009

December Results

In December I only had the one SPY trade as the market pretty much stayed flat and didn't allow me to enter any other positions.
My one trade was successfull. It had a great return, but unfortunately I didn't put a lot of money behind the trade as I was expecting to be able to enter more positions.

The Bear call 114/115 spread expired successfully for a ROI of 24% for + $839.

Since this was the only trade for december that means I was only up 5.8% in my account for the month, but I will take a positive month any day. My account is now at $15,300.

I started this project in June of 2009. My goal was to be profitable by the end of the year trading the S&P 500 market. After 7 months, the S&P is up 23%. My project 10,000 account is up 53%.

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