Thursday, July 16, 2009

Starbucks Corp (SBUX) KLA-Tencor Corporation (KLAC)

Now I'm not as big time as some of you traders on here. I am an average trader guy who is most likely not so different from many trades. I suffer from all the same problems ( fear and GREED ), but I am still always trying to learn. This brings me to my point. Most of the time I don't make a killing on my trades. I believe that Rome was not built in a day. As a once famous man said " it's all in the meter drop". Long live Wade Cook, may he rot in jail. Another story another time. Anyway I am not a professional writer so please don't expect the same quality here that I admire on many of the other blogs I read and have links to. If you want an honest report from a guy who is struggling to be a better trader then this might be a good place.

Thank you for all those who have sent comments to me. I appreciate all of your thoughts, both good and bad about the blog and my trades.

Here are today's trades Starbucks Corp (SBUX) KLA-Tencor Corporation this will be coffee money.

SBUX sold 2 covered calls

KLAC sold 1 coverd call

Update: I am still short KFT QQQQ

3 comments:

Anonymous said...

I actually learned a lot about covered calls from Wade Cook.

The Average Jay said...

Yes way back in the late 90's I read his book. It's the fact that he turned out to be another crook in the end.

Erik said...

Wikivest, linking working well.

Smart...for being patient on sbux